If Bernie kills oil production in the US, where will the US get oil?Green new deal reduces demand for oil.
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If Bernie kills oil production in the US, where will the US get oil?Green new deal reduces demand for oil.
Amazing that you can love markets so much without understanding supply and demand
The green new deal kills oil consumption not oil productionIf Bernie kills oil production in the US, where will the US get oil?
LOLLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL Just add a splash of irony while we are at it?Amazing that you can love markets so much without understanding supply and demand
You'll have to be more specific about what you think is naive and whyLOLLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL Just add a splash of irony while we are at it?
Question still stands, are you naive enough to believe what you posted or are you trolling?
A large decrease in demand doesn't kill production?The green new deal kills oil consumption not oil production
HahahahahahHahaA large decrease in demand doesn't kill production?
Welp............You'll have to be more specific about what you think is naive and why
Which of these increases the price of oil?
"Guaranteeing a job with a family-sustaining wage, adequate family and medical leave, paid vacations, and retirement security to all people of the United States."
"Providing all people of the United States with – (i) high-quality health care; (ii) affordable, safe, and adequate housing; (iii) economic security; and (iv) access to clean water, clean air, healthy and affordable food, and nature."
"Providing resources, training, and high-quality education, including higher education, to all people of the United States."
"Meeting 100 percent of the power demand in the United States through clean, renewable, and zero-emission energy sources."
"Repairing and upgrading the infrastructure in the United States, including . . . by eliminating pollution and greenhouse gas emissions as much as technologically feasible."
"Building or upgrading to energy-efficient, distributed, and ‘smart’ power grids, and working to ensure affordable access to electricity."
"Upgrading all existing buildings in the United States and building new buildings to achieve maximal energy efficiency, water efficiency, safety, affordability, comfort, and durability, including through electrification."
"Overhauling transportation systems in the United States to eliminate pollution and greenhouse gas emissions from the transportation sector as much as is technologically feasible, including through investment in – (i) zero-emission vehicle infrastructure and manufacturing; (ii) clean, affordable, and accessible public transportation; and (iii) high-speed rail."
"Spurring massive growth in clean manufacturing in the United States and removing pollution and greenhouse gas emissions from manufacturing and industry as much as is technologically feasible."
"Working collaboratively with farmers and ranchers in the United States to eliminate pollution and greenhouse gas emissions from the agricultural sector as much as is technologically feasible."[51]
Price.HahahahahahHaha
It does. Care to elaborate on the mechanism by which it kills production?
Lol...are you serious? That’s ridiculous.Russia loves low energy prices
Add to what?Let me know when you have something to add
Sorry that you are immune to sarcasmLol...are you serious? That’s ridiculous.
Your responses, just like his plan and the quote that “Russia loves low energy prices,” are fvcking ridiculous.
Do you beat your wife or just choke her?Add to what?
I asked you a simple question and yore roundabout response seems to be that you aren't trolling and are genuinely naive enough to believe it. Next time just get to the answer.
Oh boy! That deflection huh?Do you beat your wife or just choke her?
Do you beat your wife or just choke her?
LolOh boy! That deflection huh?
Just a tidbit, yore sister is the one asking for the choking. Not like in the trailer park “asking for it”, but likes to watch “True Blood” then asks for a choke and bites on the neck.
For future reference.
The US will still need to refine oil for the myriad of things that are made from petroleum distillates. What is Bernie's plan for the distillates that are used in combustion engines?Russia loves low energy prices
Speaking of which:The US will still need to refine oil for the myriad of things that are made from petroleum distillates. What is Bernie's plan for the distillates that are used in combustion engines?
Distillates will be cheaper due to the petroleum surplusThe US will still need to refine oil for the myriad of things that are made from petroleum distillates. What is Bernie's plan for the distillates that are used in combustion engines?
Nope. Because there won't be the capability to produce them. You can't just quickly convert a refinery that produces gasoline and diesel into one that creates chemical feed stocks. You need to retool the process with reformers and other complex systems. That's expensive and takes a lot of time.Distillates will be cheaper due to the petroleum surplus
Not a very effective dodge attempt, Comrade. What will be done with the LPG, light virgin naphtha, heavy virgin naphtha, kerosene, light gas oil, and heavy gas oil? Those distillates make up the majority of a barrel of oil.Distillates will be cheaper due to the petroleum surplus
Shhhh. Don't confuse him with the actual reality of the situation.Not a very effective dodge attempt, Comrade. What will be done with the LPG, light virgin naphtha, heavy virgin naphtha, kerosene, light gas oil, and heavy gas oil? Those distillates make up the majority of a barrel of oil.
I'm sure Bernie has thought all of this through and I'm sure pilt knows what Bernie's plans are for the distillates usually used to make fuel for combustion engines.Shhhh. Don't confuse him with the actual reality of the situation.
What would happen to the refineries that currently provide chemical feed stocks?Nope. Because there won't be the capability to produce them. You can't just quickly convert a refinery that produces gasoline and diesel into one that creates chemical feed stocks. You need to retool the process with reformers and other complex systems. That's expensive and takes a lot of time.
If you let it happen organically then the change in need would correlate with the change in capacity.
It isn't a binary situation. Most refineries today produce some chemical feed stocks. But they don't have the capability to do it to a degree you'd need to reduce prices the way you initially said.What would happen to the refineries that currently provide chemical feed stocks?
So if the price of crude and natural gas decreases then the price of chemical feedstocks _______?It isn't a binary situation. Most refineries today produce some chemical feed stocks. But they don't have the capability to do it to a degree you'd need to reduce prices the way you initially said.
There are a few that are already tooled for that and most others are slowly moving that direction. But if the government sets an artificial mandate, then all those supply and demand pressures get tossed on their heads.
I still don't know what your concern is. Too many distillate or not enough?Not a very effective dodge attempt, Comrade. What will be done with the LPG, light virgin naphtha, heavy virgin naphtha, kerosene, light gas oil, and heavy gas oil? Those distillates make up the majority of a barrel of oil.
It isn't a direct correlation. If there isn't processing capacity to meet the increased demand then the price could stay the same or even increase.So if the price of crude and natural gas decreases then the price of chemical feedstocks _______?
It's really a simple question pilt. What are Bernie's plans for dealing with the petroleum distillates produced during refining that are commonly used to produce fuel for combustion engines? Will producers be allowed to sell them to foreign countries? Will they dump them into the ocean? Try to put them back in the ground?I still don't know what your concern is. Too many distillate or not enough?
Increased demand?It isn't a direct correlation. If there isn't processing capacity to meet the increased demand then the price could stay the same or even increase.
You are only looking at one cost factor.
I think your question is what will be done with the fuel produced as a by product of refining petroleum products for nonfuel use?It's really a simple question pilt. What are Bernie's plans for dealing with the petroleum distillates produced during refining that are commonly used to produce fuel for combustion engines? Will producers be allowed to sell them to foreign countries? Will they dump them into the ocean? Try to put them back in the ground?
Sure. All these new batteries everyone is going to need for their green initiatives. All those new technologies that will spring up from employing the green new deal. All that efficient home manufacturing... All that insulation and lighting needs.Increased demand?
And you have no faith in the invisible hand of the market to create the supply necessary to meet the demand?Sure. All these new batteries everyone is going to need for their green initiatives. All those new technologies that will spring up from employing the green new deal. All that efficient home manufacturing... All that insulation and lighting needs.
Going to have to convert all these energy inefficient buildings, right?