Drill, baby, drill!! Erp. Bidens war on fossil fuels!! Erp.

Originally posted by: MaxFlavor

I'd like to hear your take on this.


This is one of the very, very,  very few subjects Boilerboob actually knows something about, so his asking the question is dishonest and disingenuous.

 

We import "sweet" crude oil, primarily from Canada, because much of our existing supply is "sour." The term refers to sulfur content. It's easier and faster to refine sweet crude. Furthermore, Canadian oil is very often physically closer to our refineries than domestic oil. So we import from them as a matter of utility and convenience.

 

It was the same way during the "Arab oil embargoes." We could always have met domestic demand with domestic production alone. But the oil companies preferred the sweet crude we could get abroad. And when that source was abruptly shut down, they didn't have the ability to immediately ramp up domestic production.

 

So the existing Canada-US relationship was set up, with the reeasonable assumption that neither country was going to use oil supply as a coercive tactic or weapon of war against the other. But of course, no one saw Trump coming.

Originally posted by: Kevin Lewis

This is one of the very, very,  very few subjects Boilerboob actually knows something about, so his asking the question is dishonest and disingenuous.

 

We import "sweet" crude oil, primarily from Canada, because much of our existing supply is "sour." The term refers to sulfur content. It's easier and faster to refine sweet crude. Furthermore, Canadian oil is very often physically closer to our refineries than domestic oil. So we import from them as a matter of utility and convenience.

 

It was the same way during the "Arab oil embargoes." We could always have met domestic demand with domestic production alone. But the oil companies preferred the sweet crude we could get abroad. And when that source was abruptly shut down, they didn't have the ability to immediately ramp up domestic production.

 

So the existing Canada-US relationship was set up, with the reeasonable assumption that neither country was going to use oil supply as a coercive tactic or weapon of war against the other. But of course, no one saw Trump coming.


Nope.  We import almost exclusively, if not exclusively, sour crude.  Canada's crude is very sour.  I used to work for the chemicals division of Union Oil, aka Union 76.  We had a refinery in Chicago which was built to refine sour crude, because 50 years ago most new domestic oil discoveries where sour.  With new horizontal drill technologies and fracking, most new discoveries produce sweet crude.  We export sweet and import sour, since most refineries are built to process sour.  The US is the second largest importer of crude and the forth largest exporter...half of what Saudi Arabia exports, BTW.

Originally posted by: Boilerman

Nope.  We import almost exclusively, if not exclusively, sour crude.  Canada's crude is very sour.  I used to work for the chemicals division of Union Oil, aka Union 76.  We had a refinery in Chicago which was built to refine sour crude, because 50 years ago most new domestic oil discoveries where sour.  With new horizontal drill technologies and fracking, most new discoveries produce sweet crude.  We export sweet and import sour, since most refineries are built to process sour.  The US is the second largest importer of crude and the forth largest exporter...half of what Saudi Arabia exports, BTW.


What Boilerboob is conveniently ignoring is the actuality that Canadian crude is about 1/3 sour/heavy and 1/3 sweet/light. The stuff that requires additional refining comes from the Alberta sands and shale deposits. We don't buy that from them. What we buy is the sweet/light stuff from Manitoba, Quebec, Ontario, and other sources that are physically closer to the industrial heart of the US.

 

At any rate, he demanded an explanation of why we're the second, or twelfth, or twenty billionth, whatever he claimed, largest oil importer. The availability of sweet crude is why. We're always had all the sour crude we needed. So if someone's yeeping about "energy independence" and waving an angry finger at Canada, they need to be educated that we buy crude from them out of convenience and slightly lower cost, not necessity.

 

And it's unthinkable that Canada would cut off our supplies in a true time of national/worldwide emergency (like a war), even if the horrid Turd was still around, so there's nothing wrong with our so-called "dependence" on Canadian oil imports. It's actually a good thing. But of course, MAGA thinks that we shouldn't trade with other nations, because they're brain-fogged isolationists.

Kevin is wrong again.  Crude from western Canada is sour.  You really need to stop digging the the hole.


Originally posted by: Boilerman

Kevin is wrong again.  Crude from western Canada is sour.  You really need to stop digging the the hole.


That's exactly what I said, stupid fuck. Alberta is in western Canada.

Kevin, at 8:41am Vegas time you posted that we import sweet crude from Canada.  At 9:41am you posted that Canada produces 1/3 sour crude ans 1/3 sweet crude...no mention of the other third.  Canada oil is sour, or crazy sour.

 

Kevin, stop digging.

Originally posted by: Boilerman

Kevin, at 8:41am Vegas time you posted that we import sweet crude from Canada.  At 9:41am you posted that Canada produces 1/3 sour crude ans 1/3 sweet crude...no mention of the other third.  Canada oil is sour, or crazy sour.

