We exported more petroleum products, not more oil. We are still net oil importers.
*-- Russ Abbott* *_____________________________________________* *** Professor, Computer Science* * California State University, Los Angeles* * Google voice: 747-*999-5105 Google+: https://plus.google.com/114865618166480775623/ * vita: *http://sites.google.com/site/russabbott/ *_____________________________________________* On Mon, Feb 27, 2012 at 7:42 PM, Owen Densmore <[email protected]> wrote: > From > http://www.huffingtonpost.com/2011/05/03/us-becomes-net-exporter-o_n_857085.html > > While some Americans cut > back<http://www.aolnews.com/2011/04/11/gas-prices-rise-americans-cutting-back-on-driving/> > on > driving as gas prices soar, the U.S. has become a net exporter of fuel for > the first time in nearly 20 years. > > According to data from the Energy > Department,<http://www.eia.doe.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MTPNTUS2&f=M>starting > last November -- with the exception of the month of January -- the U.S. > began exporting more petroleum products than it imported. > > > This is not the source I got the idea from, its been in the news quite a > bit lately, this is just the first google hit I tried. > > The theory is that between the recession (thus less use of fuel, both > supply side and demand), conservation/efficiency, and more recent hi-tech > oil/gas exploitation (horizontal drilling), the US consumption has dropped > and the production has increased, causing a net surplus. > > It certainly is surprising. > > -- Owen > > On Mon, Feb 27, 2012 at 6:54 PM, Hugh Trenchard <[email protected]>wrote: > >> ** >> Where did you see that the US is now a net oil exporter? The attachments >> below are 2008 and 2009, but I suspect the picture hasn't changed much >> since then (US imports 75% of its oil for consumption). I believe I saw >> reference to "potential exporter" in the NY Times article. >> >> >> http://www.washingtonpost.com/wp-dyn/content/graphic/2008/07/26/GR2008072601599.html >> >> http://www.flickr.com/photos/gdsdigital/4056035804/ >> >> ----- Original Message ----- >> *From:* Owen Densmore <[email protected]> >> *To:* Complexity Coffee Group <[email protected]> >> *Sent:* Monday, February 27, 2012 9:14 AM >> *Subject:* [FRIAM] A Good Question - Should the United States join OPEC? >> >> Now for something completely different: >> >> >> http://www.nytimes.com/2012/02/26/opinion/sunday/friedman-a-good-question.html >> >> Basically whether or not the US should join OPEC now that it is a net oil >> exporter. >> >> Insane as it sounds, there is some reason in the discussion. >> >> -- Owen >> >> ------------------------------ >> >> ============================================================ >> FRIAM Applied Complexity Group listserv >> Meets Fridays 9a-11:30 at cafe at St. John's College >> lectures, archives, unsubscribe, maps at http://www.friam.org >> >> >> ============================================================ >> FRIAM Applied Complexity Group listserv >> Meets Fridays 9a-11:30 at cafe at St. John's College >> lectures, archives, unsubscribe, maps at http://www.friam.org >> > > > ============================================================ > FRIAM Applied Complexity Group listserv > Meets Fridays 9a-11:30 at cafe at St. John's College > lectures, archives, unsubscribe, maps at http://www.friam.org >
============================================================ FRIAM Applied Complexity Group listserv Meets Fridays 9a-11:30 at cafe at St. John's College lectures, archives, unsubscribe, maps at http://www.friam.org
