US sells oil to UAE

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cassowary
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US sells oil to UAE

Post by cassowary » Thu Feb 08, 2018 12:58 am

Oil world turns upside down by US fracking.
Yet, in a trade that illustrates how the rise of the American shale industry is upending energy markets across the globe, the U.A.E. bought oil directly from the U.S. in December, according to data from the federal government. A tanker sailed from Houston and arrived in the Persian Gulf last month.
Deregulating the oil industry will bring prosperity and jobs to the US. It will enhance national security and deal a blow to that troublemaker, Putin. Iran too.

Trump is doing the right thing.

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Sertorio
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Joined: Fri Dec 16, 2016 3:12 am

Re: US sells oil to UAE

Post by Sertorio » Thu Feb 08, 2018 2:46 am

cassowary wrote:
Thu Feb 08, 2018 12:58 am
Oil world turns upside down by US fracking.
Yet, in a trade that illustrates how the rise of the American shale industry is upending energy markets across the globe, the U.A.E. bought oil directly from the U.S. in December, according to data from the federal government. A tanker sailed from Houston and arrived in the Persian Gulf last month.
Deregulating the oil industry will bring prosperity and jobs to the US. It will enhance national security and deal a blow to that troublemaker, Putin. Iran too.

Trump is doing the right thing.
You forgot to quote this:
“As a member of OPEC and a large crude producer, I would imagine they would be very self-sufficient in their own crude supply,” said Andy Lipow, president of Lipow Oil Associates LLC. The purchases of U.S. oil aren’t likely to continue, given the U.A.E.’s own supply, Lipow said.

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Milo
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Re: US sells oil to UAE

Post by Milo » Thu Feb 08, 2018 3:33 am

cassowary wrote:
Thu Feb 08, 2018 12:58 am
Oil world turns upside down by US fracking.
Yet, in a trade that illustrates how the rise of the American shale industry is upending energy markets across the globe, the U.A.E. bought oil directly from the U.S. in December, according to data from the federal government. A tanker sailed from Houston and arrived in the Persian Gulf last month.
Deregulating the oil industry will bring prosperity and jobs to the US. It will enhance national security and deal a blow to that troublemaker, Putin. Iran too.

Trump is doing the right thing.
"The end of a ban on U.S. exports in 2015 coupled with the explosive growth of shale production, has changed the flow of petroleum around the world."

Trump is such a great leader that he deregulated the oil industry over a year before he became president and created major new oil finds before that!

neverfail
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Re: US sells oil to UAE

Post by neverfail » Fri Feb 09, 2018 12:30 am

Milo wrote:
Thu Feb 08, 2018 3:33 am


"The end of a ban on U.S. exports in 2015 coupled with the explosive growth of shale production, has changed the flow of petroleum around the world."

Trump is such a great leader that he deregulated the oil industry over a year before he became president and created major new oil finds before that!

Yes, amazing isn't it Milo. He can even be credited as the driving force behind things that were achieved during Obama's incumbency. :lol:

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