Below info is about half way down this web page: http://www.tradingmarkets.com/.site/...0News/1314227/
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Today, however, observers say exports to Europe and to countries with expanding economies are major price factors. Tom Kloza, chief oil analyst with the Oil Price Information Service, said the U.S. in recent months has been exporting between 300,000 and 500,000 barrels of diesel fuel a day to Europe, where most vehicles are diesel-powered. In exchange, European nations have been sending about 1 million barrels a day of surplus gasoline. And more diesel is being shipped to nations with expanding economies, he added.

 

So basically we are hurting our own economy.

 

Well that's F'ed up.[>:]

 

 

yes guys it is f'd up but the people who control the export and import of oil and diesel and such dont care about the common person or company. they are thinking of themselves and their wallet and who else will pad it even more. they work make their million or so and then move on. that is why we are allowing the chinese and all these other countries in to our country and we are allowing them to buy up our country business and all even our land pretty soon if we dont shape up we wont be the usa any more but some other country because they will own so much or we will owe them so much we wont have any say. and from what i see more people dont give a crap how or who is buying up everything . and no i dont think it is a supply problem but where the demand is and what they are willing to pay to get the fuel. that is why other countries are stockpiling all the fuel and oil lately. it is scary where we are headed in this country of ours we all need to change

 

There was just a big hoopla in the local papers about our big bio-diesel refiners (which was partily funded by state tax dollars) because almost 80% of their product is being sold to Europe. Their reasoning was that the Europeans pay more for it so they can sell it for a cheaper rate here. [:'(][:'(][:'(]

 

yeah local soy-oil board member here said most of the soy oil is being exported to china and europe seeing as they are paying more and the cost to produce is high due to high soybean prices also driving that up last spring i bought some soy oil for 1.25 a gallon and i checked the other day and through the same company it is over 5.00 a gallon now due to the demand through export and the bean cost

 

What I like to read in the local paper is the price of Soy oil, it sells for around $0.556 per pound @ 60,000 Lb and not by the gallon.

 

I wonder when America is going to worry about American???

I get sick and tired of seeing this post, new articles, and such where America is so worried about foreign trade and dow jones markets etc... We got to start producing for ourselves!!!

 

It's all about the money