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View Diary: Peak oil and peak silliness (111 comments)

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  •  You didn't read your own article (1+ / 0-)
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    Ender

    The exports are "fuel" - refined products. That just means we have excess refining capacity.

    We're still importing most of the crude oil to refine into that fuel that we export.

    Look at total US oil production versus total US oil consumption for any given year - the consumption number will be quite a bit larger than production.

    The difference is made up through imports of crude oil.

    If the pilot's good, see, I mean if he's reeeally sharp, he can barrel that baby in so low... oh you oughta see it sometime. It's a sight. A big plane like a '52... varrrooom! Its jet exhaust... frying chickens in the barnyard!

    by Major Kong on Sat Apr 06, 2013 at 12:47:30 PM PDT

    [ Parent ]

    •  I'm sorry. I think you are right. (0+ / 0-)

      The article jumps around between crude oil and refined fuel.

      It does say, "purchases of the fewest barrels of imported crude in almost 16 years, led to the smallest petroleum deficit since August 2009"

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