Thread #62117254
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Ooooooo....
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Those figures will continue to increase when the Venezuelan infrastructure project is completed and the US seizes the Panama canal.
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nice still running at a 20 million barrel per day deficit
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>>62117706
They'll find out soon enough
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>>62118849
>>62118849
no lmfao, it's not possible to fill the global demand from the US and most of US produced oil is from fracking which is different and less useful than the dark Arabian oil
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>>62118885
I don't know if we're underestimating american oil production.
I think Americans can throw out all their ethics and other stuff and force 20 million extra barrels per day.
It's just a question of bootstraps and slavery right? Trump has no morals he can use all his prisoners to mine oil right?
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>>62118894
Even with slaves (which are ill equip for working oil rigs) the oil is still different, american refineries are not equip to use it, mostly gets taken and turned into plastics and shit instead of fuel.
Not all Barrels of oil are fungible, Saudi oil from under the desert is different from fracking oil or north sea oil.
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>>62118849
Somewhat, and it's rapidly increasing. Re-Fracking is going on as fast as it can, and workover rigs are doing other sorts of jobs that increase production. Some steam flood fields that I know of have increased injection pressures.
>>62118919
Sort of, yes. Oil can be lighter (predominantly shorter carbon chains - think "mineral oil") or heavier (predominantly longer carbon chains - think "tar"), and can be sweet (low sulphur content) or sour (high sulphur content), &c.
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>>62118919
They have different chemistry
Oil that has very low amounts of sulfur is considered "Sweet" where oil that has high amounts of sulfur is considered "Sour"
Most american refineries are designed to refine Sour crude that we import, but the import has come to a halt now, mostly us produces sweet crude.
Typically it's resolved by blending, but if there is no sour fuel then the whole operation needs to be reworked as far as I understand. I am sure the american oil industry is capable of it, but costs will be very high. and it doesn't seem there is anyway that the US could scale up to even 20m barrels a day before 2030, even including venezuela... less than comes out of hormuz usually and the majority will be used internally before exported if there is no more sour crude coming in i would imagine.
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>>62118937
>the whole operation needs to be reworked to process cleaner oil with no impurities somehow
Interesting. I bet that it's not true at all and you don't have to do anything to process sweet crude instead of sour crude, and the only thing that will happen is that the equipment that was overbuilt to handle dirty oil will last longer.
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>>62118937
Sweet crude can be handled by most refineries, it's sour crude that causes the problems.
>>62118937
Blending is done to allow refineries to process some amount of a heavier crude, not to allow a refinery to process a lighter crude. It can also be used to help meet contracted production targets of greases intended for lube plant customers if the primary feedstock is too light.
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While everyone is fixated on the oil issue, the actual financial crash may come from another source.
Everyone pay attention.
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>>62119739
Because everyone knows now that if they build a bunch of flying lawnmowers, your force projection becomes near worthless. If the global hegemon can’t open a waterway with trillions of dollars of armaments, you aren’t the hegemon anymore, just a washed up cuck impotently seething.