Exxon Sees North America Exporting 15% Gas, 5% Oil by 2040

Apr 1, 2013 Full story: www.bloomberg.com 7

Exxon Mobil Corp. , the largest U.S. oil company, said North America may be able to export 15 percent of its natural gas output and 5 percent of oil by 2040 as the region's production surges and demand stalls.

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“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#2 Apr 1, 2013
And yet they'll continue to jack the prices up at the pumps because supposedly we don't have enough oil in America to meet the demand.

Oooops. Kinda admitted your whole supply & demand excuse for high gas prices is a load of crap!

That's why they want the Keystone pipeline built; to export more to Asian markets where they can charge more. Then they'll use that as an excuse to jack up the prices at the pump here at home too!

All while making 100's of BILLIONS in profits every year AND getting BILLIONS in taypayer welfare each year.

What a scam!

Since: Dec 07

Athens, TX

#3 Apr 1, 2013
WeTheSheeple wrote:
And yet they'll continue to jack the prices up at the pumps because supposedly we don't have enough oil in America to meet the demand.
Oooops. Kinda admitted your whole supply & demand excuse for high gas prices is a load of crap!
That's why they want the Keystone pipeline built; to export more to Asian markets where they can charge more. Then they'll use that as an excuse to jack up the prices at the pump here at home too!
All while making 100's of BILLIONS in profits every year AND getting BILLIONS in taypayer welfare each year.
What a scam!
The only exports are to those countries that we receive oil FROM....who don't have refineries, jughead. Try to keep up..

The oil companies don't get taxpayer welfare, bozo. They get deductions for exploration, employee's which number in the hundreds of thousands,(something nobama doesn't know anything about), construction of new wells and drilling, etc. It's just like you lefties saying a farmer is worth 3 million yet 2.5 of his worth is in harvesters, planters, employee's etc.

The socialist school of economics........Dr. Suess!

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#4 Apr 1, 2013
Bluebonnets-Thistle wrote:
<quoted text>
The only exports are to those countries that we receive oil FROM....who don't have refineries, jughead. Try to keep up..
The oil companies don't get taxpayer welfare, bozo. They get deductions for exploration, employee's which number in the hundreds of thousands,(something nobama doesn't know anything about), construction of new wells and drilling, etc. It's just like you lefties saying a farmer is worth 3 million yet 2.5 of his worth is in harvesters, planters, employee's etc.
The socialist school of economics........Dr. Suess!
Really? We receive oil from Japan? Who knew.....

Spin it however you want, but companies that make 100's of billions in profits while getting tax breaks at taxpayer expense IS WELFARE.

If our gas prices are near $4 because of supply & demand, then wouldn't keeping more gas here in America lower the price of gas?

Stutter......backpedal......aa aaaah.......oooops......

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#5 Apr 1, 2013
WeTheSheeple wrote:
And yet they'll continue to jack the prices up at the pumps because supposedly we don't have enough oil in America to meet the demand.
Oooops. Kinda admitted your whole supply & demand excuse for high gas prices is a load of crap!
That's why they want the Keystone pipeline built; to export more to Asian markets where they can charge more. Then they'll use that as an excuse to jack up the prices at the pump here at home too!
All while making 100's of BILLIONS in profits every year AND getting BILLIONS in taypayer welfare each year.
What a scam!
I keep repeatng:
We need an export tariff on all petroleum product, and the proceeds must be used exclusively to pay back, buy back the NATIONAL DEBT.

“Obama Shames the USA”

Since: Apr 09

Location hidden

#6 Apr 1, 2013
Mr_Bill wrote:
<quoted text>
I keep repeatng:
We need an export tariff on all petroleum product, and the proceeds must be used exclusively to pay back, buy back the NATIONAL DEBT.
You should just shut up because you are a global warming idiot. CALLING AL GORE

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#7 Apr 2, 2013
And we'll get more oil spills like the one in Arkansas, with oil literally running down the streets of a residential area.

Oh yeah, no danger from more pipelines whatsoever....

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#8 Apr 2, 2013
Ninthman wrote:
<quoted text>You should just shut up because you are a global warming idiot. CALLING AL GORE
I am not a shill for rich petroleum companies, as you are.

You can keep your head in a hole in the sand as long as you wish; but your 'no global warming' superstition is a corporate-sponsored devil-tale.

And give up on getting attention from Al Gore. He has no interest in corporate scum like you.

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