The crude oil storage in Cushing, Oklahoma, is the global benchmark for WTI crude oil. Once the inventory hits the 20 million barrel mark, it is considered deadstock, meaning oil can no longer be extracted. This makes 20 million barrels the absolute functional minimum. While the total capacity is approximately 76 million barrels, a healthy inventory level is typically between 30~40 million barrels. Despite the weekly release of 4.1 million barrels from the Strategic Petroleum Reserve (SPR), current inventory has plummeted to 29.8 million barrels. If this trend continues, Cushing's reserves will be depleted within a month, leading to a total collapse of oil supply within the US.
>>533264522a month? seems a couple weeks too optimistic a time frame
>>533264522I’d give it 2 weeks
>>533264622If the current weekly drop of 1.7 million barrels accelerates due to panic buying, the US could hit the 20 million barrel deadstock limit in less than two weeks.
>>533264522Literally a nothingburger. It's at its normal values.
>>533264522link to data?
>>533264522>the US uses 20 million barrels of oil per day>the US produces 13.5 million barrels of oil per dayHmm… for some reason I thought we produced more than we use.
>>533265171>crude vs total petroleumMakes sense
>>533264522>30-40 million healthy inventory>Current inventory 30 millionWhy not post a 3-4 month timeline so we can see if there's an actual problem. You're telling me we're a rounding error from normal. Is picrel what you're telling me is a catastrophic issue?
>>533265276>ai summaryI can't respect anyone willing to outsource thinking. I hope you never vote or reproduce
>>533265075Think this is it:https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPC0_SAX_YCUOK_MBBL&f=W
>>533265323You're misreading the context of that chart. Looking at a 20 year trend is irrelevant when the fundamental supply chain has been severed. In previous low-stock periods, the global oil flow was still functional. Right now, with the Hormuz blockade and a direct confrontation with China, there is no replacement for the oil being consumed. Even with the government dumping 4.1 million barrels of SPR into the system weekly, the inventory is still dropping. In short, That is not a rounding error, that is a massive systemic leak.
>>533265516I agree with you. I was lazy and got sloppy. Sorry.
>>533264983What you wrote mixes a few real concepts with some incorrect conclusions. Let’s break it down carefully, because this is an important distinction for both markets and your futures question.1) “Deadstock” at ~20 million barrels — partly true, but misunderstoodAt Cushing, Oklahoma:There is a minimum operating level (often cited ~20 million barrels)Below that, oil becomes hard to move due to:Pipeline suction limitsTank design (you can’t fully drain tanks)Operational constraintsBut:This is not a hard zeroIt’s a logistical floor, not “we run out of oil”So “deadstock” ≠ unusable forever — it just means flows become constrained and inefficient
>>533265531I'm not looking at the 20 year average. I'm looking at the last 2 years and we're right in the middle of the last 2 years. We're also at the bottom of end of what you tell me is healthy.Seems like if current depletions continue, we could have a problem in 2 months.
>>533265526thanks
>>533265632Calling it a logistical floor is just a polite way of saying the supply chain has had a heart attack
>>533265069Can you point out a single time in that chart where the US was simultaneously executing a total naval blockade of the Middle East?
>>533265808North America is not Asia. There’s ample supply of heavy crude from Canada and now Venezuela. The bottleneck is actually refining capacity to turn that heavy sludge into “WTI,” and after that turning “WTI” into refined petroleum products like gasoline and jet fuel. We’ll be fine.
>>533265644which strait will be open in two months?hormuz?bab el mandeb?neither?i realize its speculative but past 40 days have flown by and iea is making dire declarationsaside from pure chaos what are plausible contingency?
>>533266006Heavy crude requires sophisticated refining and blending with light grades like WTI to produce jet fuel and gasoline. With Cushing hitting the deadstock limit, that blending process breaks down. You can't just flip a switch and turn Canadian bitumen into jet fuel overnight. While you wait for the sludge to be processed, the US domestic flight industry and trucking fleets will have already ground to a halt.
>>533266298Nah, there’s also lots of light sweet in North America as well, we’re not short of diluent, it’s just cheaper under normal circumstances to import it from the durkha durkhas. Nothing is grinding to a halt here, it’s just more expensive. Places like worst Korea, Japan and Australia are pretty fucked under the circumstances though, that’s for sure. Should’ve sucked American cock harder.
