seemed to me
his story here one of the
oil industry officials
has threatened the president of the united states politically the the
president
the president
yep the president of the american petroleum institute jack girard
said that if obama didn't approve the excel sheet play excel pipeline quickly
he would face quote
political
consequences
we have reached the point this country where the were an industry is
threatening a sitting president
you know where to take you are politically tell me citizens united
hasn't gone steroids and gone insane
but there's a larger issue here too and that is in the excel pipeline deal well
thing i this is i i read the story uh... recently the suggested that the united
states has become here we are uh... he says he'll press for the first time the
top export of the united states the world's biggest gas guzzlers way is wait
for it
we
delay we export with a lot of wood products we export out you know we're br
basically third world nation that we don't exports may finish goods release
we export a lot of raw materials
allotted you know my name products and cold things like that
now are number one export
is gas and diesel fuel refining their
oil
and question number one import as well so what is going on tyler slocum is the
director the uh... director public citizen's energy program
an expert on this stuff
and a citizen dot org course the website teller welcome to the program brigadier
great to have you with us first of all in my setup for all this way it was
basically whatever the guy said accurate
cap absolutely
uh... basically what's going on here
the that uh... since two thousand eight in economic co-op
domestic demand for gasoline has been pretty anemic
i've been pretty flat at the same time oil production here in united state
has been at record highs we're producing of more or don't today
under the a-bomb ministration though we did at any point during the bush
administration is that because of increased offshore drilling or because
of frackie
learnt accommodation of all it finding your daughter or and and a lot of uh...
unconventional oil and sustained high prices for crude
it would be that big the third-largest crude oil producing nation the world
only the saudis
and the russians produce more than we do
note to the combination of record high
ordeal production
with which
flat domestic gasoline compunction
has led many refiners
to uh... look to export were foreign products
and they do that to help boost refining profit
xo if gasoline demand is really flat here in united state
uh... and you're only selling in the united state
i'm not gonna make a lot of money and the price you go down
guess what's the price of gas right now on average early headstart you know i
haven't looked at it around three fifty or so and so-and-so pretty high
myself you know i have three fifty gallon on average in the united states
right now in normal
more or less in and and she's you know the the laws of supply and demand
actually worked
and if you would think at least within a domestic marketplace
you would think that if there is an excess supply and diminished demand that
the price would drop
and the price hasn't dropped i'm curious when these refiners export that gasoline
i'm guessing they're not getting three fifty gallon fort
right there they're selling into pretty competitive global marketplace and so
uh... by doing so they're able to
crop up
domestic gasoline prices here in united state price who is so they're doing this
not to increase their profits true
export
animated maybe exporting it cost or at a small profit
by exporting it they're keeping it off the u_s_ market dusk maintain high
levels of or low levels supply relative to the men so they can maintain high
prices absolutely and what's really interesting is that
we're prepared already late and that make it very difficult
to export crude oil that's produced here in the united state you have to get and
export license from the u_s_ department of commerce and it difficult to obtain
right there are no such regulations on exporting refined
product like gasoline and diesel
so and if you look at the details in a lot of people come up with keystone
pipeline that would take canadian part and crude oil from alberta canada and
bring it down denied state who were already processing
about a million barrels of canadian tart and royal everyday
in the midwest
almost all of that is refined in ohio illinois indiana whenever you know i
think bring in my truck
no no no no to the pipeline that already served
that all really with the keystone pipeline does
depicted and be predicting pipeline system
to dave broder you will alway from the midwestern refineries
and bring it down to the gulf coast refineries were where exporting ninety
percent of all the fuel exports parker in the gulf coast refineries section the
keystone pipeline is really about
boosting the profit of domestic refiners
adding to this already record export gasoline market work it's about
importing canadian crude export the gasoline that we process and what
companies own most of the refining
industry in
uh... into content in the gulf coast into hospital act on mobile it shall it
uh... chevron texaco it's gonna go fill applicable arrow it's all the big major
throw it out brothers uh... they're not about major refinery actually on sunday
they own some pipelines
but the refining businesses really dominated by the big majors ok and and
uh... you know now with the american petroleum institute
launching this new campaign unit saying we need the keystone pipeline we need to
drill for more boylan united states because apparently being the third
largest producer of crude oil isn't enough
uh... and they're talking about refining more here it's all about
boosting the profits of these big oil companies tutoring denied state into
even a bigger export market and is my
recollection is correct that list that you gave of oil companies at least half
of those companies are not an american companies right amended your big
multinational but even four company
like act on mobile
if the multinationals are a company that had to petco written at the state but
they do business heated debate will pledge allegiance to unite the tape
everyday they pledge allegiance to wherever they can make the most money
but less i put a multinational dot yeah and and and finally seller it's here we
are
are importing crude oil
exporting refinement loyal
to transforming crude oil into gasoline diesel fuel that we can then export to
uh... presumably what mexico
is that i actually picked us south america it that europe
uh... and some parts of asia amazed but but top america's settling a big
destination ok so so in that in the process of transforming their crude oil
into these refine oil products gasoline things that we're exporting to too
south and central america and
and to uh... into europe
were isn't there
produced enormous amount of toxic material the test poured into the air
and water that causes
cancer downstream i i've heard these cancer ali's right cancer alley is
it applecare proudly extends from the taxes goal for finding post into
louisiana
and that's because that's where
uh... the balk of u_s_ refineries are located
it's a dirty messy business okay so see you and i are dry tax dollars firstly
through medicare
were payment because those that those cancer alley areas are typically
minority and poor absolutely we are paying for the health care costs
associate with this refining business the oil companies have been a penny
lacoste and we're also for all the imported oil
this coming in this country being refined and then shipped to mexico we're
paying for the military the protection of shipping lines and the oil companies
not paid a penny of that i have that right idea absolutely as incredible as
hammer work we're not getting uh... our money's worth on this it would
make a lot more sense
to figure out how we can give
american families more cool
to help them avoid feet high gas prices and and uh... given cleaner alternatives
gap likely floods let's build out a solar infrastructure and answer getting
electric cars going for example a mass transportation absolutely s transit
tellers slocum with the uh... there was no accepted the director of public
citizens energy program you can read about it this isn'ta bank teller
firefighter darkside sunset great talking to us