Dylan-Baddour OP t1_iwoa2w1 wrote
Reply to comment by Equivalent-Ice-7274 in 4 giant offshore terminals proposed in Texas would increase US oil export capacity by 6.5 million bpd. This July US oil exports hit their record monthly high: 3.8 million bpd by Dylan-Baddour
Prices at home are high, in large part, because the US is exporting oil now. (US export ban was only liften in Dec 2015.)
tickleMyBigPoop t1_iwp40yw wrote
Lol that has nothing to do it with. Especially seeing as US shale isn’t profitable at low price points
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