>>533265974That’s like demanding to point out when mercury was in retrograde; it doesn’t effect it (we don’t get oil from Iran fuckwhit)
>>533266468In a complex economy, once energy prices cross a certain threshold, the logistical math fails. It doesn't matter if there's light sweet crude in North Dakota if the cost of moving it and refining it exceeds the economic value of the goods being transported. When prices skyrocket due to a 70% fertilizer crisis and a total naval blockade, it leads to hyperinflation and immediate rationing. A more expensive gallon of diesel is useless to a trucker who can't turn a profit, and when the trucks stop, the grocery shelves go empty. Your optimism ignores the fact that a systemic heart attack starts with high blood pressure>>533266543Dude... about 80% of US aviation fuel is imported from Korea.
>>533266730It’s all interconnected sure but even with an abysmal EROI of like 7:1 for heavy crude it’s evidently still “profitable,” which is to say feasible to run an economy on it. You know who also makes a lot of nitrogen fertilizer? America. Even if it pushes the local economy into a recession, who cares? North America literally has every resource needed to remain self-sufficient indefinitely. No one here will starve and Iran will eventually submit or get their shit kicked in. Again.
>>533266730So if you're not a troll or some FUD shill maybe you can explain something to me. The paper futures market and the physical delivery market are wildly disconnected. I suspect this is some sort of market manipulation. Recently there have been articles talking about how refineries are running on negative margins due to this. What do you think will happen when this market manipulation ends and price discovery is allowed to happen? Immediate demand destruction?
>>533267227The issue isn't whether North America has resources, it's the immediate physical shortfall in the next 14 days. An abysmal EROI of 7:1 means you need massive amounts of energy just to extract and process that heavy crude. Where does that energy come from when the diesel and light sweet stocks are hitting the deadstock floor?
>>533267337I mean, you ignore that the US is the world’s largest importer of refined petroleum products, including about 80% of Coast aviation fuel coming from places like Korea. When the Hormuz blockade hits those Asian refineries, that flow stops instantly. Negative refinery margins aren't a sign of manipulation, they are a sign of a dying system that can no longer afford the input costs
>>533265069That's a very clear Head and Shoulders pattern.
>>533267641Maybe you’re right and we’ll start seeing a real supply crunch here in NA but I doubt it. It’s a stock vs flow sort of situation in my view, and I don’t think it’ll impact us here nearly as badly as Asia ex -China, who incidentally has a massive strategic reserve and won’t share. As far as I can tell shit’s moving through the Hormuz again anyway, albeit at a reduced rate. Demand destruction is also a thing. I’m not worried is what I’m trying to say.
I CAN'T RESOORVEhttps://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCSSTUS1&f=W
>>533265632> ~> — Bot hands wrote this post.div/0 nigger!
>>533265069What's demand compared to 2005 doe
>>533267781My point is that the input and output costs should make sense and since they are so widely separated so I agree the system is sick. But I guess we want to find out the hard way just how much production the US has offshored in previous decades.
>>533267998The global oil market is a single pool, and the moment supply drops in Asia, prices don't just go up, the physical ships stop moving toward your ports because they get rerouted or stuck in insurance limboAnd you keep talking about demand destruction like it’s a policy choice, but in reality, it means your neighbors lose their jobs and the food supply chain collapses because trucks can’t afford to runWhen Cushing hits the floor, your stock vs flow theory won't put fuel in your tank
>>533264622THIS IS NOT A TIME FOR JOKEY JOKES!
>>533268401>your neighbours lose their jobs etc And the economy restructures itself dynamically around the new reality. I’m not sure the point you’re trying to make. Fossil fuels are like a deal with the devil, we’re in too deep, but that’s the deal we’ve got. America is so rich the poor people die of obesity, not starvation. It’s just how it is.
>>533268234The problem is that you don’t find out the hard way by testing the system, you find out by watching the entire economy collapse in real time. Offshoring isn't something you can reverse in a few weeks just because there's a crisis. It takes years to build the high-complexity refineries needed to replace the jet fuel we currently get from Korea. While you're busy finding out how much production was moved offshore, the physical stocks in Cushing will hit zero and the planes will stay grounded. You're treating a fatal hemorrhage like it’s a curiosity
>>533268401Ok you're just being petulant and assuming the worst case scenario in all things. I'm sorry I tried to take you seriously when you're just trying to gain company for your personal misery.
It has never been a better time to be a Russian citizen.
