February 25, 2013

Why am I not surprised (take two) - Oil Imports Increase

Geeee... It's not like we are doing anything wrong are we? From England's Financial Times:
US oil imports from Middle East increase
The US was more reliant on the Middle East for its oil imports last year, underscoring the critical importance of the politically unstable region for the country despite the growing energy independence its shale gas revolution is bringing.
This beggars the imagination:
#1) - they really do not like us
#2) - they are charging us a lot of money
#3) - we have more domestic oil and gas resources than they ever had.
So why? Diesel is now about $4.20 if I can find it at that price. It was under $3 a few years ago. Posted by DaveH at February 25, 2013 10:16 PM
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