Forum Discussion
propchef
Feb 22, 2022Explorer
LouLawrence wrote:RetiredRealtorRick wrote:
I still want to know, in layman's terms, why the heck we EXPORT so much oil, and why the heck we IMPORT so much oil???
We pump oil that is the wrong type to be processed by our US refiners so we mostly export that oil and then import the oil our refiners are setup for. We been doing this for years and never have had enough sense to spend the money to change this scenario. We never do learn until it's way too late.
It's because the newer technologies made it financially viable to extract oil (tar) when it wasn't previously feasible. We had by that time already set up our refineries.
The discussion is now about energy, not continuing the draining of a finite resource.
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