Welcome Guest

saying Biden isn't one of then is misleading - the energy

Posted on: December 8, 2022 at 10:45:42 CT
tigerinhogtown STL
Posts:
64069
Member For:
24.41 yrs
Level:
User
M.O.B. Votes:
0
policies are for less petroleum products in the coming years and more on EV.

What that means is that FUTURE gas & diesel will be down. So, when a refinery needs upgrades that cost has to be weighed against FUTURE needs, not current needs. The better choice is to shut down the refinery.

Now, gas usage will certainly decrease, but a decrease in diesel consumption requires a much bigger investment in EV vehicles. Nuke powered merchant ships are a boondoggle, no private company can take on the risk like the US gov't can for their navel fleet, john deere isn't making a big push to change their equipment to elec power, EV semi's just don't have the power needed to haul todays load. Trains are the most likely to be able to make the shift, but will require massive changes to infrastructure as well as equipment.

Use of diesel isn't decreasing anytime soon, so BIDEN needs to provide incentives to change refining capacity from gasoline to diesel, not incentivize the closure of refineries.

Furthermore, east coast refineries lack the ability to get the cheaper US produced shale oil to the plants and need to use product shipped in from across the Atlantic. Shutting down pipelines that can get that product to shipping locations is NOT helpful.

The US & the world are stuck with diesel for a long time, sure cut gas production and let EVs serve the bigger population transportation demand and eliminate Gasoline usage, but don't do so at the expense of food supply & retail goods that travel 99.99% on diesel.

Edited by tigerinhogtown at 10:49:03 on 12/08/22
Report Message

Please explain why this message is being reported.

REPLY

Handle:
Password:
Subject:

MESSAGE THREAD

Some good news - JayHoaxH8r MU - 12/8 07:43:11
     Indeed it is - MIZ45 MU - 12/8 09:58:57
          You mean prices will come up when someone farts - JayHoaxH8r MU - 12/8 10:41:25
               No. When your Joe furthers his green agenda - MIZ45 MU - 12/8 11:59:12
                    bahah - JayHoaxH8r MU - 12/8 13:20:27
                         Promising to shut down oil companies isn't going to result - MIZ45 MU - 12/8 13:42:08
                              It has nothing to do with anything - KC rules MU - 12/8 15:13:53
     Oil Companies - Shu MU - 12/8 09:45:49
          Probably not wanting - JayHoaxH8r MU - 12/8 10:41:53
          Let's not forget to give thanks to Putin, too! (nm) - MIZ45 MU - 12/8 09:59:52
     Some real news. Biden has taken from emergency reserves - MizzouTigerz MU - 12/8 08:21:05
     Gas prices were neverthe issue - people didn't stop driving - tigerinhogtown STL - 12/8 07:59:22
          There's a lot of reasons why diesel is higher than gasoline - KC rules MU - 12/8 10:08:20
               saying Biden isn't one of then is misleading - the energy - tigerinhogtown STL - 12/8 10:45:42
                    Not misleading. His policies have nothing to do with why - KC rules MU - 12/8 15:06:23
                    Perhaps these oil companies should build more refineries - JayHoaxH8r MU - 12/8 11:01:47
                         when policies are getting rid of need in 10 years - tigerinhogtown STL - 12/8 11:08:35
                              Diesel won't be gone in 10 years - JayHoaxH8r MU - 12/8 11:12:38
                                   or take the refineries you have and convert them to diesel - tigerinhogtown STL - 12/8 11:17:50
                                        Or build more - JayHoaxH8r MU - 12/8 11:31:14
          People stopped driving - JayHoaxH8r MU - 12/8 08:11:45
               You credit supply/demand for lower prices - Sal CMSU - 12/8 08:14:04
     So it’s 2 cents cheaper than the already high prices - Outsider MU - 12/8 07:48:07




©2025 Fanboards L.L.C. — Our Privacy Policy   About Tigerboard