Sorry, he said he was going to "end" the oil and gas industry. In my book ending a business is crushing a business. Kevin once again proves he's stupid.
Sorry, he said he was going to "end" the oil and gas industry. In my book ending a business is crushing a business. Kevin once again proves he's stupid.
Kevin, when we produce more US oil, this is sweet crude and the US doesn't have the ability to refine any more of this sweet crude. Honest, it doesn't happen with magic.
PJ, Biden has told us that he would crush the oil industry, yet you tell us that he's pro oil. That would make Sleepy a liar, correct?
Originally posted by: Boilerman
It has to do with sweet crude and sour crude oil. I suspect that you know nothing of this. If you do, please explain.
Kevin, explain to us why why export sweet crude and import sour crude. What would happen if we couldn't import the sour crude/
You are only half right. It also has to do with the price of oil.
I suspect you know nothing of money.
If you do, please explain.
Originally posted by: Boilerman
Kevin, when we produce more US oil, this is sweet crude and the US doesn't have the ability to refine any more of this sweet crude. Honest, it doesn't happen with magic.
PJ, Biden has told us that he would crush the oil industry, yet you tell us that he's pro oil. That would make Sleepy a liar, correct?
You don't have the intellect to distinguish between the short term and the long term, do you?
Originally posted by: Vegas Todd
You are only half right. It also has to do with the price of oil.
I suspect you know nothing of money.
If you do, please explain.
My Purdue degree is in Finance, plus I'm an investor, so I know something about money. We have lots of sweet crude, and little sour crude. Most refineries are built to refine sour. To change a refinery to run sweet cost many billions.....it's not a tweak. Sleepy tells us that he's going to crush the oil industry, so who will invest? That's the reason we export sweet and import sour.
Originally posted by: Boilerman
My Purdue degree is in Finance, plus I'm an investor, so I know something about money. We have lots of sweet crude, and little sour crude. Most refineries are built to refine sour. To change a refinery to run sweet cost many billions.....it's not a tweak. Sleepy tells us that he's going to crush the oil industry, so who will invest? That's the reason we export sweet and import sour.
A degree in finance and being an ''investor'' doesn't mean that you're smart, except to yourself.
The US also imports oil because we use more than we produce.
Originally posted by: Vegas Todd
A degree in finance and being an ''investor'' doesn't mean that you're smart, except to yourself.
The US also imports oil because we use more than we produce.
Currently, we do not produce more than we consume. So, explain why we import and export.
Originally posted by: Boilerman
Currently, we do not produce more than we consume. So, explain why we import and export.
''The US also imports oil because we use more than we produce.''
Looks like your ''degree'' didn't help you with reading comprehension, Boil,
Originally posted by: Vegas Todd
''The US also imports oil because we use more than we produce.''
Looks like your ''degree'' didn't help you with reading comprehension, Boil,
Todd, I realize that this is difficult for you, but do some fucking reseach. Currently we product exactly the same amount of oil than we consume. Stupid people don't understand that we refine all of the sour oil that we produce. Stupid people don't understand that we produce more sweet crude than we can refine, so we export plenty of this. Next we import sour crude that we can refine.
Is this really so confusing to you? How much pot do you smoke? It's a very easy concept.
For God's sake, we've gone over this simple concept twenty times yet this simple concept continues to confuse you.