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Then what are you whining about?
Not surprised...nothing.
Not surprised...nothing.
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"The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. Ullman -
I?m whining because you and your conspirators are killing freedom in the US. When i see the pictures of the left wing rap artist that shot up the school and his facial tattoos, I am looking at you.
Just my freedom of speech and my honest opinion.Last edited by RED; 07-06-2022, 08:32.Comment
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Better check your numbers. Those are way off.
The problem is....oil is fungible. Are you guys saying that crude being pumped out of the reserve is definitely headed overseas? Because I don't think anyone is making that claim.
What you are seeing is the US petroleum industry exporting crude to refineries in other countries. You could ban exports, or you could ban them taking deliveries from the SPR.
For what seems like the 20th time I've asked this question on this thread:
Who here is proposing that we ban petroleum exports by the US? Either crude or refined?Comment
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The next question Togor is, what type of oil do our domestic refineries process?
They chiefly refine only sour crude, which follows the fracking industry and oil from Russia. We sell our sweet crude to other countries, like China.
https://www.marketplace.org/2022/03/...s-lot-u-s/amp/
Simply put, America has an infrastructure problem that is materially affecting our industry and its ability to grow. As noted before, light/sweet, while preferable in many aspects to heavy/sour, is not a perfect substitute and both are needed. Therefore, to support America's continued growth as an oil producer, we must either retool already existing U.S. refineries, which is not a feasible option given already intensive capital investments in the existing refineries, or find markets that desire our crude to which we can export our crude in an economically competitive manner. And for that, we desperately need infrastructure.So, America ? right now ? our crude is too good!"The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. UllmanComment
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We can also handle the Venezuelan crude, from the before-time.The next question Togor is, what type of oil do our domestic refineries process?
They chiefly refine only sour crude, which follows the fracking industry and oil from Russia. We sell our sweet crude to other countries, like China.
https://www.marketplace.org/2022/03/...s-lot-u-s/amp/
Simply put, America has an infrastructure problem that is materially affecting our industry and its ability to grow. As noted before, light/sweet, while preferable in many aspects to heavy/sour, is not a perfect substitute and both are needed. Therefore, to support America's continued growth as an oil producer, we must either retool already existing U.S. refineries, which is not a feasible option given already intensive capital investments in the existing refineries, or find markets that desire our crude to which we can export our crude in an economically competitive manner. And for that, we desperately need infrastructure.So, America ? right now ? our crude is too good!
You are right to point out that type of crude matters. It's fair to argue that SPR outflows shouldn't be going 1:1 to exports that would otherwise not occur because of crude/refinery mismatch issues but so far no one has made the case that this is happening.Comment
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There you go again with the salad. Do you know why we are refining more sour crude than before? The SPR is made up 60/40 sour/sweet but that is not the reason. And the hint that we cannot refine more sour crude is another bit of your propaganda broadside. Most of our refiners are on the Gulf Coast as is all of the SPR.
The reason there is more sour crude refined currently is because we are importing more Saudi oil in 2022 than in 2020.Last edited by RED; 07-07-2022, 11:31.Comment
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You still haven't shown us the delta from domestic refining and domestic usage.
All that twisting and turning you call it has you in the barrel. Pun intended!"The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. UllmanComment
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Fact is, some of our oil is going to China! The Biden family collusion with China is paying off! Saudi Arabia has raised the price of their crude. Wonder why? Cause they know 'Ol Joe is coming to them begging for oil. Xi is as happy as a pig in a mud hole with dangling Joe on his puppet strings.Comment
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Joe Biden thru executive orders deliberately cut refining. What is happening is deliberate and Soros and the other puppet masters are pulling strings to kill our economy and you are helping along.
(Political and financial pressure to move away from petroleum derived fuels, costs associated with federal and state regulatory compliance and facilities? singular economic performance all inform these decisions. The sharp drop in fuel demand over the course of the pandemic certainly sped up the timeframe for refining contractions, closures and transitions, but many of these moves were already planned or underway.)
Anyone with a brain has known all along the pandemic was a temporary slowdown and usage would increase.Last edited by RED; 07-07-2022, 03:08.Comment
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"The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. UllmanComment
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Still waiting for someone to say they would want Biden to ban US petroleum exports.
Since nobody is willing to say that, then there's no point in barking about SPR releases or US production, because producers here are free to let their product seek the highest market.
Again, the whole world wants gasoline.Comment
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Who here is proposing that we ban petroleum exports by the US? Either crude or refined?
Does this answer your stupid question?
(Just when you thought President Joe Biden couldn?t screw up U.S. energy policy any worse, his cabinet rises to the occasion.
The Biden administration wants to curb and potentially ban outright U.S. exports of oil and refined products. Such a decision would do little to tame soaring consumer fuel prices and could cause them to remain inflated for longer.)
His cabinet and you are the ones seeking the ban!
Troll, troll, troll, elsewhere. No body here has even the slightest bit of respect for you.Last edited by RED; 07-07-2022, 05:59.Comment
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"The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. UllmanComment
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