Glenn Vawter:
"Do you think the United States is exporting more petroleum than it imports? Nothing could be further from the truth.
Based upon recent press and TV reports, you would be led to believe it is true. Actually, the United States is importing 60 percent of the petroleum it consumes (about 11-million barrels every day), and has not been energy independent since the early 1970s.
What should have been reported is, “The U.S. recently began exporting more petroleum products than it imports.” The word “products” was left out of many of the reports.
What is the difference?..." (Read more? Click title. Comment to discuss)
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