US Oil Producers Fail to Produce

[Methais]

Agree to disagree.

You can’t disagree with facts you fucking dumbass.

[Tgo01]

Fortunately the environmentalists are stepping up

https://biologicaldiversity.org/w/ne...ds-2022-06-15/

“But they can start drilling on that land right now!!111!!”

[Orthin]

You can’t disagree with facts you fucking dumbass.

Maybe YOU can't!

[Jeril]

You can’t disagree with facts you fucking dumbass.

What do you mean? People disagree with facts and logic all the time. Why do you think the democratic party is the way it is today?

[Methais]

What do you mean? People disagree with facts and logic all the time. Why do you think the democratic party is the way it is today?

I suppose technically you can, but that just makes that person extra stupid. Like Seran.

[Sighisoara]

I remember when this exact same argument was paraded around in 2009 when President Obama was doing the same thing and had the same results of his policies.

If you don't like the results of bad energy policy decisions.. maybe change your policies?

Otherwise, it looks as though this is the exact thing you are trying to achieve from your policies.

Just my opinion, but I think they see this as a feature, and not a problem. Using exorbitant gas prices to push electric vehicles. “See what I did for the environment? People are burning far less fossil fuels now!”

[Seran]

There is nothing to "agree to disagree" about, it straight up says you might have to get further approvals and it doesn't absolve you of that.

Sure there is, we've both read the same permit guide and reached different decisions.

I think you're grasping at straws imagining outlandish possibilities outside the scope of the data to reach a decision.

You think I'm not giving enough consideration to the ability of individual state's and local governments to litigate against.. local jobs and economic growth.

I think you're wrong, you think I'm wrong and yet it doesn't change the fact that scope of project review, environmental impact studies and final approval are all outlined as plain as day. Since you're a glass half on fire person, I'm just agreeing to disagree.

[Seran]

I think y’all are missing the forest for the trees here. The way it was explained to me is that even if all the drilling commenced today, there would be virtually no impact on the gasoline market in the US. The refineries here are designed to use the heavier oil from the Middle East, not the lighter stuff we produce. This is why the US exports most of the oil it produces and imports most of the oil it uses. The problem is further exacerbated due to refineries here shutting down at a large rate over the last two years primarily because of unprofitability … to the tune of about 1 million barrels per day. It’s my understanding that to re-fit the existing refineries to use the stuff we produce would take 2 to 4 years. We’re not drilling our way out of this mess.

We produce heavy crude, in fact the most carbon heavy crude in the world right here in the US, in Kern County California. There are two refineries, one idle and the other tooled to mostly produce asphalt components and both tooled to use heavy crude. The last owner of the first plant, Flying J doesn't want to produce gasoline and so far hasn't found a buyer. So not only do we have heavy crude available, but we have spare refinery capacity idled, but ready to resume in short order if the industry wanted.

US exports a lot of oil, but we mostly consume it here in this country. We can refine domestic oil at a much higher profit due to regulations allowing an oil company to produce, refine and sell its products to any buyer or price, due to free markets.

Current refineries have averaged 95-97% capacity because oil companies aren't in the business of lowering their own profits by producing more product. Again, free market. President Biden can and still may use the Defense Production Act to goad some of the idled refineries into production or to finance an independent into buying one of the refineries for sale, but this action hasn't yet been decided by the current administration.

[Parkbandit]

Just my opinion, but I think they see this as a feature, and not a problem. Using exorbitant gas prices to push electric vehicles. “See what I did for the environment? People are burning far less fossil fuels now!”

So the price of gas is being increased by this administration to push electric vehicles.

At least you are admitting it... which is a far cry from someone like Seran who claim that this administration has zero control of rising gas prices, but should be applauded when gas prices come down because they can somehow control falling gas prices.

[Gelston]

Sure there is, we've both read the same permit guide and reached different decisions.

I think you're grasping at straws imagining outlandish possibilities outside the scope of the data to reach a decision.

You think I'm not giving enough consideration to the ability of individual state's and local governments to litigate against.. local jobs and economic growth.

I think you're wrong, you think I'm wrong and yet it doesn't change the fact that scope of project review, environmental impact studies and final approval are all outlined as plain as day. Since you're a glass half on fire person, I'm just agreeing to disagree.

Different decisions? It literally says in black and white that an APD isn't all you need to commence drilling in some cases and you may need to get other permits and approvals.