Oil producers want U.S. to restrict imports By Kevin Robinson-Avila / Albuquerque Journal Staff Writ

Discussion in 'Energy' started by bluewill67, Jul 8, 2016.

  1. bluewill67
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    bluewill67 Rookie

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    “Why are we buying imports from the Middle-East when OPEC has launched an offensive to basically shut down our industry?” Dr. Daniel Fine said."
    The full article is here -> Oil producers want U.S. to restrict imports
    ALBUQUERQUE, N.M. — New Mexico and West Texas oil producers are gearing up for a national effort to draw all major U.S. oil basins into a grassroots movement to restrict crude imports from overseas.

    Leaders of the Panhandle Import Reduction Initiative, which launched in April in the Permian Basin, are seeking public meetings and rallies in other oil-producing zones to convert what’s now a regional initiative into a national movement, said Daniel Fine, associate director of the New Mexico Center for Energy Policy, who is working with local producers.

    Those efforts will kick off in September with a presentation at the fourth Southeastern New Mexico Energy Summit in Carlsbad. After that, initiative leaders expect to hold public meetings in other shale oil basins, including the Bakken in Montana and the Dakotas and the Eagle Ford in South Texas.

    “We’ll take it to Carlsbad first, and then it goes national,” Fine said. “We want to organize public rallies with producers and field workers whose jobs are at stake. This is a grassroots effort in the basins where the oil bust has taken place.”


    The initiative is a reaction to the Organization of Petroleum Exporting Countries’ aggressive oil-pumping policies since mid-2014, which have helped drive global oil prices to ten-year lows and thrust domestic U.S. production into crisis. Initiative leaders say those policies were a deliberate effort by the mid-Eastern members of OPEC, particularly Saudi Arabia, to drive U.S. producers out of business.

    Banning crude imports from overseas would undercut OPEC’s ability to manipulate prices, they say, and allow U.S. producers to ramp up domestic production to supply the U.S. market.
     
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  2. Mr. H.
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    U.S. producers would "ramp up" production only if crude prices warranted it.

    Our refineries can't operate without shitty dirty heavy foreign crude oil. That's how they were designed 40 years ago because our over-dependence on OPEC oil. Today, domestic crude is blended with imports.

    It's a neat concept but it won't fly without major modifications to our refineries because domestic crudes are light and "sweet" by comparison to imports.

    You should be more concerned with the RFS Standards. The Ass-Fucking American Farmer is doing more to fuck up our crude markets than is OPEC.
     
  3. Agit8r
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    Agit8r Gold Member

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    Don't expect the big multi-nationals to sign on.
     
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  4. Mr. H.
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    Mr. H. Diamond Member

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    Shaddap. :slap:
     
  5. Mr. H.
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    Get my pipe and my slippers and go clean the goddamn dishes.
     
  6. IsaacNewton
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    IsaacNewton Gold Member

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    LOL You are quite the angry peck aren't you.
     
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  7. BULLDOG
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    They weren't designed that way 40 years ago. They were recently converted to use much heavier oil. There was a all out massive effort and many millions of dollars spent in the last several years to enlarge and focus the refineries to better accept that nasty bitumen they wanted from Canada and crap from Venezuela . They really aren't able to deal with the good stuff now. If they wouldn't have been so greedy, they would be in a perfect position to take advantage of all the oil we have here now.
     
  8. william the wie
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    william the wie Gold Member

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    With prices preparing for a drop as more crude is coming on line in Iraq and Iran the proposed move is useless.
     
  9. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    Why are we buying imports from the Middle-East

    Because cheap oil is better than expensive oil.

    “We want to organize public rallies with producers and field workers whose jobs are at stake. This is a grassroots effort in the basins where the oil bust has taken place.”

    Yes, thousands of oil workers should be able to convince hundreds of millions of oil consumers.

    Banning crude imports from overseas would undercut OPEC’s ability to manipulate prices

    It would also undercut our economy.
     
  10. Mr. H.
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    Mr. H. Diamond Member

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    The senility is strong in this one... :slap:
     

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