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Energy in America: United refining

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  • Description

    Company only sells North American crude oil

  • Duration 1:55
  • Date

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Transcript

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No mid -- oil one US soil for a united refining company markets its gasoline that way.

United refining company.

Pennsylvania.

Makes its gasoline at 100%.

North American fertile field comes mostly from Canada the rest from the US and all of that we're fine here.

-- and usual marketing move has struck a -- says the company's chairman Jon -- TDs and he says profits erupts as the campaign started.

Any time they get annoyed at BP petroleum.

And excited being humiliated.

Middle East you know -- they -- -- -- -- by American oil.

The company sells the gas -- over 300 quick failed country fair and keystone stations in the northeast and it's refined in Pennsylvania.

This -- TV -- reducing dependence on foreign oil will lower prices we're saying not having mideast oil is more stable.

Much more stable to a security.

To our supply system some industry analysts though doubt that American only gas can affect prices noting the cost of -- is set on global markets.

But others say more gas made in the USA.

Will make a difference when it comes -- gasoline prices more domestic production over the long run this can mean lower gasoline prices most of the customers we spoke to appreciate the American only gas.

I don't go to VP year you played fell slightly by here -- maiden usaid and I -- Have one of the Americans is upset about us being so tied to other countries for our -- gas.

And I would much prefer to buy American enterprise from other countries.

According to the US Energy Information Administration the US imports about 45% of -- crude oil from foreign sources.

Down from a high of just over 60%.

In 2005.

Cats in the TDs is optimistic with American oil the nation can one day turn off the -- inspector.

In New York I'm Eric Sean Fox News.

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