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US is now producing more oil than any country in history
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Yet most of it's being shipped out of the country
Because the oil industry refuses to upgrade their refineries to process sweet crude.
Freaking changed what the US pumped from sour to sweet in the early 2000s.
So we ship it to the eu and import sour.
It's almost like the companies that use our country to make profit are doing nothing to help benefit it.
From a strategic standpoint, it doesn't make sense to ship limited natural resources out of our country when the only other large suppliers are borderline our enemies but then again, those companies aren't loyal to america and don't care if we do poorly on the world stage in a time of war they sell to both sides.
In the 72 us business made a major shift to not caring about the country.
If you look at GEs earnings calls from the 50s it gives it's priorities as.
Employees Country Management Shareholders.
Jack Welsh takes over in 72 and said I don't care about country and employees. The rest of the countries business follows them.
That's why we had major off shoring and he even started laying off 10% of ge every year to keep wages down.
Hell we have footage of Hurst, not known to be a super nice business guy, imploring people to support the country.
This is the result of spoiled brats taking the country for granted because the forgot the lessons for WWII.....that we are all in this together. The boat sinks us all.
Don’t get high on your own product