>>533268682America is rich in capital but they can’t eat money, and they can't run a combine harvester on obesity. When the 80% of refined fuel from Asia stops and Cushing hits the deadstock floor, the grocery stores don't dynamically restructure, they just go emptyNorth America isn't a magical island immune to the laws of physics and logistics
>>533268777He's assuming a worst case scenario because the war you fucking retards started is creating a worst case scenario right before our eyes.
>>533264522>its 0.2 m barrels below the healthy line Ok..
>>533269060What part of >North America has every resource required to be self-sufficient indefinitely are you hung up on? Sure it takes time to restructure the economy and restore manufacturing. What do you think the driver for all this is? When should we start doing that if not now?
>>533264876A fortnight I've heard
>>533269060>reeee you are all fat reeeee I hate you>reeeee doom to your nation reeee I will dance on your graveYou're spreading fud and failing pretty hard at keeping of a veneer of sincerity.
>>533268777I’m giving you a data driven forecast, while you’re just giving me a character critique because the numbers make you uncomfortable lolWhen the fuel stops flowing and the grocery shelves go empty, your optimism won't be able to fill a single truck
>>533264522Czech’d, gooning to mischievously slutty redhead sister porn.
>>533264522Great idea for Trump to double block the Strait! That was a no brainer for him, naturally!
>>533265069For a population of 280 million, not 489 million. Scale is the issue. Remember no one has changed the population size with respect to their projections from 20 years ago when world peak oil was declared...then quieted since nothing could be done anyways.
>>533269535No I'm identifying your real purpose. You added a data table as an afterthought to try to fake legitimacy of your statements then just went into your actual purpose-to browbeat and be condescending. And even when called out on this you just double down. You're just another faggot in an endless list of fud shills.
>>533269060An informative doomer. Neat. Any guesses as to when the Asian and USA oil game stops and the stock markets commits seppuku?
>>533266006Not many job postings or announcements of expansion from fort McMurray. There's a reason and it has to do with water resource constraints. Can't "mine" oil without it, might want to go double check the situation because last I was there...well, let's just say they don't need labour when the tap runs dry.
>>533268736>>533264522Rare quality posts from a person who knows what’s up.Everyone in the west has been divorced from reality for so long that they can’t acknowledge the disaster that’s coming. >>533269775The only shill here, albeit unwitting, is you. “Stay comfortable, everything will be fine, just keep consooming cause Murica never loses”You’re just like those fools in February 2020 who saw China locking down entire cities of tens of millions and all the warnings from expats over there, but dismissed it all as a foreign panic that had nothing to do with you
>>533269863That’s the Venezuela play. They have much more heavy crude than we do and Canada is going to be in a bad way when that production ramps up. The gulf refineries are already set up to process it and our government just throws roadblocks to increasing pipeline capacity.
>>533264522Our oil based energy needs are not met with WTI crude. Almost all of it gets shipped overseas. We only use foreign oil, now mostly from Canada, Mexico and Venezuela in American refineries. We basically trade our light sweet crude for that thick heavy sour crude. And we can drastically ramp up production levels from their current on the floor volume here. Which will likely happen with all of those tanker ships headed to the Gulf of Mexico now. But it will take a couple of years to get that production to catch up.. I'm coming out of retirement for the boom. I'm already talking to some of the companies I used to work for: Baker Hughes INTEQ, Schlumberger (SLB) even Wedge Wireline Inc.. For as much money about to be sloshing around, I'm definitely getting in on some of the action. I've already plowed about 33% of my portfolio into these companies and other exploration stocks since March 27th.
>>533270023I never claimed any of that. You are just a broken record lying and lying. What an absolute pathetic faggot.
>>533269218You’re talking about a decade long industrial project while the house is literally on fire lol Yes, you should start now, but 'starting now' doesn't put fuel in the tanks for next week.
>>533265974Your problems in Korea ain't our problem Jhoon Yoon. We're good.
>>533270202Several decades. It took China 20+ years to hollow out North American manufacturing after their entry into the world trade organization, I fully expect it to take longer to reverse if that’s even possible at this point. That’s what this whole thing is about: decoupling. No pain no gain. Good luck with the norks.
>>533270051Wow someone not retarded... This website is dog shit... Notice gook boy never actually explained and made you do it. Fucking pathetic.
