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Aug 2

American Oil

Posted on Monday, August 2, 2010 in Collectibles

Why do U.S. oil refineries selling diesel for Europe? When our drivers need to carry things cheap?

The diesel is nearly $ 5 a gallon should not stimulate the supply of refineries in the U.S. to lower prices stop selling diesel for Europe? This will hurt Europe, but who cares they are used to high prices

Companies seeking to maximize profits. Oil refineries do not care who buys gasoline. All that matters is that they can not charge more money someone else. So if the Europeans the most advantageous, oil refineries sell to them first. Arguably refineries U.S. oil has the duty to America, but somehow, the maximization of profit than that. U.S. pension funds, retirees, and pension funds of teachers own shares in oil refineries, so when he makes money, the Americans.

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