Quote:
Originally Posted by swnoel
Elections have consequences...
|
Google is your friend.
Elections has zero to do with the price of crude oil. Crude oil is a world wide set price. Spot price.
Maybe one should ask why the USA oil companies are exporting crude oil to foreign countries.
In 2021, the United States
imported about 8.47 million barrels per day (b/d) of petroleum from 73 countries. Petroleum includes crude oil
In 2021, the United States
exported about 8.63 million b/d of petroleum to 176 countries and 4 U.S. territories
LINK
Maybe one should Google why USA oil companies are exporting USA crude - and just keep it in USA to lower gas prices.
Why are the USA oil companies and the USA oil company stock holders keeping this exported oil right here in the USA ? To lower prices?
The USA oil companies are importing oil and the USA oil companies are exporting oil. Importing
and exporting ?
Why is that ?