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Title: In a first, gas and other fuels are top US export
Source: yahoo
URL Source: http://news.yahoo.com/first-gas-oth ... s-top-us-export-200739553.html
Published: Dec 31, 2011
Author: Chris Kahn
Post Date: 2012-01-02 10:52:05 by lucysmom
Keywords: Drill Baby Drill
Views: 5837
Comments: 16

NEW YORK (AP) — For the first time, the top export of the United States, the world's biggest gas guzzler, is — wait for it — fuel.

Measured in dollars, the nation is on pace this year to ship more gasoline, diesel, and jet fuel than any other single export, according to U.S. Census data going back to 1990. It will also be the first year in more than 60 that America has been a net exporter of these fuels.

Just how big of a shift is this? A decade ago, fuel wasn't even among the top 25 exports. And for the last five years, America's top export was aircraft.

The trend is significant because for decades the U.S. has relied on huge imports of fuel from Europe in order to meet demand. It only reinforced the image of America as an energy hog. And up until a few years ago, whenever gasoline prices climbed, there were complaints in Congress that U.S. refiners were not growing quickly enough to satisfy domestic demand; that controversy would appear to be over.

Still, the U.S. is nowhere close to energy independence.

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Begin Trace Mode for Comment # 10.

#2. To: lucysmom (#0)

For the first time, the top export of the United States, the world's biggest gas guzzler

Obama killed the economy, we have no industry left so we need less fuel. My truck burns very little sitting in the driveway all day.

Happy Quanzaa  posted on  2012-01-02   11:06:38 ET  Reply   Untrace   Trace   Private Reply  


#5. To: Happy Quanzaa (#2)

My truck burns very little sitting in the driveway all day.

I have a truck sitting in the driveway too - a '66 Chevrolet with an eight foot bed - it gets 9 miles to a gallon.

The car I drive gets 30 mpg on the freeway.

lucysmom  posted on  2012-01-02   11:22:19 ET  Reply   Untrace   Trace   Private Reply  


#6. To: lucysmom (#5)

I have an '03 Ford F-150, if I ever get real work again I'll buy something that gets better mileage.

Happy Quanzaa  posted on  2012-01-02   11:27:44 ET  Reply   Untrace   Trace   Private Reply  


#10. To: Happy Quanzaa (#6)

I have an '03 Ford F-150, if I ever get real work again I'll buy something that gets better mileage.

You need to sell your Beemer then. Just think of the insurance costs you will save.

mininggold  posted on  2012-01-02   11:35:41 ET  Reply   Untrace   Trace   Private Reply  


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