[Setec Astronomy]

Originally Posted by kpounds

True, but our oil is mostly imported, in order from Canada, Saudi Arabia and Mexico. Iraq is #6!! The main thing is this would seem to increase our available oil supply, thus they can't hold "low supplies" over our heads (as much) to increase prices in the future.

Crude Oil and Total Petroleum Imports Top 15 Countries - EIA.gov

Now that I'm thinking about it, isn't the problem with gasoline supposed to be not supply of crude oil, but refinery capacity, the dearth of which causes a "low supply" of refined oil products? Or was that just the excuse from the other year? Because I for one find it hard to believe that energy-company executives would take huge bonuses for themselves instead of doing the right thing for the company and the country by investing profits into modernizing their refineries...