spectacularly dumb thing to say about US oil which costs 25x+ Saudi crude actually. the US profit game is natgas. something about my posts makes you people horny
West Texas Crude does not cost 25x Saudi Crude. Neither is it the primary US importer.
Saudi Arabian imports dropped to roughly 336,000–349,000 barrels per day (bpd) by 2023–2024, down from over one million bpd in previous years. Meanwhile, Canada is the largest supplier, accounting for roughly 55-61% of U.S. imports, followed by Mexico.
Oil companies could actually use a boost right now. And the US is a net exporter.
spectacularly dumb thing to say about US oil which costs 25x+ Saudi crude actually. the US profit game is natgas. something about my posts makes you people horny
West Texas Crude does not cost 25x Saudi Crude. Neither is it the primary US importer.
Saudi Arabian imports dropped to roughly 336,000–349,000 barrels per day (bpd) by 2023–2024, down from over one million bpd in previous years. Meanwhile, Canada is the largest supplier, accounting for roughly 55-61% of U.S. imports, followed by Mexico.
Production cost. Hence the fracking? I’m not going to explain the oil trade to someone who thinks they can survive the strait being mined. Delusional
To someone who works in it and sees the price figures every day?
I would love to see you try