Buy American oil

NASA

NASA

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I thought it might be interesting for you to know which oil companies are using domestic oil and which major companies import their oil from Middle Eastern Arabic nations.

These companies do import Middle Eastern oil:
Shell.................. 205,742,000 barrels
Chevron/Texaco......... 144,332,000 barrels
Exxon /Mobil........... 130,082,000 barrels
Marathon/Speedway...... 117,740,000 barrels
Amoco....................62,231,000 barrels
If you do the math at $30/barrel, these imports amount to over $18 BILLION! (oil is now $60 a barrel)

Here are some large companies that do not import Middle Eastern oil:

Citgo...............0 barrels
Sunoco..............0 barrels
Conoco..............0 barrels
Sinclair............0 barrels
BP/Phillips.........0 barrels
Hess................0 barrels
ARC0................0 barrels

All of this information is available from the Department of Energy as each is required to state where they get their oil and how much
they are importing.

So, spend you gasoline dollars at home, or send them to the Islamic nations?
 
Now thats an eye opener! Thanks NASA, I buy all my gas from Conoco, have for years but never knew this. Nice going.
 
Quote:
Now thats an eye opener! Thanks NASA, I buy all my gas from Conoco, have for years but never knew this. Nice going.



You need to be looking into how Conoco/Phillips treats their gun owning employees. How does searches of cars in the employee parking lot and firing of employees who choose to carry a firearm in their personal private vehicle.

Other than that I like the list. Do they also have a list of companies who send American oil out of the country to be refined? I'm just curious. I'd like to see the envirowhacko's shut down and have refineries built on bases shut down by the BRAC. Maybe we could build a nuclear power plant right next to the refinery???

OK, I'll stop ranting... Cheers!
 
I do not buy Conoco, as stated above, they target employees.
They went under the disguise of a drug search. They asked the employees permission to search their cars for drugs. If the employees denied permission, they were fired. It seems there was a area of the employees handbook that said no guns on property. Under the guise of looking for drugs they found guns, shotguns, rifles, etc. Since it was the day before opening season thre were plenty of guns packed away. These employees were fired on the spot.

Is this the kinda company you want to do business with?
 
Boy, now I'm between a rock and a hard place. All we have for gas stations here is Conoco and Town Pump. I refuse to do business with TP because they sell porn.
 
I've worked on Military Bases, nuclear power plants and dozens of "blue chip" aerospace companies. Every one of them had a "no drugs, no alcohol, no firearms, no cameras" policy. Only the bases and nuke plants did daily searches of every vehicle coming on site. And that includes back 20 years ago.

I'm in CO which allows a weapon to be carried in your vehicle for protection. I also have a CCW that allows me to carry it on my person when I leave the vehicle. But, my employers policy states I cannot have it in my vehicle when on Company property. Penalty is instant termination. I can follow the rules and live with that.
 
Hey guys, just FYI, those figures are distorted. I can not give you the real figures, but I can say that BP owns AMOCO, Shell owns Texaco, and that Conoco owns Phillips.

Now I can't say for sure that Phillips uses middle eastern oil, but they sure load a lot of tankers from their Kuwait port. Also, BP sure gets a lot of oil from Yemen, and my globe says that is in the middle east. Sunoco gets most of their oil from Venezula, as does Conoco.

Here is the kicker guys, we have a Conoco refinery 1 hour north of us, and it supplies Citgo, Sinclair, Shell/Texaco, and Conoco/Phillips. We have a Sunoco refinery 1 hour east of us, and it supplies a large number of Citgo, Conoco/Phillips and Shell/Texaco stations. Just because it comes out of the nozzle at the pump doesn't mean it was refined by that specific stations refinery.

Take it from a guy who's dad worked in the oilfield and natural gas industry all of his life, and also I worked in a service station through high school and saw the trucks at the refinery.
 
ok Guys these are the actual numbers, I did a lot of work finding this stuff out and this came from the energy commission. I do have a formatted (easier reading ) if you are interested. These figures are 1 = a thousand barrels.

