mattb 0 #1 January 30, 2003 I excerpted this from a long rambling e-mail that somebody forwarded to me. Normally I would have deleted it without reading it but it came from somebody who generally doesn't pass on junk. I am forwarding it on as well, hopefully you don't mind. I have deleted the ramblings about terrorism, Saudi Arabia, American jobs, etc due to atrocious grammar and poor logic. You can draw your own conclusions. Major companies that imported Middle Eastern oil during the period 9/1/00 - 8/31/01: Shell............................205,742,000 barrels Chevron/Texaco.........144,332,000 barrels Exxon /Mobil................130,082,000 barrels Marathon/Speedway...117,740,000 barrels Amoco.........................62,231,000 barrels $30/barrel = more than $18 billion Here are some large companies that did not import Middle Eastern oil during that period: Citgo....................0 barrels Sunoco.................0 barrels Conoco................0 barrels Sinclair.................0 barrels BP/Phillips........... 0 barrels Hess....................0 barrels All of this information is available from the Department of Energy. Quote Share this post Link to post Share on other sites
CrazyIvan 0 #2 January 30, 2003 Excuse, fill it up PREMIUM please!!!__________________________________________ Blue Skies and May the Force be with you. Quote Share this post Link to post Share on other sites
wmw999 2,589 #3 January 30, 2003 It's been debunked as inaccurate. But, more to point, people are going to buy gas; if Citgo doesn't buy Middle Eastern oil, then that means there's less Venezuelan (or Mexican, or whatever) oil available, and someone who does buy it will buy more. As long as people won't pay MORE for domestic gasoline or reduce their consumption, then it really doesn't matter. You're not causing Conoco to buy Middle Eastern oil, but Shell will. Wendy W.There is nothing more dangerous than breaking a basic safety rule and getting away with it. It removes fear of the consequences and builds false confidence. (tbrown) Quote Share this post Link to post Share on other sites
PhreeZone 20 #4 January 30, 2003 Just an FYI... BP now owns Amoco, which was once part of Sohio, which was origianlly part of Standerd Oil. Phillips aka Phillips 66 was founded by a texan, that move to New Mexico and made a fortune in real estate and domestic Oil. Phillips was trying to use all domestic oil last I heard but had to submit to market pressure and was buying the cheaper import oil.Yesterday is history And tomorrow is a mystery Parachutemanuals.com Quote Share this post Link to post Share on other sites
Guest #5 January 30, 2003 If this sh** keeps up, I'm going to find an oil well in Texas or Oklahoma, and pump the crude out and crack it myself. "So hold me mom In your long arms... Your petrochemical arms." "The mouse does not know life until it is in the mouth of the cat." Quote Share this post Link to post Share on other sites
AndyMan 7 #6 January 30, 2003 This is a bit of a misnomer. The US only buys about 10% of its supplies from arab countries. Yes, seriously. About 30% from Canada About 30% from Mexico about 20% from venezuela About 10% from the gulf region about 10% domesic and "other". What am I saying here? Am I saying it's all a big conspiracy? That whenever politicians talk about gulf gas they're feeding us horseshit? No. The world gas market is largely integrated. While the US doesn't buy a lot of Gulf gas, the world as a whole certainly does. Most of the Gulf gas ends up going to Europe. My point here, is that because the gas market is a world market, supply and demand being what it is means that even though gulf-gas doesn't actually end up in the US, the amount of oil coming out of the ground in that part of the world seriously impacts the prices Americans pay for gas - even gas that comes from other parts of the world. Generally it's a bad idea to pass on those long rambling emails that always seem to be going around. They're usually wrong. Life is never that simple. _Am__ You put the fun in "funnel" - craichead. Quote Share this post Link to post Share on other sites
billvon 3,120 #7 January 30, 2003 Ironically we recently doubled our import of Iraqi oil, to make up for shortfalls from the Venezuelan strike. Quote Share this post Link to post Share on other sites
jraf 0 #8 January 30, 2003 Bill any take on why the US does not buy Russian oil. I does have a high sulphur content, but that all can be managed. They need the cash and we could get a hell of a lot for purchasing there. It seems we purchase some alreadyjraf Me Jungleman! Me have large Babalui. Muff #3275 Quote Share this post Link to post Share on other sites
billvon 3,120 #9 January 30, 2003 >Bill any take on why the US does not buy Russian oil. Sweet crude is cheaper to refine. It generally all comes back to money. The Russian's oil isn't any cheaper than Iraq's - indeed, they are making deals to import oil from Iraq to Russia as we speak. Iraq's oil is a lot easier to refine though. Quote Share this post Link to post Share on other sites
BoobieCootie 0 #10 January 30, 2003 Quote Iraq's oil is a lot easier to refine though. Too bad Saddam's character and attitude isn'tBut let's not forget that we're not going into Iraq for the oil. We're going in because he's one stubborn SOB of a school yard bully who will not give up his dangerous toys. Quote Share this post Link to post Share on other sites
billvon 3,120 #11 January 30, 2003 >But let's not forget that we're not going into Iraq for the oil. We're > going in because he's one stubborn SOB of a school yard bully who > will not give up his dangerous toys. I certainly don't think it's the only reason we're going in, but only a fool would think that oil plays no role in the decision to go in. We are a country whose economy depends on cheap oil, and Iraq has the world's second largest reserves. Quote Share this post Link to post Share on other sites
