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Number of Posts:76502
Registered on:3/27/2008
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quote:

Not true if the refinery is equipped to run heavy sour oil it’s perfect and there is one in BTR that is specifically built for heavy sour crude


What is the value though?

Would you rather run 60k of domestic vs 30k of Venezuelan at the same price? It's an obvious answer.
They are producing around 1mm bbls per day right now. Roughly $40mm at today's prices.

There is a lot of room to grow, but the market needs to absorb this first.
quote:

thought the Gulf Coast refineries were purpose built to process sour crude for diesel and other products?

Haven't the been running at reduced efficiency since they stopped getting crude from Venezuela?


Yes.

No.

Worth is worth. You don't just run throughput to run throughput. All value is based on what it can provide. If gas is $1.5/gal no one is producing gasoline unless diesel is covering the cost.
quote:

There was a FCCU


Why it is shutdown post MARPOL

(Too simplified I agree)
quote:

Well, She’ll Convent was shut down and it had 5 sulfur removal units.


And zero cokers
quote:

Just as shite as the heavy crude from the ME.
what heavy crude form the ME is the gulf coast consistently running?
quote:

Just as shite as the heavy crude from the ME.


Way worse than anything from the ME
quote:


bullshite. American refineries are almost all built specifically to run Venezuelan crude and we have been searching high and low to find heavy crude.

We’ve been getting the absolute shitiest quality of oil from Canada to supplement


I mean, everything you said is factually wrong. But you believe it a lot, so sure.
Well, yeah.

Why wouldn't they? It isn't who gets what it is about who controls what.

The US having debatable control over the source has introduced millions in adjustments and potential losses.
We greenlit 10 NG to LNG plants on the back of taxpayers and cant figure out why NG went through the roof. ;lol;

Brah, all your tax dollars are in Europe.
quote:

Help me understand why gas is more expensive today than it was 10 years ago at $90/barrel?


Ng aint $90/bbls
quote:

ill be interested in hearing the summaries of how all of the infrastructure looks and what’s a “quick fix” or not when some of the big boys are able to get down there and surveys and such


The alleged amount is $100MM

Honestly, look who has rhe lead on Guyana exploration.

re: Under $2 gas this week?

Posted by fightin tigers on 1/4/26 at 4:34 pm to
West coast is less than $4.

Doesnt seem like a lot, but they are below gulf coast on price to produce.
quote:

I thought the Gulf Coast refineries were purpose built to process sour crude for diesel and other products?


Somewhat. They are.

quote:

Haven't the been running at reduced efficiency since they stopped getting crude from Venezuela?


Somewhat, they are.

:lol:

It isn't about what they can run but what they can adapt to run. What is valuable to run. Going to take months to figure out what is coming out of Venezuela and what it is worth. Venezuela is already producing more then what America really wants. Not saying it wont get cheaper but cheapness only goes so far.
At $50/bbl a long time.


Their oil is shite and will run far below what normal oil runs at. Good news is that they can extract for a lot lower price.

Tradeoff is that very few can run their oil.

Reality is that the market is already set and those who can aleady take their oil are taking it.

Bottomine is that it wont matter that much over the next 6-10 months. Development will matter if US demand remains high, which seems a little unlikely.
Yeah, my initial thought on the H2S scene was ki of "oh cool some reality"

Followed by "da frick is this bullshite. They are 150' away and their meters didn't detect shite when they got out the truck"

It is good cinema though. Simplified, but really good cinema. Like what glimpse they have introduced.
Billy Bob ranting about rhe Saudi's and SPR would seem on point. Telling some poor basterd on the phone about their X5 made in Alabama while driving an F250 made in mexico.

Mother frickers saying +2.5 for heating oil in episode 1 made me rewind. Not even mad, just confused how they managed to get 98% right and did that shite.

I digress :lol:
quote:

think the women on Landman might not be taking as many jet trips.


I would love to see how they portray a true bust
If Elon is saying it then 24-36 months before the singularity and at least 4 delays after that.

And the singularity won't have key features promised when launched.


We will get the singularity before Tesla Roadster 2.0
They are honestly my favorite threads. Have sent snapshots of comments around for lulz.

Would be great to have a trader with the knowledge of the average TD poster. :lol: