Gas price check
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IN Thailand, there has been people "hoarding" gas, and that has meant some gas stations are running out, but I think Thailand still has a couple of months reserve (maybe 3) if needed.
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You want to know where gas is really expensive? I just acquired my landlord‘s 2021 troc Cabriolet convertible. And had just started getting into the red line of empty and I pulled over to fill it up with an €80 bill. It is almost 2 euros per liter in Sardinia.
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There are people in rural houses who aren't connected to the mains so have to run generators for light and heat. Filling that fuel tank is going to be pricey or what!
We run two cars but drive only six thousand miles a year so the impact can be absorbed. However there was a farm contractor on tv at the weekend saying that the farm machines he drives are now costing him an extra £500 each day in fuel.
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MUST…. NOT…… MAKE….. RACIST…. ITALIAN ……JOKE……
The Brad
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It is barely credible that the USA is energy independent, producing more oil and gas than used.
How can you possibly justify charging your own citizens a price linked to the Straits of Hormuz? The oil still comes from Texas for goodness sake. Sell it abroad at an export price by all means.
Somebody's getting shat on. -
This is the question many people ask, and the answer is quite simple when you realize what our refineries in America are built for. The oil that we harvest from our ground is the suite light crude, and not the heavy crude that we import from all over, all of our refineries are designed to refine the heavy crude not the light and for this reason alone is why we are stuck with the prices we are.
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This is the question many people ask, and the answer is quite simple when you realize what our refineries in America are built for. The oil that we harvest from our ground is the suite light crude, and not the heavy crude that we import from all over, all of our refineries are designed to refine the heavy crude not the light and for this reason alone is why we are stuck with the prices we are.
NobodySock said:
This is the question many people ask, and the answer is quite simple when you realize what our refineries in America are built for. The oil that we harvest from our ground is the suite light crude, and not the heavy crude that we import from all over, all of our refineries are designed to refine the heavy crude not the light and for this reason alone is why we are stuck with the prices we are.
I am sure Alberta crude can elaborate on this fact
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MUST…. NOT…… MAKE….. RACIST…. ITALIAN ……JOKE……
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NobodySock said:
This is the question many people ask, and the answer is quite simple when you realize what our refineries in America are built for. The oil that we harvest from our ground is the suite light crude, and not the heavy crude that we import from all over, all of our refineries are designed to refine the heavy crude not the light and for this reason alone is why we are stuck with the prices we are.
I am sure Alberta crude can elaborate on this fact
I am sure Alberta crude can elaborate on this fact
For the most part he’s right about the refineries. As for the imported heavy crudes, they are sold at a discount into the US and then blended with domestically produced light crude to produce gasoline for the US market or re-exported as upgraded medium crude. In the case of synthetic crude produced here we upgrade it so it can be transported by pipeline and the oil companies resell it at a discount to either their parent company in the US - for example, Imperial Oil Canada selling it to its US parent company, Exxon-Mobil - or, like Canadian owned Suncor or Cenovus, to their US subsidiary at a discount. In the end the US refiners are the ones making the big dollars as their feedstock is always discounted.
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