"OlBlueEyes" wrote in message
...
"Jeff Rigby" wrote in
:

I would have thought that the price would drop for world oil but gas
prices here would increase.

Uh... lower supply means higher prices.

Since we can't import oil to the port in Louisiana that should mean
lower demand for oil on the world market since we can't import oil for
our demand.

This statement makes no sense at all.

Given that the demand for oil determines it's price. IF you take our
imports out of the equation there should be less demand on world oil and
it's price should drop.

Most of the oil for the US is imported thru New Orleans. If we can't import
it, we won't buy it and there should be less demand on world oil. IF this
is not the case we have been lied to and we are a net exporter of oil.