Shell, Chevron, Texaco, Exxon/Mobil, Marathon/Speedway, and Amoco: all these companies import foreign oil.
CITGO no is no longer an American Company.
"In September, 1986, Southland sold a 50 percent interest in CITGO to Petróleos de Venezuela, S.A., (PDVSA), the national oil company of the Bolivarian Republic of Venezuela.
PDVSA acquired the remaining half of CITGO in January, 1990 and the company is owned by PDV America, Inc, an indirect, wholly owned subsidiary.
With a secure and ample supply of crude oil, CITGO quickly became a major force in the energy arena".
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The biggest supplier of OIL to the US is Canada. Most of the gasoline is from our own country, as we refine the oil we import. So don't go blaming the Arabs for high gasoline prices!
Because Australian crude is not suitable for some of the products that come from crude oil.
No, oil is oil and gasoline is gasoline, although gasoline is refined from crude oil.
By allowing oil companies to drill for oil the President with the consent of congress can increase the supply of oil, thereby decreasing the price of oil and gasoline.
On March 18, 1938, Mexican President Lazaro Cardenas claimed ownership of all foreign oil companies in the country. He then created Petroleos Mexicanos to exclusively control all aspect of the oil's production.
The oil companies refine about 19.6 gallons of gasoline from each 42-gallon barrel of crude oil.
Sheetz, Inc. is not in the business of buying or refining crude oil from any country. Furthermore, we do not import gasoline but instead buy it on a domestic basis (already imported). Therefore, we do not know or control where the crude oil or gasoline comes from. We buy gasoline (a product made from crude oil), for example, indirectly via the New York Mercantile Exchange (Nymex). We are then supplied with the actual gasoline product by three main U.S. refineries who are in the business of purchasing and refining crude oil. The U.S. imports about 60% of its crude oil requirements. Currently, the leading supplier of crude oil to the U.S. is Canada, followed by Saudi Arabia, Venezuela, Mexico and the United Kingdom. However, because crude oil is transported to the U.S. from so many places and immediately "mixed" in tanks and petroleum pipelines for transportation to the refineries, it is impossible to determine exactly "where" the oil came from. Likewise, in most areas of the U.S. gasoline from different refiners is mixed together for transportation by a common pipeline network. Sheetz, Inc. does and will continue to buy oil responsibly while providing high quality products to our customers. Sheetz, Inc. buys most of its product from companies that do not import oil from the Middle East. Although we buy most of our product from these companies, market conditions cause us to rely, at times, on suppliers that may import oil from the Middle East. Therefore, until the U.S. becomes less dependent upon imported oil, most companies, including Sheetz, Inc., may be forced to indirectly satisfy demand with imported oil.
Vote for politicians that take little or no money from oil companies.
Mexico is an oil exporting country, so it does not need to import any oil. However, Mexico lacks the refining capacity to transform this oil into its derivatives, such as gasoline or diesel. Therefore, it uses oil refineries such as those found in Texas.