PhiloBeddo » Today, 10:17 am » wrote: ↑
We have plenty of oil. I think it is all due to coked up commodity traders, douche bags in suits. Oil should not be a market commodity. Greedy people who never did a hard days work in their life are making millions and getting fried on coke. **** wall street.
75% of the oil that the USA produces is sold on the international oil market. Our refineries are not built to deal with it. We export about 10.15 million barrels daily, and import about 8.5 million barrels daily. We are a next exporter of hydrocarbons, but much of the gas we pump into our tanks is refined from imported petroleum. There is no escaping the price of crude.
Commodity traders did not close the strait of hornuz.
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