Go | New | Find | Notify | Tools | Reply |
Member |
A question for the experts here: I realise there are many variables involved, but if we were to ramp up our oil production here in the US today, how long would it take for that oil to reach the gas/diesel pumps, heating oil tanks, etc? Weeks? Months? ------------------------------------------------ "It's hard to imagine a more stupid or dangerous way of making decisions, than by putting those decisions in the hands of people who pay no price for being wrong." Thomas Sowell | |||
|
Don't Panic |
If by 'ramping up' you mean drilling new wells, even assuming you are drilling in a field already awash in pipeline capacity, etc. you're talking months to get production from new US wells into refineries and then distributed to US retail. Above is of course irrelevant to the context of this thread, which is about a UK paper noting the impact of the UK's dependence on Russkies for a chunk of their diesel supply, and has NOTHING to do with US diesel availability, which continues to be expensive but readily available. Link as noted above: Daily Mail article
| |||
|
eh-TEE-oh-clez |
I went to fill up today, as per my usual before the weekend. Saw a guy next to me filling up a 100 gal tank in the back of his pickup. So, that's happening. | |||
|
Peace through superior firepower |
A manufactured shortage | |||
|
Big Stack |
I was waiting for someone to notice that.
| |||
|
Lawyers, Guns and Money |
Never let a crisis go to waste... Top Dems Urge Biden To Nationalize Oil & Gas Industry Authored by Michael Shellenberger via Substack, Calls for Biden to socialize industry have moved quickly from fringe to mainstream... The energy crisis is worsening. The U.S. has fewer than 30 days of diesel and other distillate fuels, the lowest level since 1945. Supplies are so low that there will be shortages and price spikes within six months unless the U.S. enters recession, experts warn. In response, the Biden administration is releasing more oil from the Strategic Petroleum Reserve. But the reserves are of crude oil, not refined oil products such as diesel. And the releases are stifling investment in future oil production. “People are depleting their emergency stocks,” warned Saudi Arabia’s energy minister earlier this week. “Losing emergency stocks may become painful in the months to come.” In response, influential Democrats, including a leading U.S. Senate candidate, a former Department of Energy official, and an influential energy expert, are urging the U.S. government to socialize America’s oil and gas firms. At a Houston conference last week, Jason Bordoff, Dean of Columbia University’s Climate School, called for the “nationalization” of oil and gas companies. “Government must take an active role in owning assets that will become stranded,” he said, “and plan to strand those assets.” By “strand” Bordoff meant “make financially worthless.” Bordoff made the point at least twice during the confrerence. Bordoff’s call shocked many in the audience. “Jason is smart, well-informed, and well-connected to the Biden Administration,” said someone who was at the conference, “so these comments are scary.” Democratic U.S. Senate Candidate from Wisconsin Tom Nelson (left) and energy expert Jason Bordoff (right) are urging the Biden administration to nationalize U.S. oil and gas companies. The calls come on the heels of two other Democrat-led efforts to expand U.S. government control over oil and gas production. One is a piece of legislation called “NOPEC,” which passed the Senate Judiciary Committee in May. The bill would change U.S. antitrust law to revoke a policy of sovereign immunity, which protects OPEC+ members from lawsuits. If NOPEC became law, the U.S. attorney general could sue Saudi Arabia and other OPEC members in court. The result could be a disruption of global supplies of oil and other commodities if nations retaliated against the U.S. The other is an effort led by Treasury Secretary Janet Yellen to cap the price of Russian oil sold on global markets, which I and many other experts have warned since June is unworkable, because China and India have said they would circumvent it, and could backfire, resulting in far higher oil prices. Last week, analysts with Rapidan Energy told the same Houston conference that the December 5 implementation of the Russian price cap could reduce global supplies of oil by 1.5 million barrels per day. Such an amount would create an oil price shock. Earlier this month, Bordoff told the World Economic Forum, which has called for a “Great Reset” to quickly move from fossil fuels to renewables, that climate change required a “massive transition” that is “going to be messy, it’s going to be disruptive.” Said Bordoff, “I think part of the broader macro environment that's happening now is one of more disruptive change because of climate impacts, but also more disruptive change because of geopolitics coming out of the pandemic, coming out of this conflict, completely rethinking what the World Economic Forum is all about.” https://www.zerohedge.com/poli...ize-oil-gas-industry "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
|
Drill Here, Drill Now |
Media induced crisis. Panic people so they act out of norm which impacts logistics which impacts prices. They’re all about ad revenue which comes from clicks and viewers. Ego is the anesthesia that deadens the pain of stupidity DISCLAIMER: These are the author's own personal views and do not represent the views of the author's employer. | |||
|
Shall Not Be Infringed |
Venezuela anyone? ____________________________________________________________ If Some is Good, and More is Better.....then Too Much, is Just Enough !! Trump 2024....Make America Great Again! "May Almighty God bless the United States of America" - parabellum 7/26/20 Live Free or Die! | |||
|
Big Stack |
Apparently there is a diesel shortage in the US (different article) https://www.newsweek.com/how-d...conomy-1755100?amp=1 | |||
|
Member |
Fairly normal for those of us who farm or who do excavation work. The fuel has to get to the tractor, dozer, or excavator somehow. It isn't as if we drive our tractors and equipment to the gas station. The water in Washington won't clear up until we get the pigs out of the creek~Senator John Kennedy | |||
|
Left-Handed, NOT Left-Winged! |
| |||
|
Partial dichotomy |
https://www.theepochtimes.com/...utm_campaign=roundup Diesel Market to Stay Tight Into Winter: Chevron Chairman The diesel market will stay tight into the winter, Chevron Chairman and CEO Michael Wirth warned. “Markets are tight right now. Diesel, in particular, as we’ve seen here recently and likely to stay that way through the winter, I think,” he said during the third quarter earnings call. With the ban on some Russian imports going into effect in the first quarter of 2023, the situation could become worse. The ban will drive Russian energy products to reach farther markets with increased costs and logistics, he said. cont... | |||
|
Green grass and high tides |
Stupid gibberish "Practice like you want to play in the game" | |||
|
Member |
https://www.cnbc.com/2022/10/3...upplies-dwindle.html https://www.wsj.com/articles/n...opwebshare_permalink "Freedom is a light for which many men have died in darkness." | |||
|
Savor the limelight |
The picture is backwards and what kind of self-respecting post-apocalyptic prepper uses plastic water jugs? | |||
|
goodheart |
This is for real: Link
This is civilizational suicide. _________________________ “Remember, remember the fifth of November!" | |||
|
Member |
Went buy my local Kroger gas station yesterday night and saw their diesel pumps out of fuel. God Bless "Always legally conceal carry. At the right place and time, one person can make a positive difference." | |||
|
Lead slingin' Parrot Head |
^^^ Ya know, I stopped to refuel last Thursday evening at a fairly busy station, with a busy convenience store, and located right next to the interstate. I think it has something like 12 pumps. As I entered the parking lot I scanned for an open pump, and noticed several of the diesel pump handles with yellow bags on them, indicating they were out of service. I was on my way to meet some family and friends and it was chilly out. The snow had melted on the pump island over head roof top and the wind was blowing the water straight down on me as I was pumping gas and it was like taking a cold shower, so I didn't spend any time thinking about the covered pump handles... but now you've got me wondering if they were out of diesel that evening. | |||
|
Member |
| |||
|
Political Cynic |
No shortage Lack of will to produce it Entirely fake crisis - you can figure out who is behind it | |||
|
Powered by Social Strata | Page 1 2 3 |
Please Wait. Your request is being processed... |