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Prohibiting Oil Exports

Posted: Fri Jun 17, 2022 2:50 pm
by Roadster
What is the total US Oil exports for 2021 and 2022?

"Biden allowed 52 million barrels of American oil to be exported to #China in just the first 3 months of this year

We are paying $5 a gallon in America but sending 500000 barrels a day to a communist regime
Quote Tweet
Senator Rubio Press
@SenRubioPress
· Jun 15
Senator Rubio and @SenRickScott introduced a bill to prohibit the exportation of oil and petroleum products from the United States to the Peoples’ Republic of #China."

Re: Prohibiting Oil Exports

Posted: Fri Jun 17, 2022 6:58 pm
by Fraser921
We dont have enough refinery capacity to process it. No new refineries have been built and actually 3 were shut down, 2 of which due to climate change. Now thats coming back to bite us in ass and Biden demands refineries produce more.

See this post

https://epgforum.com/viewtopic.php?f=7&t=20164

Re: Prohibiting Oil Exports

Posted: Sat Jun 18, 2022 9:07 am
by dan_s
Banning exports of oil to China might be OK, but if we ban exports of refined products, it will screw-up the global economy even more.