Thread

1. anovikov · 1789502359 · focus · HN ↗

   But for the US, there's no question like that. It produces a lot lot more than it consumes anyway. There can't be a shortage.

   Yes US produces mostly light crude and production of refined products requires also inputs of heavy one, but it's not produced in the Middle East anyway, so current situation can't impact that, either.

   1. soperj · 1789502671 · focus · HN ↗

      Why would any producer in the US sell it locally if they could get more by shipping it?

      1. Aspos · 1789503202 · focus · HN ↗

         The real question then is how quickly export ban can be implemented?

         1. 361994752 · 1789504080 · focus · HN ↗

            Since oil companies will make good money from the price hike and exports, I guess they’ll lobby against an export ban?

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