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Started By
Message
Current diesel shortage and esg scores.
Posted on 5/11/22 at 6:24 pm
Posted on 5/11/22 at 6:24 pm
Does the fact that shell convent and Phillips 66 shut their doors have any bearing on the current situation?
How many other refineries have shut down?
And finally, how much is the implementation of esg scores responsible for this?
Apparently shell convent is going to make alternative fuels. LINK
How many other refineries have shut down?
And finally, how much is the implementation of esg scores responsible for this?
Apparently shell convent is going to make alternative fuels. LINK
5
Posted on 5/11/22 at 6:28 pm to jnethe1
quote:
"Given increasing customer demand for low-carbon fuels
bullshite
Posted on 5/11/22 at 6:34 pm to jnethe1
They are related because the leftist filth currently in charge are the driving force for both diesel shortages and esg scores.
Posted on 5/11/22 at 6:35 pm to Jack Carter
I'm sick of a lot of things they're doing, but the blatant lying is the absolute worst.
Posted on 5/11/22 at 6:40 pm to jnethe1
Convent was a huge diesel producer. Shell CEO and VPs rattle on about ESG scores and customer demand for low carbon products.
If another refiner would have purchased Convent, they would have made back in their investment in less than year.
If another refiner would have purchased Convent, they would have made back in their investment in less than year.
Posted on 5/11/22 at 6:42 pm to Malik Agar
Is it them lying or the fact that people believe their bs that is worse
Posted on 5/11/22 at 6:50 pm to Nosevens
quote:
Is it them lying or the fact that people believe their bs that is worse
People believing it.
Like Biden got votes and Biden did ________.
Posted on 5/11/22 at 7:46 pm to Jack Carter
quote:
"Given increasing customer demand for low-carbon fuels
quote:
bullshite
Right! I guess the shortage we are seeing is because it’s disappearing into nothingness.
Posted on 5/11/22 at 7:47 pm to Nosevens
quote:
Is it them lying or the fact that people believe their bs that is worse
Them lying doesn’t surprise me. My fellow Americans buying into this hook line and sinker is disturbing
Posted on 5/11/22 at 8:13 pm to RemyLeBeau
quote:Getting capital for O&G getting harder by the day. Leftists have everyone worried about getting canceled, protested, or proxy takeover on their BODs.
If another refiner would have purchased Convent, they would have made back in their investment in less than year.
Posted on 5/12/22 at 10:42 am to jimmy the leg
quote:
They are related because the leftist filth currently in charge are the driving force for both diesel shortages and esg scores.
That is my understanding of the situation, and what I have heard.
Posted on 5/12/22 at 10:43 am to Taxing Authority
quote:
Getting capital for O&G getting harder by the day. Leftists have everyone worried about getting canceled, protested, or proxy takeover on their BODs.
From what I have heard, that is the reason Phillips 66 is shutting down and why marathon did not obtain.
Posted on 5/12/22 at 11:28 am to RemyLeBeau
quote:
convent was a huge diesel producer
Yep.
Ships went from Convent to S.America filled with Diesel non stop.
Gotta get those ESG scores up though.
Posted on 5/12/22 at 11:39 am to RemyLeBeau
quote:
If another refiner would have purchased Convent, they would have made back in their investment in less than year.
Their cat cracker was at the end of its life cycle so there is a huge investment involved in that facility outside of just the purchase of it.
Posted on 5/19/22 at 10:32 am to Scrowe
quote:
Their cat cracker was at the end of its life cycle so there is a huge investment involved in that facility outside of just the purchase of it.
This is true, however, in 2018 Shell invested well North of $150MM in that CCU in what looks to be an attempt to extend it's life in preparation for sale.
ESG is one of the main reasons Shell shut it down and sold off multiple refining assets across the globe.
Posted on 5/19/22 at 10:42 am to RemyLeBeau
Shell never had any intention of letting it go. They turned down offers from multiple buyers. The plan was to kill the union before making it a biodiesel plant. It worked.
Posted on 5/19/22 at 11:31 am to RemyLeBeau
quote:
Convent was a huge diesel producer. Shell CEO and VPs rattle on about ESG scores and our communist government demand for low carbon products to get money from our communist governments favorite financial institutions.
Posted on 5/19/22 at 12:19 pm to GregMaddux
On a funny side note, gf sister (no pics) is an avowed liberal and retired. Her and her husband bought a smaller mobile home to travel the country. They are going from Florida to Canada in a week. I started doing the math in my head at $7 gal and a 30 gallon tank to go the 1600 or so miles up to Quebec City ontreal, it costs $200 to fill up. At 15 mpg they go about 450 miles per tank it is about 3 1/2 fill ups so it will cost about 700.00 to go up there or about twice what it cost 2 years ago.
Posted on 5/19/22 at 12:27 pm to jnethe1
quote:
Right! I guess the shortage we are seeing is because it’s disappearing into nothingness.
He’s stating that it’s bullshite because the customer does not give one iota how much carbon is in the fuel… it is bullshite. I’ll take extra carbon if it costs half as much.
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