Posted by DaninKansas on August 07, 2014 at 08:06:53 from (24.248.193.103):
In Reply to: Price of gasoline posted by John in La on August 06, 2014 at 18:55:57:
The US used to be the number oil exporting nation in the world - that's part of what caused the Pacific War.
Where did you hear the US had a "GLUT" of oil? It was only recently that US imports dropped. The country is still importing 7,500,000 barrels a week while only exporting 295,000. With numbers like that the "GLUT" would dissappear in a week or two by simply lowering imports.
What you should be wondering is how the world market price for oil is still above $90 a barrel now that the number one importer has cut its imports in half.
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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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