 

Kevin, stop digging.


The other 1/3 is a mixture of heavy and light crude with varying degrees of sulfur content. We don't import that stuff, either.

 

"Canada oil is crazy sour" is simply a false statement. Maybe that's what you saw during your imaginary time as an oil worker. Why would we import sour crude?

 

I said that you know something about this topic, but woo hoo, are you ever exposing your ignorance. Maybe I was wrong about your imaginary expertise.

Originally posted by: Kevin Lewis

The other 1/3 is a mixture of heavy and light crude with varying degrees of sulfur content. We don't import that stuff, either.

 

"Canada oil is crazy sour" is simply a false statement. Maybe that's what you saw during your imaginary time as an oil worker. Why would we import sour crude?

 

I said that you know something about this topic, but woo hoo, are you ever exposing your ignorance. Maybe I was wrong about your imaginary expertise.


How many times do I have to explain this to you, Kevin?  Most US refineries were built to refine sour crude.  The US produces mostly sweet crude.  Get the picture?  99% of the crude from Canada is sour.

 

I was never an oil worker, but I have worked for two oil companies for a combined 20 years.  My dad worked in the oil business his entire career as an engineer. His father worked in the oil industry his entire career as an engineer.  .

My best friend recently retired after 40 plus years.  Pete managed several gulf of

Mexico platforms....about $15 billion in assets.

Originally posted by: Boilerman

How many times do I have to explain this to you, Kevin?  Most US refineries were built to refine sour crude.  The US produces mostly sweet crude.  Get the picture?  99% of the crude from Canada is sour.

 

I was never an oil worker, but I have worked for two oil companies for a combined 20 years.  My dad worked in the oil business his entire career as an engineer. His father worked in the oil industry his entire career as an engineer.  .

My best friend recently retired after 40 plus years.  Pete managed several gulf of

Mexico platforms....about $15 billion in assets.


Which is why it's so surprising that you're ignorant about the basics. Your post above contains two absolutely false statements.

 

But I know you were trying to make some stupid point and were prepared to pitch bullshit to support it. You flap your arms and run in circles squawking "drill baby drill," not because it makes sense, but because MAGA told you to.

 

You're well aware that we have no need at all to increase production. The oil companies would have decided on their own, without any input from the government, to increase production if they wanted to. They don't, and haven't.

 

Why haven't they? Easy even for you to understand. When you're already not selling all of your product, you don't make MORE.

When they feel they can sell more, they'll open up those 4,000 idle wells and boost production to meet that demand. Until those wells are put into production AND depleted, "drill baby drill" will be "waste money baby waste money." And the oil companies have never been big on that.

Originally posted by: Kevin Lewis

Which is why it's so surprising that you're ignorant about the basics. Your post above contains two absolutely false statements.

 

But I know you were trying to make some stupid point and were prepared to pitch bullshit to support it. You flap your arms and run in circles squawking "drill baby drill," not because it makes sense, but because MAGA told you to.

 

You're well aware that we have no need at all to increase production. The oil companies would have decided on their own, without any input from the government, to increase production if they wanted to. They don't, and haven't.

 

Why haven't they? Easy even for you to understand. When you're already not selling all of your product, you don't make MORE.

When they feel they can sell more, they'll open up those 4,000 idle wells and boost production to meet that demand. Until those wells are put into production AND depleted, "drill baby drill" will be "waste money baby waste money." And the oil companies have never been big on that.


   The scumbag brain dead Biden sold off nearly 1/2 of America's oil reserve prior to the election to keep oil prices down - currently America's oil reserves sit at 351 million barrels, well short of the 727 million barrels the oil reserves once held. Replenishing America's oil reserves is another reason to drill and produce more oil. Biden sold off nearly half the U.S. oil reserve -- Biden’s administration sold off more than 40 percent of the Strategic Petroleum Reserve last year to help limit rising fuel prices after Russia invaded Ukraine, leaving the stockpile at its lowest levels since the early 1980s. That’s fueling Republican accusations that Biden has left the U.S. vulnerable to a disruption of global oil supplies — at a time when Hamas’ terrorist attacks in Israel are stoking fears of a wider regional war disrupting fuel shipments from the Middle East. -- “That’s Joe Biden’s fault for trying to lower the price of gas before the election,” House Natural Resources Chair Bruce Westerman (R-Ark.) told POLITICO. -- In fact, the reserve still holds 351 million barrels — equivalent to nearly 56 days of total U.S. oil imports last year — though well below the peak of 727 million barrels it held during the Obama administration. - https://www.politico.com/news/2023/10/16/biden-oil-reserve-fuels-00121298

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