With the upsurge or production from the Bakken Shale and a slump in demand due to the bad economy, the rumor has somehow gotten around that the U.S. may soon become an oil exporter – or in fact already is. Several sources have fueled this perception by saying that the U.S. is a net exporter when refined oil products are included. But this is a very misleading notion. If the U.S. imports... (Read Full Article)