GoodFuels
Domestic Energy Production
by Jackie Helling on Aug 28, 2008US to become gas exporter?
Kicking Tires, a blog for car aficionados, has posted about a rather interesting find from a study done by global management consulting firm Booz & Company.
Could the United States possibly become an energy exporter?
Kicking Tires suggests that with India’s population explosion, their need for gasoline is going to jump higher and higher, especially with more afforable vehicles coming on the market. At the same time, our demand for gasoline is decreasing due to higher costs across the board.
The result? America could be importing oil to sell gasoline to India. How’s that for a head-trip?
With all the shifts in energy needs and Americans strapped for cash, could this be possible in the next few years? Could a complete change in the way this country thinks about energy be far behind such a move? Put your thoughts in the comments.
UNBELIEVABLE!! YET ANOTHER REASON TO BE SUSPICIOUS OF THE GREEDY TOADS THAT RUN THE BIG OIL COMPANIES. THEY RAISE PRICES TO RECORD LEVELS TO LINE THEIR POCKETS AND WHEN THE COUNTRY REDUCES DEMAND A LITTLE, THEY START LOOKING ELSEWHERE FOR PLACES TO SELL. SHOULDN’T OUR RESERVES BE REPLENISHED AND INCREASED TO PLAN FOR THE FUTURE? FOR THE SINGLE LARGEST USER OF GAS IN THE WORLD TO THINK ABOUT EXPORTING JUST SMACKS OF ARTIFICIAL PRICE FIXING AND GOUGING. WILL THEY NEVER BE SATISFIED WITH THE OUTRAGEOUS PROFITS THEY MAKE?
Roger Cooper Says:
September 1st, 2008 at 5:01 amWhat next? I have a really hard time believing that the U.S. has cut demand for refined gasoline to the point where we are making more than we are using. We have been importing refined gasoline because we don’t produce enough for our own everyday use? Has demand dropped that much? You’ll have to show me the numbers before I buy into that theory!
If that is true, then I’m O.K. with creating products with U.S. labor on U.S. soil in order to produce U.S. exports that should help offset our balance of trade.
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ROBERT MATHENY Says:
August 29th, 2008 at 7:05 am