Posted by John in La on August 06, 2014 at 18:55:57 from (96.33.136.54):
Having refineries that work best with heavy crude oil; And a boom in American drilling because of new techniques for tapping oil from shale that produces a ultralight oil. = a glut of oil in the U.S. market = lower oil prices
What is a CEO to do????????
One back door way to handle it is to hire a few lawyers; meet in a smoky room and give a private presentation to the Commerce Department so you can argue why you think the ban on exporting oil from the U.S. does not apply to you.
Then once you get your private approval that weren't coordinated with other parts of the administration; you sell your oil to South Korea.
And you thought gasoline prices were high today.... Just wait.....
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Today's Featured Article - Tractor Profile: Case VA Series - by Staff. V, VC, VI and VO). Althouh the Case VA looked much like the V, it shared no major components with its predecessor. Except for military units, the production of the Case VA was interrupted in July of 1942 due to World War II. It resumed again in 1944 and continued until 1953. It started up briefly later on in 1953 and continued on a very limited basis until 1956. The VA Series included the following models: VA: Fixed front wheel tread VAC:
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