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4y
What they don't tell you about the oil to China is that the US congress approved 18 million barrels to be sold for exports. (I don't recall but I don't think it was specifically to China) It just said it was a prior arrangement or something of that nature. I was going to do a blog on it because it also explains that all that oil he's releasing we don't have the capacity to refine it. Of the oil that can be refined it's going to the highest bidder on it....how's that for bringing down the cost of gas working out for ya! lol
RE: The Last Barrel Standing, Part 2: The Catalytic State