Article

2023-04-20 Economy

US crude oil inventories fall more than expected due to refinery consumption and rising exports

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Posted by trailing wife 2023-04-20 02:30|| || Front Page|| [3 views ] Top

#1 "...net crude imports fell by 1.74 million barrels per day, while exports rose by 1.84 million bpd."

So we export 740,000 barrels per day more than we import? In other words, we don't need to import anything and could reduce the cost of crude by the transport and intermediate handling costs? What am I missing besides the utter stupidity of American Energy Policy?

Posted by NoMoreBS 2023-04-20 12:58|| 2023-04-20 12:58|| Front Page Top

#2 Another pipeline from Canada would probably help the situation.

Posted by Super Hose 2023-04-20 12:59|| 2023-04-20 12:59|| Front Page Top

#3 So we export 740,000 barrels per day more than we import? Gotta keep the Saudis and other opec nations happy.

Posted by Deacon Blues 2023-04-20 14:31|| 2023-04-20 14:31|| Front Page Top

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