>>533269775Well.. You're so desperate to believe in your self-sufficiency myth that you view a literal math problem as a personal insult lol
>>533271002Shut up faggot you've provided zero information supporting anything you say besides a graph that proves nothing. You are getting crushed by the replies. Either a troll or literally retarded... Which American base in South korea are you posted? Post where you are sitting with a pol timestamp...
>>533268736Anyone with half a brain knows ofshoring manufacturing for (((personal profit))) isn't sustainable. Jews sold the country out for a buck and now the world gets to curbstomp their empire based on theft.
>>533270461Again, "No pain no gain" is a slogan for gym rats, not a viable strategy for an economy facing a total energy blackout in 14 daysYou’re talkng about a 20 year decoupling process while the patient is bleeding out on the table today
>>533271364Prove me wrong...
>>533271364Its funny how stupid jews and their pawns are. The only move is to enjoy the collapse with a beer. You can't stop what was set in motion. Nobody can. The problem started 50 years ago.
>>533271455South Korea? The SEA countries shutting down school, universities, and governments due to Iran oil shortages? Dumb fuck. Yeah let's get out and push our US army tanks around.
>>533271364Just so we know I'm not the liar here....
>>533271364Alright concern troll, you’ve got me worried now. I’ll write my local member of parliament and ask them to write a firmly worded letter to the US, aipac, China and Iran and ask them all to play nice. What more can I do?
>>533264876no more than 336 hours I reckon
>>533270241>>533270241Again, Korea's problems are America's problems.Why?? You import 80% of your aviation fuel from Korea. The US relies heavily on air transport because of its vast land area.
>>533265531>>533265974> muh hormel straightHow does this affect the United States personally?>>533266468This guy gets it>>533269863North America has limitless reserves of fresh water. This is only a problem in Third World hellholes like California, Texas, and Iran.
>>533271977How does 20% of the worlds oil supply getting cut off in a globally financialized economy effect america?How do SEA countries america needs for manufacturing, running out of gas, effect america?IDK how you jews are so dumb. Ruin america then pretend you don't know why.
>>533271882I believe this proves my point... Hope command doesn't find out how bad you are at this. Absolutely pathetic
>>533272090>if I deny reality and post smug memes that makes gas teleport to SEA
>>533264522Oil prices are going up again MAGA niggers.
>>533272181The fact you elgin fags are sucking his dick makes it less convincing not more... Absolute retard tier argumentation.
>>533271563>>533272090Why do I have to post my location? lol
>>533272426Prove you aren't American.
>>533272426You can actually just post your skin sitting at your desk... It doesn't need to be your location... Literally anything proving you are south korean
The oil shortage is grinding my gears guys
>>533271882AMERICA IS CURRENTLY SELLING TONS OF JET FUEL AT HIGH MARKUP TO YUROPJET FUEL IMPORTS TO AMERICA ARE MOSTLY ON THE WEST COAST AND EVEN THEN LESS THAN 20% OF WEST COAST SUPPLYDONT WORRY ABOUT ISOLATIONIST SHILLS TRYING TO SHILL AMERICA OUT OF THE PACIFICKOREA IS FIRMLY WITH AMERICA BUILDING NONSTOP AEGIS DESTROYERSJAPAN IN COORDINATION WITH AMERICA IS RELEASING GORILLIONS OF BARRELS FROM ITS 470 MILLION BARREL STRATEGIC RESERVE
Kek turdworlders believe this insane drivel in earnest. No, an infinitely producible good is not a threat to American hegemony
Crazy how difficult and time consuming it seems proving the thing you say you are is eh... Why doesn't poor dumb retard me have that problem?...
>>533272540Whether Im American, Korean, or a Martian has zero impact on the fact that Cushing stocks are hitting a critical floor while you rely on a fractured global supply chainJust admit that the reality of the situation is too terrifying for you to face without trying to categorize the messenger lol
>>533273057Kek you being a liar is actually very relevant to you being a liar... Try again
>>533264522AI says you're alarmist, wrong and a flat out retard.
>>533273057That's what I fucking thought faggot.
>>533272833Crude oil is not jet fuel. You can't fly a Boeing 747 on raw strategic reserves
>>533266006Yeah, it's in some ways worse because it uses more oil for every dollar of GDP.
>>533272070You're right, we never built stuff here before and CPUs weren't darpa projects before we off-shored their production to Asia. The US also isn't the world's largest oil producer and our BRICS rivals and their 5th columns here in America definitely don't need that oil more than we do.Sorry for being so wrong and retarded :(
>>533268777I'm begging the hawks to learn simple subtraction.
