U.S. Oil Exports Seen Continuing To Soar: The U.S. oil export boom will keep chugging along in the coming months, analysts said, one day after the government reported record shipments of American crude. Oil exports rose to an all-time high 1.98 million barrels a day, surpassing the previous record of nearly 1.5 million barrels that was hit during the previous week. At that level, the United States is shipping out more oil than what OPEC countries like Venezuela and Nigeria produce. Fueling the boom is the widening gap in the price of a barrel of U.S. West Texas Intermediate crude and Brent, the international benchmark.
							
						
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 It's a smart move. Sell it all now while it's still worth something. Oil industry is turning into the coal in front of are eyes. Will always be a industry but the demand will be the same as the coal industry right now.Originally posted by tweety View PostShort term gain. One day the idiots will be buying it all back at 1000 times the price. Huge long term loss.
 
 
 Iceman Out
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 Trump is doing what ever it takes for the USA economy. He doesn’t sell oil, it’s the producers, refiners etc.do policy drives business opportunity and jobs ( for those who want to work)
 
 He will never kill renewable fuel standards, it’s on every of the best economic engines in the usa, rural, grass roots dollar- multiplier effect. And if he did, civil war.
 
 So again Trudeau divides canada, spends with no economic benefit or return on investment, taxes business innovation and opportunity forcing those to leave or nest elsewhere
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 Not gonna happen fjlip....at least under trump. I would be looking for more protective policy from trump going forward limiting imports of veg oil into the US.Originally posted by fjlip View PostDoes this apply to us? More grain every year, sell now before price drops.
 IF US reduces/cancels Renewable fuel Standards, corn surplus massive= no price?
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