Comment by stevenwoo

4 days ago

Most of the USA's refineries specialize in low grade oil. The best grade oil is often shipped out of the USA for refining. Shipping costs are so low on a grand scale that it's more profitable to ship the USA's high quality oil overseas than building new refineries in the USA just for that: https://www.marketplace.org/story/2024/05/13/the-u-s-exports...

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