Ken Rowland
3K posts

Ken Rowland
@KenRowland77
🇺🇸Retired energy exec; Husband, dad, grampa. #KeepTexasRed.
Texas, USA Katılım Ağustos 2014
311 Takip Edilen1.1K Takipçiler

@PoppyMcGill1 @KevinMBlkbrn @aroad1234 That is simply inaccurate. You should stop posting on this topic and save yourself the embarrassment
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@KevinMBlkbrn @aroad1234 When we started Fracking, like we do in the Permian Basin, it produces the high quality crude, which we can't refine quick enough
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This is the most ridiculous explanation ever. Brent crude is only produced by Britain and Norway. All other producers have named crudes based on origin and assay, like Arab Heavy, Mayan, synthetic crude, Venezuelan etc. any refinery that still operates today can run light, sweet crude. Refineries that are configured more technically can run heavy and more sour crudes economically. For example, most US Gulf Coast refineries choose to run heavy and sour crudes because they are discounted, so it’s more profitable. And if it is an integrated company, they prefer to buy heavy sours and sell light sweet.
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Because of our refineries. We produce what is called Sweet Crude. It is very low in impurities and sulfur. Its a high quality.
Other nations mostly produce Brent Crude. Its high in sulfur and other impurities. The refineries that turn Sweet Crude into usable products like gas, diesel, etc. are located in other countries. We only have a couple of refineries here in the US that can refine Sweet Crude. Not enough to handle our capacity. So, we have to ship our oil over seas to be refined and the products shipped back into the US. This increases the cost.
You might ask "Why don't we build the refineries to refine our Crude? Short answer, Environmentalists and the democrat party. Environmental regulations make it extremely difficult to build new refineries
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@YakkStack Mine were all tragically lost in a boating accident.
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@MrLeadslinger Happy to compare education credentials with you pal. Just don’t whine about the outcome.
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Immigration arrests of people without criminal convictions have increased eightfold under President Trump, report says. nbcnews.com/news/us-news/a…
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@ima_pseudo41406 @MrLeadslinger Ok. Well I like the new ones because they play an annoying tune when you power them up.
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For me, it's quite easy to continue to keep older machines running. For everyone else there is the option ending of counterproductive regulations that have destroyed modern appliances and likely increased overall energy consumption when using a net figure instead of having the manufacture and distribution of new appliances (and the disposal of the old ones) off the books.
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@ima_pseudo41406 @MrLeadslinger I believe I outlined your options above. I left out moving to India and washing your clothes in the Ganges but it might work for you.
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@KenRowland77 @MrLeadslinger No. Energy Star has ruined home appliances. To meet the standards they had to add more electronics and complication which shortens the lives of the units. Whirlpool's direct drive models were great - clean clothes, simple, easy to repair: they can no longer make that machine.
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@Secretpolicia @MrLeadslinger Enjoy washing your clothes in someone else’s accumulated smegma.
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@KenRowland77 @MrLeadslinger Found the guy that sells washers over here. You're better off buying a 30yo washer off someone and a few spare parts. You can buy a new fridge with the savings.
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It used to be worthwhile. But after too many years of the same party, all the processes that made it competitive are compromised. Today, the liberal party controls ALL the media, funds defecting MPs, controls ALL immigration and the welfare system, and determines which corporations get funded for projects. It's essentially a one-party system now and Canada is circling the drain. Just look at taxation, CDN dollar exchange rate, inflation and standard of living among G20.
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It wouldn't matter if you built more pipelines. The market for crude and refined products is global and fluctuates daily. Unless the Canadian government enacted socialistic legislation like export restrictions and price controls, gas and diesel would just be sold into the most profitable outlets.
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I just paid $1.86.6 for gas at my local Ultramar.
Sure, the problems in Iran are slightly to blame.
The additional $0.46 we pay for Litre is also to blame.
The fact our Liberal government 100% REFUSES to build any new pipelines is also to blame.
Canada could, and should be energy independent.
The Liberals don't want Canadians to be free.
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@wakeupusa You could not pay me to vote for a corrupt Democrat. They cheat in elections, defraud taxpayers with social programs and NGOs, lie, bribe the media and hate America.
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I’ll try to help if you like. Petroleum products (refined products like diesel and gasoline) are not COST based. They are MARKET based. What you pay at the pump trends with crude over time but it correlates more directly with wholesale pricing which changes daily (called RACK pricing; The price you would pay under a long term contract for truckload quantities). Pricing behaves like any other commodity (wheat, orange juice, gold etc). So if crude falls on a given day but demand spikes, gasoline can actually go up. It’s a very sophisticated, fast-reacting system that has been proven time and again to be almost perfect. (How many things can you shop for at 30mph?). Refiners and retailers can go extended periods ‘losing’ money due to price compression in a rising market and make it up when the market reverses. The reality is, the industry operates on razor thin margins and only those who have a cost structure like their competitors survive long term.
The industry has been investigated hundreds of times for collusion and always shown to be beneficial to consumers.
Hope that helps.
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@AlecLace In order for oil companies to price gouge, they would have to collude. They have been investigated hundreds and hundreds of times and it’s been clearly demonstrated that is not happening. Welcome to a perfect commodity market.
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