Re: Urban Legends about energy

richard wrote:While the USA produces about the same quantity, much of it is
shipped off to foreign countries like Japan. Alaska itself produces a major
chunk and it is consigned to Japan and other countries. Yet we bitch and
moan about domestic prices being high while our own country could cut those
prices in half if they really wanted to.<<<<<<<<<<<

There is a good reason we sell oil to Japan.......shipping costs.
Think about it.
From Alaska to our Southern states is 4000+ miles.
From Alaska to Japan is 2000 miles.
So we ship our oil to Japan and buy oil from Mexico which only needs to be
shipped a few hundred miles.
Because oil is priced on the world market the price of oil in Alaska, Japan,
Mexico and the U.S. is the same.
--
JerryD(upstateNY)


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