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Re: how much does gas have to be
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Posted by Eric SEI on May 30, 2007 at 13:57:06 from (74.215.33.196):
In Reply to: Re: how much does gas have to be posted by farmallkid1958 on May 30, 2007 at 04:35:13:
The reason they sell Alaskan oil to Japan is it is cheaper to ship oil from Venezuela to the US east coast than it is to ship it from Alaska. Japan is closer to Alaska than most of the lower 48 are, so the shipping charges from Alaska to Japan are cheaper. It actually is cheaper (because of shipping charges) for us to sell Alaskan oil to Japan and use that money to buy oil from Venezuela.
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