For those of us who do not understand what this means… what does this mean? The part about the tankers coming over empty, not the man coming up empty.
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There's only so much oil available in the United States. If we export more, there will be less available for domestic markets. A small change in supply can result in a big change in price.
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We export oil all the time. Empty tankers are business as usual. Not sure why this is a big deal. The only effect of exporting more is higher prices here.
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There are normally about 20 tankers heading to the US for this. Nearly 100 is a lot. This will take the US supply and put it towards demand in Asia and elsewhere. This means if US consumers want gas, they will be competing with people in true shortages. Reduce shortage there by creating in the us.
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It means markets are global, same as last week
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