>>533272939American hegemony is built on the dollar recycling system backed by energy flow, and when that flow is physically interrupted at the Strait of Hormuz, the entire financial architecture fractures
>>533270202An energy transition requires energy on itself, which is now far more expensive in an energy crisis. Miggers really are fundamentally innumerate.The silver lining is that slopulism should be dead for 20-30 years because everyone will have a living memory of how government run by people that can't do simple math turned out.
>>533265531Uh huh. And how much of Chinas domestic production can they divert to their reserves?We have wrecked Chinas Iranian proxy. Now we are making them consume the oil they had stocked up for the invasion of Taiwan. As with the missiles, this is running down our own stock, but they'll run out before we do.
>>533274336Who cares? They use something like 33-50% of the oil we do per capita. You can't say you won after blowing yourself up with a hand grenade because someone else you dislike got a scratch.
>>533265323>Zoom out the chart>OP was just a retarded faggot all along/threadAll fields
>>533274585>They use something like 33-50% of the oil we do per capita.That would mean they use a lot more oil than us. Do you need me to explain what per capita actually means, and why that matters when you're comparing the US to China?
>>533274336Even assuming everything you say is true, dying together is not a victory
>>533264522Ok, chan.
>>533274823See>>533265531
>>533269485nite*
>>533274336Kek anon he is literally a zogbot just ignore him. He's not even allowed to have opinions other than those his Jewish masters prompt. It's why he can't respond to anything legitimately. I know it's hard. But don't let him troll you
>>533274585PER CAPITA IS IRRELEVANT CHYNA IS LITERALLY BEING CHOKED OUTSMALL PRICE TO PAYNOW THAT THE HORMUZZY GOT REALLY CLOSED BY AMERICA CHYNA IS PANICKING
>533275162Already read your retardation enough in other threads. You're a clueless moron who doesn't understand what you're talking about. Your threads get extra sad when you start giving yourself (You)s like this.
>>533275011It means that the Chinese can take the bus or train and reserve petroleum products for industry, agriculture, and logistics while North Americans are paying $10/gal.
>>533275316>North Americans are paying $10/gal.Gas prices were higher under Obama than they are now. Lurk moar zoom zoom newfag.
>>533275420True but people are currently living on much thinner margins due to inflation... And higher gas prices will increase said inflation
>>533275420Miggers' change of history
>>533265531>In short, That is not a rounding error, that is a massive systemic leak.AI post
>Criticize a nigger>Non-whites come out of the woodwork to defend him
>>533275758look it up retard it's true, we're at biden gas prices right now after six weeks of hormussy denial and iran shot its missile wad without getting a single american ship
>>533276009Make a shit tier argument... yell like a kike about nothing when people refute it.... How incredibly predictable. Explain why I'm wrong or you are another eglin kike. Simple as faggot
The thing is, it's a global market. So the reason our prices go up is because the oil companies here are exporting more to fill supply gaps in other areas. If it got bad enough w\ enough backlash, I wouldn't put it past this administration to take unusual or severe steps to remedy that.
>>533276081Don't worry. The day you start missing Joe Biden will come within two weeks lol
>>533266298Spirit airlines is going bankrupt next week
>>533276162>Doesn't own a vehicle>Pretends they know historical gas pricesNo one asked you, jam boy.
>>533276793Kek post car... Let's see who is better anon
>>533274336>We have wrecked Chinas Iranian proxyHow the weather in your alternative reality?
>>533274585>per capidaChina's oil thirsty economy requires 5 billion barrels per year lol. They have approx 3 months of reserves.
>>533277026Sure, meet me here in four hours and I'll post a timestamp photo in my garage. (Three cars and three bikes.)
>mutts spent the last two weeks trying to brag about their domestic oiloh no
>>533277398Kek no faggot that's not how this works... You made the presumption. Since you don't have a picture of any of them I'll assume they are all dogshit. Not waiting till your senior officer kike says you can leave to run home and prove the goyim wrong. Fuck off jew
>>533276081Only if morons believe your lies about the Gerald Ford.Also, whatever happened to that poor oil supply ship of yours? Split in half and it sank.Don't drink too deeply of your diarrhea.>>533276367Why would a KAI care about US oil prices enough to want to warn 4cuck, what's the end game?As far as you're concerned 98% of this board is filled with furry basement dwellers, so seems strategically unsound to warn them.
