Foreigners Are Buying America’s Gasoline

Written by Gary North on December 7, 2011

This is hard to believe. Gasoline producers find it more profitable to sell gasoline and diesel to foreigners than to Americans. They are exporting it. Foreigners are bidding higher prices. In short, foreigners are in a stronger position to buy what refineries produce than Americans are. This is discussed as though this is excess gasoline […]

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