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Erich Bloodaxe BSN

(14,733 posts)
Thu Aug 13, 2015, 07:27 AM Aug 2015

"lifttheexportban.com" commercials showing up on TV from 'DEPA'.

DEPA (The Domestic Energy Producers Alliance) is releasing ads on tv to get the public to harass Congress to 'Lift the ban' on exporting domestic crude oil, proclaiming that it leaves us at the mercy of countries that hate us, that they control our energy (gas) prices.

They point out that

28% of US refining capacity is foreign-owned, and nearly all of it is configured for their heavy sour crude. America's light sweet crude oil has NO PLACE TO GO.


and note that refiners are making enormous profits at US expense. Their solution? Allow them to sell American crude oil elsewhere, so they can keep more of that profit for producers, and shift the rest to 100% foreign owned refiners.

A better solution? Government-owned and run refiners, so that if anyone is making that profit, it's 100% Americans, and helps reduce our deficits. American natural resource exploitation, if it's going to exist, should serve the American people, not merely the Shells and Exxons and BPs.
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