“Job-Killing Regulations” at EPA Made US a Net Fuel Exporter
January 4th, 2012 | by Susan Kraemer
Jordan Weissmann at the Atlantic has a fascinating piece on just how it is that the gas-guzzling US has just become a net fuel exporter, even though our oil production peaked in the 1960s. As you have probably read, the US has just become a net fuel exporter - with refined products, such as diesel, gasoline, and jet fuel made from crude oil now our #1 export. Of course we still import 9 million barrels of crude a day from the oil producing countries, but our domestic gas use is down at a seven year low. More efficient vehicles, lack of jobs to commute to, baby boomers retiring, and new drivers being more carbon-conscious accounts for the reduction. But Weissmann digs a little deeper
