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Saudi oil is lighter and sweeter than all others.
That makes it easier and more profitable to refine into gasoline, but it doesn't change the gasoline's CO2 emissions any.
All it really does is make Saudi oil a Best Buy over domestic oil. If the domestic oil is heavier, it's more expensive to pump and transport through the pipelines.
And then more expensive to refine into gasoline, twice over. American crude is thick and heavy. It takes more refining to make it gasoline, and more of the crude simply can't be refined highly enough to be gasoline.
The Saudi oil needs less refining to become gasoline, so more of it becomes gasoline and less of it becomes asphalt.
The price of crude doesn't ever include those other, hidden costs of pumping, transport and refining.
So Saudi crude can cost more than our crude, but still have more profit for the oil companies at the pump.
Of course it does, that's why the spot price is as much as $20/bbl different for various types of crude. Why would anyone pay more for stuff that's harder to process?
The original question was about the global environment. My answer would be no, whether you get a barrel of oil out of the ground in Saudi Arabia or from Texas, it doesn't change the effect it has on a global scale.
As for Biden crawling to the Saudis and begging them for more oil, well he's made a fool of himself yet again when they essentially told him to pound sand. If they want clean energy, fine. Transition to that over time. Suddenly cutting off oil production here does nothing but raise prices for the consumer, something the dimwitted Biden administration fails to understand, and the reason gas is $5 a gallon.
I see Biden's short-sighted tactics as nothing more than political posturing to appease the far left in the Democratic party. He's caught between a rock and a hard place trying to save the support of his party and doing something about the skyrocketing price of energy. Seems like it's backfired in both instances and one reason his poll numbers are in the sewer.
Anyone who has worked on USA oil rigs and oil rigs in Africa, South America, and middle easter nations can tell you environmentalist should be begging the US government to push for US oil production instead of these other areas as those other areas pollute the air, soil, and water in ways that would get a US rig shut down with hefty fines and possible jail time.
Mining for oil to produce petroleum is harmful to the environment, and using the products is harmful to the environment, including our atmosphere. (So is CO2 and Methane.) Burning wood/coal is harmful to the environment. Farting is harmful to the environment.
We've built all of our systems on using energy that is not renewable. They are killing our planet and all that live here, over time. The problem is that to stop using these insidious sources of energy would make us and our domestic stock unsustainable. If we stop using them we die. If we use them we will kill the planet and ourselves.
Biden is stalling by at least using petroleum that will not destroy OUR native environment.
The only true solution is to drastically cut back on our reproduction, move to a plant-based diet, and grow that fuel without using fuel. Even then, we are so far gone that it's probably too late.
There's a hard rain gonna fall.
Do you think what they’re proposing as a replacement is renewable? I didn’t realize rare earth minerals were renewable. In fact, rare is in the title so I doubt it.
WHAT IF - - -
"Someone" knows that the purported "undiscovered" oil reserves of the USA are bogus?
And that "they" know that the domestic supply would only support 5 - 10 years of consumption (at current levels)?
And that "they" figure that shifting to imports is one way to stretch out that supply?
THIS IS ONLY SPECULATION AND NOT AN ASSERTION THAT WE'RE RUNNING OUT OF CHEAP AND PLENTIFUL FOSSIL FUEL WHILE SUBIDIZING THE WASTEFUL CONSUMPTION OF IT, AND PENALIZING ALL FRUGAL ALTERNATIVES, FOR POLITICAL GAIN.
If our dear leader wanted to stretch out the supply then why sell our strategic oil supply?
The original question was about the global environment. My answer would be no, whether you get a barrel of oil out of the ground in Saudi Arabia or from Texas, it doesn't change the effect it has on a global scale.
As for Biden crawling to the Saudis and begging them for more oil, well he's made a fool of himself yet again when they essentially told him to pound sand. If they want clean energy, fine. Transition to that over time. Suddenly cutting off oil production here does nothing but raise prices for the consumer, something the dimwitted Biden administration fails to understand, and the reason gas is $5 a gallon.
I see Biden's short-sighted tactics as nothing more than political posturing to appease the far left in the Democratic party. He's caught between a rock and a hard place trying to save the support of his party and doing something about the skyrocketing price of energy. Seems like it's backfired in both instances and one reason his poll numbers are in the sewer.
Thx for bringing the discussion back to the OP. I was thinking along the same lines as you...Biden's trip to Saudi Arabia is more politically motivated than it was to actually solve the problem of high gas prices.
Anyone who has worked on USA oil rigs and oil rigs in Africa, South America, and middle easter nations can tell you environmentalist should be begging the US government to push for US oil production instead of these other areas as those other areas pollute the air, soil, and water in ways that would get a US rig shut down with hefty fines and possible jail time.
I was thinking the same...U.S. energy producers must be greener than those overseas...so why not max out our own production instead? Obviously, its for political purposes.
Saudi Arabia has doubled the amount of Russian oil purchased from 21' to 22'.
So in effect, Joe the dumbo is negating his own sanctions.
You have to remember, Biden's sanctions aren't aimed at hurting Russia. In fact, by driving the price of crude up, he is enriching Russia. The only ones he hurt were American citizens. As was the goal-everything the modern Democratic party does is aimed at harming America and American citizens.
I agre with you, Biden's trip to Saudi Arabia is a farce....political theatre, and generating more 10% for the big guy.
Quote:
Originally Posted by Ponderosa
The US does not import much Saudi oil. About a half million bbl per day out of 20 million or so we consume. Increased production would not go to the US but onto the international markets.
Our imported oil comes from Canada mostly. We also sell much of our domestic production overseas. If more Saudi oil were out there then we might sell less outside of the US. When I say "we" I mean the oil companies. Our government does not control them. In fact some of the biggest oil companies in the world that we buy our gas from are not even US corporation (Shell, BP, Total).
The point here is that oil is a global commodity and Biden has virtually no control over it other than stumping to get foreign and domestic privately owned producers to open the taps. Decisions about production are made on economic realities not campaign rhetoric from a US president or environmental red meat being tossed to the base. Carping about Biden and oil prices is nothing but political posturing.
Supposedly its a crap grade vs what we have here and requires more processing .
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