Company Name Company Total Persian Gulf % Persian Gulf
VALERO MKTG & SUPPLY CO 322,393 126,838 39%
EXXONMOBIL CO USA 292,516 130,906 45%
CHEVRON CORP 280,661 111,266 40%
SUNOCO INC 261,586 0 %0
PHILLIPS 66 CO 251,664 26,675 11%
MOTIVA ENTERPRISES LLC 226,531 182,271 80%
EXXONMOBIL OIL CORP 204,806 16,506 8%
BP PRODTS N AMER INC 201,439 44,990 22%
MARATHON ASHLAND PETRO LLC 189,550 88,905 47%
CITGO PETRO CORP 146,328 5,976 4%
FLINT HILLS RESOURCES LP 142,778 12,285 9%
SHELL OIL CO 114,564 0 %0
PREMCOR REFG GROUP INC THE 99,480 20,904 21%
LYONDELL CITGO REFG LP 97,443 1,400 1%
PHILLIPS PETRO CO 92,644 14,850 16%
CONOCO INC 91,499 2,306 3%
SHELL US TRADG CO 59,175 1,772 3%
BP WEST COAST PRODTS LLC 58,535 38,523 66%
ATOFINA PETROCHEMICALS INC 56,440 23,026 41%
PORT ARTHUR COKER CO 55,586 0 %0
PDV MIDWEST REFG LLC 50,641 0 %0
TESORO PETRO CORP 42,016 2,432 6%
MURPHY OIL USA INC 38,780 978 3%
CHALMETTE REFG LLC 37,091 0 %0
CITGO ASPH REFG CO 29,439 0 %0
UNITED REFG CO 22,973 0 %0
TESORO HAWAII CORP 22,626 3,433 15%
ASTRA OIL CO INC 21,571 0 %0
SHELL CHEM LP 20,256 0 %0
GIANT YORKTOWN INC 17,991 0 %0
CHS INC 17,243 0 %0
SINCLAIR OIL CORP 13,677 0 %0
TOTAL PETROCHEM USA INC 11,577 4,251 37%
HUNT CRUDE OIL SUPPLY CO 10,941 5,422 50%
FRONTIER OIL & REFG 9,434 0 %0
LION OIL CO 0 8,718 100%
KOCH SUPPLY & TRDG CO 7,558 1,925 25%
ERGON REFG INC 6,555 0 %0
TRIGEANT LTD 6,013 0 %0
SUNCOR ENERGY (USA) INC 5,100 0 %0
ATLANTIC TRDG & MKTG INC 4,807 0 %0
CROWN CENTRAL PETRO CORP 4,704 0 %0
VITOL S A INC 3,231 0 %0
EDGINGTON OIL CO INC 2,310 0 %0
SHELL OIL PRODTS US 2,304 0 %0
MONTANA REFG CO 2,221 0 %0
NCRA 2,175 0 %0
FLYING J PETRO INC 2,103 0 %0
STATOIL MKTG & TRDG (US) INC 1,373 0 %0
EQUISTAR CHEMICALS LP 1,039 0 %0
SEMPRA ENERGY TRADING CORP 513 0 %0
WESTPORT PETRO INC 477 0 %0
GLENCORE LTD 370 0 %0
EL PASO MERCHANT 278 0 %0
PARAMOUNT PETRO CORP 214 0 %0
US OIL & REFG CO 121 0 %0




Persian Gulf includes = Bahrain, Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates
 
The spot price of oil is determined by how much the Arabs release and what the futures traders bid. As in Period, end of discussion!

It doesn't matter where the oil comes from, within a minute the price will be within pennies of the spot price. Oil is probably the most readily traded on the world market of any commodity.

Anybody can bet in this game. You think the price will go up, you buy futures. You think the price will go down, you sell futures short.

It is an equal opportunity thing, place your bets on either side.

Jack
 
I will buy from whoever gives me the best price. If we cannot get our own oil cheaper than the oil we import then I will not buy it. I am not going to pay more for my gas to line someone elses pocket just because they are american. If they cared about the other americans they would get it to us cheaper.
 
Its a good thought, but where DO the people that dont buy Arabian oil get theirs?

I would say not to buy oil from Citgo as they are owned/controlled by Venezuela and Hugo Chavez. He's only a little less of a moron than Saddam was.
 
Kuwait is concerned about the high oil prices, all it takes is a quick down-turn and a lot of people will loose a lot of money very quickly. Much like the dot com boom and bust a few years ago. Of course high oil prices also means a greater interest in alternative fuels, which does not bode well for the future of the middle east. So it is actually in the best interests of oil producers to have a lower price. Low enough to keep interest in oil up, and high enough to maintain profits. And of course the Kuwaiti citizens are equally concerned as they get dispursment checks from the government for being a citizen of Kuwaiti bloodline, which I understand is upwards of $80,000 a year.

The oil market has always had these incredibly high peaks. Once the market finds equilibrium, prices will go down. Unfortuanately it takes time.
 
It is. All the companies buy from a variety of sources. It's possible that the orginal numbers were even accurate, but they change constantly. This has gone around for years, people have looked into it, and the bottom line is that there simply is no way to be certain that the refined gas coming out of the pump does or does not come from oil bought from any given source.
 
One thing you have to consider is the economics of delivery of crude to the refinery. Most of the oil coming off the AK pipeline goes to Japan. The same companies that sell it to japan turn around and buy venezuelan or middle eastern oil with those dollars. It just makes more sense than to transport oil to refineries in the gulf coast states (what's left of them) than to haul it around the tip of south america and back to the Gulf (those tankers won't fit through the panama canal).

We can talk all we want about the evil arab oil sheiks, but when it comes down to it the oil companies are delivering the oil that we demand in the most economic way they can.

If you don't like oil profits then don't buy any! Pretty hard to do though. Or, buy oil company stock and participate in the profits. At least that way you get something back.

I hate to sound preachy and don't like to sound like I'm talking down to anybody, but there is rarely a cut and dried black and white issue in world economics.
 
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