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by mpyne
4746 days ago
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Canada and Mexico are encompassed by free trade agreements. I walked past a Canadian government poster right here in DC the other day gloating about being the #1 oil exporter to the U.S. I should hope that my overall point is not lost in the quibbling about whether invading Iraq for oil is the same as buying it from a willing seller next door. As for OPEC, it is true that the U.S. imports a lot of oil... it is also true that it exports a lot of refined petroleum products, as I had hinted at but didn't make fully clear. The actual U.S. usage for oil can be mostly made up by domestic (incl. regional) production, the excess refining capacity goes to support giving Europe and other nations high-quality gasoline and other products. |
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