Tuesday, December 22, 2009

What percentage of the oil from the Alaska Pipeline goes to the US for consumption?

I've been told the the majority of the oil from the pipeline goes to east Asia.What percentage of the oil from the Alaska Pipeline goes to the US for consumption?
What is so crude (pardon the pun) is that oil and big business are manipulating and controlling the people of the world.





Our Alaskan oil is bound to West Coast refineries -- West Coast refineries are presently glutted with oil, they cannot store anymore -- consumption is down in the West and people do not want to pay such high prices for oil produced on their own soil.





The law dictates Alaskan oil will be for US consumption - however it does not stipulate at WHAT PRICE. There's the rub. If Americans refuse to buy it - then it is sold to the highest bidder!





So, where does Alaskan oil head? Our ';world market'; oil goes where it's designated purchaser determines -- probably SE Asia or some other pacific rim nation at the moment -- and that will include anything that might possibly come from ANWR too. Americans WILL NOT reap from it!!





- 86 to 87 million barrels of oil produced daily world-wide.


- 85 million barrels of oil consumed daily world-wide.


- Such a tight supply in an unstable world drives up speculators' prices -- for one hit to the supply could cause havoc.





We don't like what's going on and the prices we all endure -- and receive only 15% of the production. We're idiots just standing by and watching it happen while Big Oil is playing us for all its worth.What percentage of the oil from the Alaska Pipeline goes to the US for consumption?
I really wish only people who know the correct answer would post in this forum. I live in Alaska - long time.





By US Congressional law - ALL Alaskan oil can only be sold to the USA. Oil from Alaska travels down the pipeline to Valdez where 100% of it is shipped to either Seattle or Los Angeles. That is why when you hear talk of the price of Alaskan crude - it is quoted 'for delivery to Los Angeles';





This is your answer.
I really wish people that live in Alaska would know more about the oil in their own back yard.





The BP oil is pumped through the BP pipe and loaded on BP tankers and shipped to the highest bidder.





The US Government does not buy Alaskan Crude. Actually the US buys it's oil from Halliburton.
Correct, mostly to Japan.
Hummmmm, Interesting!
0%. Sick, huh?

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