Does a "Clean Energy" disaster loom off our coasts?

[JonC]

So our dependence on foreign oil partially caused (when curtailed) the price hike.

Yes. We are dependent on foreign oil only because we lack infrastructure.

That said, I am not sure of infrastructure cost/ maintenance and domestic "sweet oil" vs importing "sour oil".

 

[Van]

View attachment 10043

This graph proves your claim was false.

 

[KenH]

VMT[ [Vehicle Miles Driven] in 2021, which reflects February 2020 through January 2021, was the lowest since 2002.

There was a worldwide pandemic going on during March 2020 through January 2021.

 

[Van]

Yes. We are dependent on foreign oil only because we lack infrastructure.

That said, I am not sure of infrastructure cost/ maintenance and domestic "sweet oil" vs importing "sour oil".

Hard to square the circle, we are net exporters of crude oil, and being dependent on foreign crude oil. And this situation did not exist under Mr. Trump.

 

[KenH]

This reflects more war on fossil fuel theology.

 

[Van]

There was a worldwide pandemic going on during March 2020 through January 2021.

That has nothing to do with the fact few miles were being driven when the gasoline prices shot up. Your claim is a false claim.

 

[Van]

Personal Incredulity is fallacious argumentation.

When the facts prove you wrong, pretend to disbelieve or not understand. And so it goes with the godless left.

 

[KenH]

Nonsense, like saying it costs more because it costs more.

Both Jon and I have tried to explain this to you. For some reason you seem to refuse to accept the economics of the oil industry, even when explained to you by those with experience in the industry.

 

[KenH]

This graph proves your claim was false.

There is so much activity on this thread, would you mind telling me what you are claiming that I claimed that you think is false?

 

[KenH]

Hard to square the circle, we are net exporters of crude oil, and being dependent on foreign crude oil.

U.S. refiners want the sour crude oil. That is what many of their refineries are structured to refine. Sour crude oil is cheaper than sweet crude oil. The economics of importing sour crude oil are beneficial to the oil refiners.

 

[Van]

Both Jon and I have tried to explain this to you. For some reason you seem to refuse to accept the economics of the oil industry, even when explained to you by those with experience in the industry.

Yet another mindless post, claim something is wrong with me, while running away from the obvious truth.

The Biden/Harris administration caused high gasoline prices, high inflation, high uncontrolled border crossings, including future criminals and drug dealers and gang members. Their foreign policy led to wars in Ukraine and Israel, and the loss of lives of innocents on both sides of each conflict.

 

[JonC]

Hard to square the circle, we are net exporters of crude oil, and being dependent on foreign crude oil. And this situation did not exist under Mr. Trump.

We became a "net exporter" of oil in 2020, but have depended on importing oil since 1948.

For the past 6 years the US has produced more oil than any other country.

Oil production in the US has never been as high as it is now. In 2023 we broke not only the US record for oil production but also the global record (set in 2019).

 

[Van]

There is so much activity on this thread, would you mind telling me what you are claiming that I claimed that you think is false?

All of it.

 

[KenH]

That has nothing to do with the fact few miles were being driven when the gasoline prices shot up. Your claim is a false claim.

The price of crude oil shot up. People started driving and flying again. There was a larger demand for gasoline and jet fuel, thus a larger demand for crude oil. More demand for crude oil raised the price. Just like if you have a car you want to sell, you will probably get a higher price for it if there are ten people wanting to buy it instead of only one person.

 

[KenH]

And so it goes with the godless left.

Are you calling me "godless", Van?

 

[KenH]

The Biden/Harris administration caused high gasoline prices, high inflation, high uncontrolled border crossings, including future criminals and drug dealers and gang members. Their foreign policy led to wars in Ukraine and Israel, and the loss of lives of innocents on both sides of each conflict.

Van, the Republicans have been in control of the House and the Senate and the presidency a lot(including 6 years with control of all three, 4 years of all three for the Democrats) during the 21st century, and things have not exactly been a bowl of cherries in the United States, nor the world, when the Republicans have been in positions of power.

The United States does not run the world, regardless of the desires of the neoconservatives.

Now it may simply be the best of an ugly contest, but the United States has the best economy in the world currently.

Donald Trump told the Republicans to kill the immigration bill, a subject that the Congress has not addressed in around 40 years. And the issue is still not addressed because of Donald Trump and weak-kneed Republicans.

Inflation is caused by the Federal Reserve increasing the money supply beyond the increase in productivity, and a lot of that increase is because of the profligate spending of the Republicans and the Democrats in Congress, that they do not have the courage to raise the revenue to pay for.

 

[KenH]

All of it.

What I wrote is accurate. You have not refuted what I wrote. And to quote myself:

"Prices shot up after the worldwide pandemic subsided and people started driving and flying again. Thus, the demand for crude oil went back up(which raises the price of gasoline and fuel oil), and, also, the demand for gasoline and jet fuel went back up. The price of gasoline dropped so much during 2020 because everyone was basically staying at home and not taking vacations and, in general, just not traveling much."

 

[Van]

U.S. refiners want the sour crude oil. That is what many of their refineries are structured to refine. Sour crude oil is cheaper than sweet crude oil. The economics of importing sour crude oil are beneficial to the oil refiners.

Total fiction.

There is no significant difference is the price of a barrel of oil. Say, between about $70 per barrel and about $73 per barrel. This would have little influence on the about 90% increase in gasoline price under Mr.Biden.

Folks, it is a hoax to shift the blame from the Democrats.

 

[JonC]

That has nothing to do with the fact few miles were being driven when the gasoline prices shot up. Your claim is a false claim.

Your timing is off.

The 2021 VMT reflects Feb 2020 to Jan 2021.
Miles driven significantly dropped.

The highest gas price average during this time was $2.24 a gallon.

The prices spiked in June 2022 ($5.032/gal).

 

[KenH]

Total fiction.

There is no significant difference is the price of a barrel of oil.

"The term sour crude refers to any crude with sulphur content such that require special removal treatment. Although the term sour is defined in ISO 15156 / NACE MR0175 in basis of the H₂S (hydrogen sulphide) partial pressure in the production environment; however for practical terms any crude with more than 0.5% sulphur is consider sour and will require sulphur removal.

Sour crude is also associated to heavier crude as opposed to light sweet crude (with sulphur content below 0.5%. Light sweet crude is traditionally consider more expensive than heavier sour crude, this is because light sweet crude requires less processing and produces a slate of products with a greater percentage of value-added products, such as gasoline, diesel, and aviation fuel. Heavy sour crude was consider to be sold at lower prices than lighter sweeter grades because it produces a greater percentage of lower value-added products with simple distillation and requires additional processing to produce lighter products."

- source: The difference between sweet crude and sour crude - OGC Energy.

 

[JonC]

Total fiction.

There is no significant difference is the price of a barrel of oil. Say, between about $70 per barrel and about $73 per barrel. This would have little influence on the about 90% increase in gasoline price under Mr.Biden.

Folks, it is a hoax to shift the blame from the Democrats.

The price difference at the start of 2023 was $6.75 a barrel.

The difference June 2022 was $9.20 a barrel.

It's narrowing now because of the demand for "sour oil".