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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Gas price check

Gas price check

Scheduled Pinned Locked Moved General Discussion
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  • N NobodySock

    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

    RenaudaR Offline
    RenaudaR Offline
    Renauda
    wrote last edited by Renauda
    #38

    @mik

    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.

    Elbows up!

    1 Reply Last reply
    • A Online
      A Online
      AndyD
      wrote last edited by
      #39

      Interesting. So the cars you make can't run on the oil you harvest.
      Could cars be built to run on refined oil you harvest? I mean, some cars run on waste chip fat. Or perhaps I should ask, could refineries be built for your car production?
      Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.

      Thank goodness we invented the battery/electric car around 1940 or the international petro-chemical industry might still be taking advantage🤪

      RenaudaR 1 Reply Last reply
      • A AndyD

        Interesting. So the cars you make can't run on the oil you harvest.
        Could cars be built to run on refined oil you harvest? I mean, some cars run on waste chip fat. Or perhaps I should ask, could refineries be built for your car production?
        Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.

        Thank goodness we invented the battery/electric car around 1940 or the international petro-chemical industry might still be taking advantage🤪

        RenaudaR Offline
        RenaudaR Offline
        Renauda
        wrote last edited by
        #40

        @AndyD

        Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.

        No it has to be refined first - although the light crude produced in some Western Siberian fields could run a diesel engine once the parafins are removed.

        Light crudes produced in North America are used primarily for aviation fuel, motor oils and petrochemical production.

        Elbows up!

        N 1 Reply Last reply
        • Doctor PhibesD Online
          Doctor PhibesD Online
          Doctor Phibes
          wrote last edited by
          #41

          a51e0a05-4eb5-40a5-8c5b-ae0ca111df8c-image.jpeg

          I was only joking

          1 Reply Last reply
          • RenaudaR Renauda

            @AndyD

            Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.

            No it has to be refined first - although the light crude produced in some Western Siberian fields could run a diesel engine once the parafins are removed.

            Light crudes produced in North America are used primarily for aviation fuel, motor oils and petrochemical production.

            N Offline
            N Offline
            NobodySock
            wrote last edited by
            #42

            @Renauda said:

            @AndyD

            Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.

            No it has to be refined first - although the light crude produced in some Western Siberian fields could run a diesel engine once the parafins are removed.

            Light crudes produced in North America are used primarily for aviation fuel, motor oils and petrochemical production.
            For AC,

            What do we know as to the reason why certain types of oil are found in the ground in different geographies? Is it simply a matter of what kind of dinosaurs died in these locations? I’m sure there’s more to it but what do you know?

            RenaudaR 1 Reply Last reply
            • jon-nycJ Online
              jon-nycJ Online
              jon-nyc
              wrote last edited by
              #43

              Probably more of a time-in-the-oven thing. Pressure, temperature, and time.

              Person. Woman. Man. Camera. TV.

              1 Reply Last reply
              • N NobodySock

                @Renauda said:

                @AndyD

                Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.

                No it has to be refined first - although the light crude produced in some Western Siberian fields could run a diesel engine once the parafins are removed.

                Light crudes produced in North America are used primarily for aviation fuel, motor oils and petrochemical production.
                For AC,

                What do we know as to the reason why certain types of oil are found in the ground in different geographies? Is it simply a matter of what kind of dinosaurs died in these locations? I’m sure there’s more to it but what do you know?

                RenaudaR Offline
                RenaudaR Offline
                Renauda
                wrote last edited by Renauda
                #44

                @NobodySock said:

                @Renauda said:

                @AndyD

                Will your light crude oil run generators, or oil heating systems? Or does it have to be mixed with heavy crude first.

                No it has to be refined first - although the light crude produced in some Western Siberian fields could run a diesel engine once the parafins are removed.

                Light crudes produced in North America are used primarily for aviation fuel, motor oils and petrochemical production.
                For AC,

                What do we know as to the reason why certain types of oil are found in the ground in different geographies? Is it simply a matter of what kind of dinosaurs died in these locations? I’m sure there’s more to it but what do you know?

                I was a rig hand, Jim, not a petroleum geologist

                Elbows up!

                1 Reply Last reply
                • jon-nycJ Online
                  jon-nycJ Online
                  jon-nyc
                  wrote last edited by
                  #45

                  Local station had regular for 4.799 and my fucking high octane for 5.899 at yesterday’s $72 fillup.

                  Person. Woman. Man. Camera. TV.

                  Doctor PhibesD 1 Reply Last reply
                  • jon-nycJ jon-nyc

                    Local station had regular for 4.799 and my fucking high octane for 5.899 at yesterday’s $72 fillup.

                    Doctor PhibesD Online
                    Doctor PhibesD Online
                    Doctor Phibes
                    wrote last edited by
                    #46

                    @jon-nyc said:

                    Local station had regular for 4.799 and my fucking high octane for 5.899 at yesterday’s $72 fillup.

                    You know, I think I'd rather pay $10 for a dozen eggs, but hey, that's just me.

                    I was only joking

                    1 Reply Last reply
                    • jon-nycJ Online
                      jon-nycJ Online
                      jon-nyc
                      wrote last edited by
                      #47

                      Interestingly egg prices have crashed since. The early Trump days. Lowest in 10 years.

                      Person. Woman. Man. Camera. TV.

                      Doctor PhibesD 1 Reply Last reply
                      • jon-nycJ jon-nyc

                        Interestingly egg prices have crashed since. The early Trump days. Lowest in 10 years.

                        Doctor PhibesD Online
                        Doctor PhibesD Online
                        Doctor Phibes
                        wrote last edited by
                        #48

                        @jon-nyc said:

                        Interestingly egg prices have crashed since. The early Trump days. Lowest in 10 years.

                        And that's all down to him- another spectacular victory. Obviously, the gas prices are Joe Biden's fault.

                        I was only joking

                        1 Reply Last reply

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