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View Diary: Peak oil and peak silliness (111 comments)

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  •  I got it wrong (1+ / 0-)
    Recommended by:
    mightymouse

    The article says:

    A surge in U.S. oil production has made the nation the world’s largest fuel exporter.
    •  And That's Due More To (2+ / 0-)
      Recommended by:
      Ender, mightymouse

      ...our refining capacity.  Such as, Mexico produces and exports plenty of crude--they're one of our major suppliers--but then must import most fuels because they don't refine very much down there.  The international oil market is probably the most complicated there is.  That's why paraphrasing and incareful reading of statistics (and that's when the stats are even reliable) leads quickly to lots of confusion.  

      The EIA, I think, last year caused a bit of a stir when it predicted that the US would become the world's top oil producer...by 2020.  

    •  here is web page you should check out (1+ / 0-)
      Recommended by:
      Ender

      get the right info next time.

      US Energy Information Administration Petroleum Imports & Exports

      week ending 3/29/13:

      US Imported 7,913,000 barrels of crude/day.

      US Exported 45,000 barrels of crude/day.

      Imports were 160 times exports.

      An ambulance can only go so fast - Neil Young

      by mightymouse on Sat Apr 06, 2013 at 02:50:17 PM PDT

      [ Parent ]

      •  Thanks for the link (1+ / 0-)
        Recommended by:
        mightymouse

        Weekly US oil imports seem to have peeked between 2004 and 2009.

        I don't think that means anything, yet, but it would be interesting if that trend continued while the economy continued to expand.

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