Battery based vehicles of today and tomorrow pt 2

[5030]

Oil company shareholder expectations, futures traders, worldwide demand, US exports, and lack of refining capacity are a perfect storm to add to the loss of Russian supplies to the worldwide market.

That won't change in the near future, if anything, it will get more acute.

 

[Hay Dude]

I read this in a Reuters article this morning.

"The United States is the world’s biggest exporter of refined products, lately shipping a near-record of 6 million barrels per day of products including gasoline and diesel, according to federal data. Restricting exports could temporarily flood the U.S. market, lowering prices, but refiners could respond by reducing output."

That kinda sums up what's going on:
- US oil refineries are running at near capacity.
- They are the biggest exporter of refined products in the world.
- Restricting exports would flood the US market with product which would lower gasoline prices.
- But if prices are lowered, they will respond by reducing output.

It's the oil companies that are driving this, not governmental policy.

Very political discussion, but many disagree with that opinion. Just flip on the TV and you’ll see plenty of energy experts, including the former energy secretary, who vigorously disagree with the opinion you present. Reuters? Very political organization.

 

[Doughknob]

It's like anything else. On plant side it's clean....... but what about the mining side????

Same thing with natural gas. Burns clean, but you gotta drill to get it.

How about lithium batteries for these EV's that they want to push on us.

Do they have any flipping clue to the amount of toxins involved with mining for those batteries?????

I'm willing to bet if you sent a few bus loads of those granola crunching hypocrites to a lithium mine and walked them through the leaching and other crap that's gets exposed they would be calling for the end of human existence

Who is "they?"
And what is this "push?"

 

[jyoutz]

A Pipeline during construction generates thousands of jobs. And not just in the construction. Those workers gotta eat, buy groceries, gotta stay somewhere, equipment needs to be maintained......

Maybe long term it employees a 100 people to maintain it. But it also pumps a ton of money into local economies during construction.

Creating more temporary jobs during a period of construction industry labor shortages.

 

[Snobdds]

Other end of the pipeline to be fair...

View attachment 751192

To also be fair. I trust Canada to reclamate better than China.

 

[Snobdds]

It's the oil companies that are driving this, not governmental policy.

US refineries can get more out of heavy crude than they can out of light sweet crude, which is predominate in the US. Light sweet crude is better for single stream refining in other countries. Therefore we get more economic benefit importing heavy crude and refining it into multiple products.

It's economic factors driving this, oil companies are just the grease to make this all work.

The current Government wanted higher oil for their green transition, as they think it makes green energy more cost effective. They were so focused on their goal, they forgot that the US runs on oil. Kind of a big blind spot they lost track of and is now it's going to do them in. Poetic justice, some would say.

 

[Hay Dude]

A Pipeline during construction generates thousands of jobs. And not just in the construction. Those workers gotta eat, buy groceries, gotta stay somewhere, equipment needs to be maintained......

Maybe long term it employees a 100 people to maintain it. But it also pumps a ton of money into local economies during construction.

Don’t forget all the pipeline steel purchased and all the equipment purchased like track hoes, excavators, end dumps, trucks, welding machines.

It all would have helped the American economy and the 900,000 barrels of oil would have increased our supply of oil.

 

[Fuddy1952]

All one has to do is understand it in logical steps:
1) *****'s campaign promise was to end our dependence on fossil fuels
2) Read: www.washingtonpost.com
High gas prices are part of the ***** administration's plan
3) Just like the rising price & scarcity of ammo (gun control), high fuel prices FORCE people to switch to EVs
No, the POTUS doesn't control fuel prices directly, but policies can be in place causing inflation and high fuel prices indirectly which has the same end result while blaming Putin, Corp. greed, price gouging at the pump (3c/gal.!), etc.
Elimination of federal gas tax (18c/gal) is a brilliant move to really lower fuel prices...(people believe!).

 

[Hay Dude]

Creating more temporary jobs during a period of construction industry labor shortages.

Sure beats sitting on your butt at home collecting unemployment.

 

[Snobdds]

Removing the fuel tax is inflationary, which is the last thing we need. If the price of gas drops, it will just make people purchase more of it...econ 101. Who are the economic advisors in the WH and why aren't they pushing back more on this feel good proposals.