>>533278293Memeflag
>>533276793>owning a car means I'm psychic about worldwide oil pricesDo your cars tell you about the best spot prices for wheat and grains, too?>brown's law>the longer a thread goes on for, the higher the probability a zio-faggot will call someone brown in defense of jewish pedophiles
>>533278333*tips hat*Thank you for noticing.Not a zio-faggot though, I just like my privacy.Eyes on the prize.
>>533265531I am not ok with, what your doing here.
>>533278423Thinks memeflags create privacy... Quite the vpn you've got there you dumb nigger. By privacy did you mean being disingenuous? Worried the south Korean flag would be too obvious? Samefags are same. Wow.
>>533270039There's just no more water to pump into the oil fields without making Fort McMurray completely uninhabitable.
>>533278804Explain why...
>>533277728>Since you don't have a pictureWithout a timestamp it's meaningless. This isn't reddit, we don't believe random images some faggot googled. Now post your garage (assuming you have one) with timestamp (and (brown) hand lmao)
>>533278976No you fucking retard. We have advanced reverse image search tools. Any image you post with zero references on the Internet I would clearly consider real. I don't need a timestamp. You started this faggot. Go...
>>533278968Ground water depletion due to already using so much of it to fill in the oil wells.
>>533278621I appreciate the hazing but I think you'll find my command of the English language far surpasses yours, therefore, not South Korean.>>533278976>still thinks cars give him psychich oil prices>derails with irrelevant obsession>bad faith debatek zio-faggot, go take your medslet us know when the voices from the cars stop
>>533279243So importing water solves all of your problems?
>>533279344Naw nigger if anything that would suggest you were an (((accomplice)))... Terrible argument. Could just show flag though
miggers are going to be on their hands and knees banging their heads on the ground BEGGING for Biden before the Iran war is over. they'll be swearing up and down that they never voted for trump before they get carted off (pulled by horses cause no oil) to the Wall
>>533277449This is what everyone besides the miggers looking at manipulated futures markets were warning about
>>533279243I’d be willing to take your word that we’re at capacity in northern Alberta, I don’t know. It does seem pretty grim to me that we resort to rinsing tar off sand but I stand by my assertion that Venezuelan oil basically makes our supply largely irrelevant anyway in the medium to long term. Their tar is at warm topical temperatures and is a short tanker ride away from the gulf coast, we’re chilly and have to ship by pipeline and everyone gets all nimby. Venezuela complains? Regime change! What a world.
>>533280568We are depleting the ground water by pumping it underground... Anon
>>533275252>Canada on a crude import chartfucking maratime idiots
>>533264522Pol education. We export oil, we have more than enough.
>>533280636I’m not an expert but if there’s one thing Canada has in abundance it’s fresh water. The Mackenzie river is plenty big. Point is our supply isn’t really important if the US has unfettered access to Venezuelan oil. We’ve been replaced.
>>533264522>it is considered deadstock, meaning oil can no longer be extractedI was confused by this but it turns out that oil tank farms rely heavily on gravitational pressure, and once the levels fall too low there isn't enough pressure in the pipelines. Also the oil near the bottom is dirty and as the level falls the roofs of the tanks (which normally float on the oil using pontoons) sink and the pontoons rest on the tank floor, allowing dangerous flammable vapors to build up. This might explain the recent refinery fire in Australia.
>>533280844Kek no the point was the thing he said was nigger tier retarded... I'm dumb can you explain how Venezuela replaces us?
>>533279425zio-faggots have an absolutely shit command of English, please, don't insult me like that. I decline to acquiesce your request on the flag. We need not fight, I'm here to ruffle some zio-faggot feathers, and you're no zio-faggot so I see no reason to contend.>>533280844Venezuelan sour is arguably one of the more terrible fuel grades, it's closer to tar sand than it is normal oil. Why do you think the oil companies declined to move back in after Trump insisted?Also when is the KAI poster coming back, I made a query and they appear to have bailed.
>>533281055Ya I just think you are a zogbot is all. Suck my dick all you want you can't change my mind without proving otherwise. Simple as
>>533280650Faggots in Quebec won't let us have the pipeline. Take it up with them.
