Quote; I am all for increasing both HEAVY and LIGHT HEAVY…… For your info, over 95% of our heavy and extra heavy crudes are extracted from two...
Why are we Exporting 5.2 million barrels of light crude, and importing 6.5 million barrels of heavy crude? Give me 4 reasons. Note; To a...
We have become a nation of whiners, and here’s why; GDP Growth Rate Canada; +0.2% UK; - 0.1% Japan; - 0.8% Australia; - 0.3% Euro; - 0.1%...
A Great Recession, and back then/knowing what we know now, Congress could have easily kept everyone’s head above water with a $5 trillion stimulus...
U.S. Imports of crude oil, mainly HEAVY Canadian crude; 6.5 million bpd, 19 April, 2024 U.S. Exports of crude oil, mainly LIGHT; 5.2 million...
Our domestic crude oil production is becoming lighter not heavier, and our refineries were mainly configured to process heavy.
What we need to produce more is heavy crude, 30 API and lower, but we aren’t, and judging from your posts, you certainly don’t know why.
I wouldn’t say largely, but speculators have often raised oil prices above supply and demand fundamentals.
You were correct!
Very good question. I read your post after I’ve completed my research…..average price of gasoline, post oil market crash, source; EIA Here’s...
Based on oil futures, which are short term contracts, which Biden oil related policy had a similar effect to a production cut?
Alaska’s Willow project has been approved, and at its peak, it will produce 180,000 barrels per day. Cost to develop, 7 - $9 billion, first...
Trump; “I’m the most innocent man in American history” In other words, he hasn’t done anything wrong. Question; When is Saint Trump’s Day?
Actually, Trump was for pump, pump, pump, carry forward losses, drilling into debt, and insolvencies. Response from today’s shareholders; No...
There is no correlation between Biden limiting oil drilling in Alaska and current prices at the pumps, Period!
Reference to the over $200 billion of fraudulent PPP loans, and overall, the $900 billion forgivable loans disbursed under Trump’s watch. Would...
But how can Trump’s supporters come to his rescue on this one, call Trump a liar? Not what he meant? Dementia?
Snake oil news! You forgot the following facts; Agreement to cut oil production by 10 million barrels per day, and then, down to 6 million bpd...
Mass white color crimes, and Repubs wants reduce the IRS auditing rates, both white and blue. Were the ones caught “the most innocent people in...
By the way, has anyone read more cases about the $200 billion + fraudulent forgivable loans? Falsifying Inflating Fake numbers Scheming...
Headline; Did Trump just admit to his hush money trial crimes “Former President Trump said he simply marked a payment down as a “legal expense”
In the 90’s, Congress kept Clinton’s spending requests below inflation + population growth rates, thus, below an increase of 3.5%, both Mandatory...
Pros and Cons Pros; Many economists are now saying that Biden’s big spending packages, such as infrastructure have prevented a hard landing....
“Biden wants to raise taxes, but doesn’t want to fix the debt” You do know that the Constitution gave Congress the power to fix the debt, right?
Reference to the top 1%, I stated my point….. Their 2021’s share of income tax, 46%, and average tax rate of 26% ARE FAIR, and if they were to...
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