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we have the highest regulatory costs, production costs are the same everywhere, it is only the regulations that change
I am sure what you know about wells, is very shallow
it dont matter where you grew up, it dont make you knowledgeable about oil, google search experts, quote awayI grew up in Ghawar. Nope production costs are double in the US and we rate it the middle on production pollution. Not as bad as Venezuela but twice as bad as the OPEC producers.
We have no economies of scale and most US wells produce less than 50 barrels per day.
it dont matter where you grew up, it dont make you knowledgeable about oil, google search experts, quote away
and you think that graph shows increased refining capacity?
That graph you linked to shows the percent of existing refining capacity being used. We lost the largest refinery in the North East, it was shutdown and closed forever. The graph you show, does not reflect a lost of refining capacity, just what is being used.
And yes, exports are up, meaning we have less supply in the USA which means we pay more.
Repubtards wanted to kill more northern refining capacity with Keystone XL Pipeline. That pipeline would have sent all our North American Oil to Texas, thus starving the northern refineries. We would have been entirely reliant on one states politics threatening the entire country. Also concentrating all our production into damaging hurricane region and setup for easy terrorist attack.We lost the largest refinery in the North East, it was shutdown and closed forever.
And yes, exports are up, meaning we have less supply in the USA which means we pay more.
Lol. Keystone xl only benefits the Chinese owners of Canadian tarsands. There is zero benefit to US consumers or taxpayersRepubtards wanted to kill more northern refining capacity with Keystone XL Pipeline. That pipeline would have sent all our North American Oil to Texas, thus starving the northern refineries. We would have been entirely reliant on one states politics threatening the entire country. Also concentrating all our production into damaging hurricane region and setup for easy terrorist attack.
We are paying more due to Trump & Republican debt & money printing.
we have the highest regulatory costs, production costs are the same everywhere, it is only the regulations that change
According to this report only 5% is owned by chinaLol. Keystone xl only benefits the Chinese owners of Canadian tarsands. There is zero benefit to US consumers or taxpayers
www.straight.com
According to this report only 5% is owned by china
Report shows 70 percent of Canadian oilsands production is owned by foreign companies and shareholders
While 10 of the 14 publicly traded oilsands companies have Canadian headquarters, only two of them—Athabasca Oil Corporation and Pengrowth Energy—are majority owned by Canadians.
globalnews.ca
The chinese share totals 5%Several Chinese companies have majority holdings in tarsands.
Chinese companies commit to Alberta oilsands despite setbacks | Globalnews.ca
While some European and U.S. companies cut their exposure to the Canadian oilsands, China's Big Three oil giants -- CNOOC, PetroChina and Sinopec -- seem content to let their bets ride even if the results haven't been spectacular.
Seems like you are agreeing with me and disagreeing with the moron elektra, so your “Nope” response makes no sense if it is meant as a reply to me.Nope production costs are half as much in OPEC countries. Their wells produce 500 -1500 bpd and are integrated with pipelines. They also use Christmas trees rather than old time rocker pumps.
Seems like you are agreeing with me and disagreeing with the moron elektra, so your “Nope” response makes no sense if it is meant as a reply to me.
we all get it, you grew up in the middle east, around oil men, a very unique experienceIn an oil camp surrounded by petroleum engineers and drillers for the largest, most well integrated oil company in the world.
I see you have displayed your intelligence. Thank you for not having any facts that have disputed what I have stated.
as if you know anythingRepubtards wanted to kill more northern refining capacity with Keystone XL Pipeline. That pipeline would have sent all our North American Oil to Texas, thus starving the northern refineries. We would have been entirely reliant on one states politics threatening the entire country. Also concentrating all our production into damaging hurricane region and setup for easy terrorist attack.
We are paying more & exporting more due to Trump & Republican debt & money printing.
View attachment 857391
Trump had his appointee Steven T. Mnuchin print 5 times more US Dollars.
This shows your ignorance and lack of comprehension. I never stated the government built oil refineries.The government doesn't build oil refineries.
sadly, you were growing up, not an engineer actually working, got it, I grew up in detroit, so I am an expert on the auto industry.In an oil camp surrounded by petroleum engineers and drillers for the largest, most well integrated oil company in the world.
Lol. Keystone xl only benefits the Chinese owners of Canadian tarsands. There is zero benefit to US consumers or taxpayers
Several Chinese companies have majority holdings in tarsands.
Chinese companies commit to Alberta oilsands despite setbacks | Globalnews.ca
While some European and U.S. companies cut their exposure to the Canadian oilsands, China's Big Three oil giants -- CNOOC, PetroChina and Sinopec -- seem content to let their bets ride even if the results haven't been spectacular.
