Re: TDI
- From: "pfjw@xxxxxxx" <pfjw@xxxxxxx>
- Date: Fri, 14 Mar 2008 11:14:01 -0700 (PDT)
On Mar 14, 12:25 pm, Lynn McGuire <l...@xxxxxxxxxx> wrote:
Nobody will build/improve refining capacity here (or anywhere, for that
matter). Refining bottlenecks are where all the profit lay. I remember an
interview with a Saudi oil minister where the interviewer asked if they
would turn up the tap to lower oil prices. He said, more or less, they could
pump till the cows came home, but it wouldn't help...your problem is
refining capacity. I've never heard a word from him since.
Someone is trying to build a new refinery in Arizona:
http://www.arizonacleanfuels.com/refinery.htm
Lynn
The United States operates at about 105% of its refining capacity for
all fractions of fuel. Exceptions are specific to the east coast where
the heavy/sour crude refineries are most prevalent - and middle-
eastern crude is mostly heavy/sour. This capacity is pretty severely
limited and isn't going to get any better due to space, cost and
environmental concerns and requirements. Middle-eastern crude is only
about 22% of all oil used in the US. Most of "our" oil comes from
Canada and Mexico, and home grown (~29% of total consumed).
What this means is that we import (typically) between 5% and 7% of our
petroleum products as already-refined materials. This is Part A.
The United States, on average, consumes 25% of the world's total
energy production of all types - fossil, wind, solar, nuclear, other
on an annual basis. The United States has approximately 5% of the
world's total population. This is Part B.
The largest growing populations on earth at present (not by
percentage, but by actual numbers) are in China and India. These two
are also amongst the fastest growing economies. This is Part C.
China and India have, between them, approximately 35% of the world's
total population and consume approximately 20% of the world's total
energy resources as noted above. This is Part D.
So, if China and India were to consume resources as does the US at
present, they would consume 175% of the world's total energy
resources. India presently exports very large amounts of gasoline to
the US. They are beginning to divert that flow to internal
consumption. China and India want to be just like us. And we are
sending them vast quantities of our dollars to that they can become
so.
The Saudis are sitting on 25% of the world's proven reserves. Combine
Iraq and Kuwait, that goes to 45%. *MOST* of the oil they sell does
NOT go to the United States, but to China, Japan, the Pacific Rim and
Europe. A small amount (22% overall from the Middle East) goes to the
US. By the way, Bahrain, Qatar, UAE, Sudan and Yemen are all very
nearly out of oil at this point - but not of natural gas. They are
gradually shifting their economies from resource-dependent to tourism
and business-dependent. The Pearl Roundabout in Manama 6 years ago vs.
today alone is proof of that. Or any week's growth in Dubai or Abu
Dhabi.
ANWR (Alaskan Wildlife Sanctuary unproven reserves) would cost between
FIVE and TEN BILLION dollars and between five and seven years to
exploit. The total anticipated reserves based on the most optimistic
DOE figures would last the United States nineteen (19) months at
present consumption. The United States sits on 5% of the world's total
proven reserves within its territory or territorial waters.
Refinery capacity is the very least of our problems...
Peter Wieck
Wyncote, PA
.
- Follow-Ups:
- Re: TDI
- From: Lynn McGuire
- Re: TDI
- References:
- Prev by Date: Re: TDI
- Next by Date: 2000 Jetta - misfire code - runs rich and burn a lot of gas
- Previous by thread: Re: TDI
- Next by thread: Re: TDI
- Index(es):
Relevant Pages
|
