Domestic oil production: Trump vs. Biden

Cypress said:
You don't get to pick your favorite months. Presidents are judged on the totality of their record.

A president's job is to handle emergencies. The fact that Trump couldn't handle the COVID emergency is a reflection on his leadership
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DELIBERATE CHINADEMTHUG PANDEMIC

Grokmasturbater is having a MAGA panty-wetting hissy fit.

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Walt said:
America buys little oil from OPEC, and what little it does would easily be replaced by whoever OPEC tries to sell oil to instead of us. Oil is mostly fungible, so none of your post has any meaning.
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Oil is a global commodity. The world is drinking out of the same glass. If OPEC or the UNITED STATES decreases production by 2,000,000 barrels a day the price of oil goes up. Because of anti fossil fuel Biden administration the US decreased its oil production by 2 million barrels a day and oil prices went up.
 
There's Only a 25 Day Supply of Diesel in the U.S.: Report
The country now has just a 25 day supply of diesel, and that’s the lowest level since 2008. On top of that, demand for diesel is at its highest seasonal level since 2007 because of higher trucking, farming and heating use.
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https://www.yahoo.com/lifestyle/theres-only-25-day-supply-183000923.html

More importantly unlike 2007 we not only have too little refining capacity, but it has been running flat out all year, run by owners who are skimping on maintenance.

Buckle Up.
 
New home heating oil prices will be out from the government on monday. The week before it went up almost 50 cents, because there is a shortage.
 
ExpressLane said:
Heating oil and Diesel is almost the same thing. Winter use of heating oil always drives up diesel prices.
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I dont know about that, but I do know that different products require different kinds of crude, that if you want to make diesel say you must take care in what you feed the refinery. So when the Revolution pressured the refineries into not making much diesel and heating oil all summer so that they could make as much gas as possible it was always predictable that not running out of diesel and heating oil this winter was going to be a project, at best. Perhaps it is not possible?
 
Hawkeye10 said:
I dont know about that, but I do know that different products require different kinds of crude, that if you want to make diesel say you must take care in what you feed the refinery. So when the Revolution pressured the refineries into not making much diesel and heating oil all summer so that they could make as much gas as possible it was always predictable that not running out of diesel and heating oil this winter was going to be a project, at best. Perhaps it is not possible?
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Diesel is made from sweet crude

While they are used for two completely different purposes, home heating fuel oil No. 2 and diesel No. 2 are very similar and, in some cases, can be interchanged. But while diesel fuel is relatively consistent, home heating fuel can vary form region to region and from winter to summer.
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https://sciencing.com/about-6726131-diesel-vs--home-heating-oil.html
 
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Walt said:
When trump left office, US oil production was at 11.1 million barrels a day, and crashing quickly. It has now turned around, and is at 11.8 million barrels, and rising quickly. It will probably surpass the highest it was(13 million barrels), before trump crashed it, in a little over a year. Though that is a prediction based on current trends, because it is not too far out, it will probably come to be.

It is very difficult to get past the fear of oil prices going negative again. American oil production is highly dependent on capital from NYC, and investors will be spooked for generations to come by trump allowing prices to go negative. The fact that trump might be our next president makes them even more scared.

But there I go talking about facts, which you really hate.
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Actually in the last several months of the Trump administration oil production was on the rise.
 
ExpressLane said:
Diesel is made from sweet crude
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The whole point of refining crude oil is to make as many useful grades of fuel as you can. That means that sour crude refining also is made into diesel. None of this is complex, I do not know why you are not getting it.
 
Simple question: If president tater head is now a republican capitalist pig, planet-killing oil tycoon, why is he sucking the strategic reserve dry and talking to that Venezuelan thug at the same time he was begging the Saudis not to announce production cuts until after the midterms? Bonus question: Why is gas still so fucking expensive?
 
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