>>533271455What are you implying, that we'll just take worst Korea's jet fuel or seize control of the refineries? I guess that would be a good way to get SK and Japan to make up and be BFFs again
>>533281055Canadian tar sands crude is not high grade. There are some almost inconceivably large piles of sulphur dotting the landscape here, it’s a solved problem. I’m just saying that in the event that they get production going at a decent rate in Venezuela, Canadian oil becomes even less valuable, and it sells at a mighty discount already because it’s landlocked and we can essentially only sell to the US anyway.
>>533281546So your entire argument is Venezuela will scale up production before Canada can?.. remembering they currently have 1/5 of ours?
>>533265171you forgot to add our new venezuelan annex
Yes this entire website is fake faggot cucks who don't believe the things they say and lack the ability to even fraudulently defend them. You are being psyoped by Jews.
>>533281826I’m saying that the cure for high prices is high prices and the current hormuzzy closure will push companies to invest in places like Venezuela. Didn’t you previously argue that we’re out of water in northern Alberta and can’t produce more anyway?
>>533264983This is a troon btw do not engage it
>>533283599No nigger I didn't. I suggested it was retarded. Exactly as I am with your fucking retard proposition. You said Venezuela had already replaced us... Remember faggot? >>533280844 wanna explain how?
>>533264522it is incredible how delusional the oil market currently is thinking it can cover the lost gap right now. some are signaling the big red warmning alerts but something is stalling full panic that is likely the US government.
>>533264983Don't expect sensible comments from american flags, they've gone mad, for most part.
>>533283881Alright, sorry, I confused you with the other guy, and yeah I was being hyperbolic: we haven’t actually been replaced yet but we’re on the chopping block. There’s a lot of assumptions, not least or which being Venezuela is unstable as fuck and that’s why oil companies would prefer not to invest in infrastructure there, but if and when they do, we’re boned. There’s limited refining capacity, that oil is closer, and it’s easier to decapitate their government without the rest of the world getting all pissy about it.
>>533266468>We need to cripple our energy supply so that when the coming demographic crash happens our country is forced into the arms of the CCP Do niggers really
>>533281964American refineries aren't fully ready to process pure Venezuelan.
>>533271881Somewhere around half a month more
>>533284081Right so nobody is willing to invest in Venezuela because it's a shithole and they know it will eventually be wasted... While the main hurdle to the oil sands being ramped up was the price of oil... Which is now in their favor. Maybe wanna reconsider that statement? Or do you honestly believe desperate socialist spics with a history of nationalizing foreign investment once it becomes profitable is attractive to foreign capital markets? I might be retarded but one of us is for sure let's figure it out.
>>533273152>>533273719God your ignorance hurts.We, as in Canada, are not the states. Stop trying to impose our country's state of logistics on to the US. We only avoid the oil shortage purely because our population is extremely small and concentrated in two areas.
>>533284432
>>533265632Using ai to fight ai kek
>>533284387I may well be retarded, I’m fine with it. My argument is that there is limited refining capacity in the gulf, Venezuelan crude is about equivalent to process as our goo, and it’s easier and probably cheaper to move it by tanker from there than it is to deal with our idiot government to get more pipelines built. The US has shown they’ll use their military as enforcers to secure energy supplies, but Venezuela being unstable is the major sticking point. Long term I don’t think it looks great for the oil industry in Canada is what I’m saying.
Lmao, we control the Straight of Malacca nigger. 40% of world trade, controlled by our Navy. 2026 is gonna be the year everyone points back to as the time the US became the world energy powerhouse. When I'm right (I will be) all of you morons are going to look extremely stupid. I look forward to looking back on a lot of these doom and gloom retard posts from so many of you. Will be a good laugh.
>>533284852Yes. As I said. Your entire argument is Venezuela is about to ramp up production in ways we can't when there entire country has been waiting for them to do it for how long? Whose gonna help them? What's stopping them? Why didn't they do it when they took over? It's super simple right just explain.
>>533266298I like you doroposter I also like Birb the catposter and polish the xDposterPol is having a renaissance in 2026
>>533269535Where did you learn your wisdom doroposter?
>>533285361Wow much convince
>>533267875Head n shoulders? The shampoo?
Shutting down the Nord Stream pipeline reduced the amount of fertilizer BASF produces in their Ludwigshafen Germany plant. Shutting down the Persian Gulf reduces the production of global fertilizer precursors by 15% , some say more. The increasing price of diesel fuel and reduced availability of diesel will reduce farm productivity. We need to prepare our families and loved ones to survive a global famine. We underestimate the price volatility and availability of food at our peril
