When the northslope of Alaska opened for oil drilling the US govt. passed a mandate that all the oil companies drilling there had to be US companies and that all the oil must go to US markets.
British Pretrolium bought sevral of these US oil companies (Arco and Ammoco) and now pumps US oil and sells it to foriegners like China. The US congress changed laws to make this possible.
So if you live in the Pacific Northwest and wonder why your oil prices are so high, the Chinese are enjoying the oil that used to go to you. Meanwhile, Wyoming oil goes up because it has a bigger market because the Alaskan oil is no longer fueling the US west coast and has to make up for it.
Can anyone tell me why we still can't buy Cuban cigars? We sell our oil reserves to the Chinese communist but for some reason, Cuban tobbacco is bad for our national security.
Bin Ladden loves the Bush Administration and the Republican Congress.
British Pretrolium bought sevral of these US oil companies (Arco and Ammoco) and now pumps US oil and sells it to foriegners like China. The US congress changed laws to make this possible.
So if you live in the Pacific Northwest and wonder why your oil prices are so high, the Chinese are enjoying the oil that used to go to you. Meanwhile, Wyoming oil goes up because it has a bigger market because the Alaskan oil is no longer fueling the US west coast and has to make up for it.
Can anyone tell me why we still can't buy Cuban cigars? We sell our oil reserves to the Chinese communist but for some reason, Cuban tobbacco is bad for our national security.
Bin Ladden loves the Bush Administration and the Republican Congress.
Comment