News for hackers. Stuff that matters.
Re:As oil and gas exports surge, West Texas becomes the worl... by nostromo on Sunday December 30, 2018 @03:49PM (#18791239)
I'm pro-renewables too. But, like you, I'm also a hypocrite because I drive and fly and use plastics.

I'm ok with American extraction because I think it's preferable to the two other options I see: 1. keep giving mountains of money to horrific regimes like Saudi Arabia and Russia or 2. halt the global economy until renewables are to scale.

Re:As oil and gas exports surge, West Texas becomes the worl... by petre on Monday December 31, 2018 @08:47AM (#18794447)
Yes, I am actually quite glad that the US now controls the price of oil causing disruption for middle eastern regimes and Russia. Saudi oil money buys wars in Yemen and Syria and Russian oil money buys hypersonic nukes and SSBNs.
Re:As oil and gas exports surge, West Texas becomes the worl... by drjasonharrison on Sunday December 30, 2018 @04:07PM (#18791343)
Unfortunately the Texas crude is being exported because the Texas refineries can't refine it. So imports of "blood oil" will continue.
Re:As oil and gas exports surge, West Texas becomes the worl... by briandear on Sunday December 30, 2018 @09:22PM (#18792641)
This is completely incorrect. Many Texas and Louisiana refineries can process West Texas crude. And billions are being invested in expanding that capacity even further. Texas refineries, aside from light crude are primarily equipped to process Canadian and Gulf Coast petroleum, which is the majority of their production, far from “blood oil.”

Here’s some background: https://www.houstonchronicle.com/business/energy/article/Ref...

Ubtil 2016, it was illegal to export American crude. So the idea that West Texas Intermediate Crude is being exported because refineries can’t handle it is false, unless we are talking about the past two years: in 2014, where did all of that crude go? It was being refined.

As the US is a net petroleum exporter, the idea that “blood oil” is a significant part of the American fuel supply is false. Canada exports dramatically more oil to the US than Saudi Arabia. The main reason that West Texas Intermediate trades at a discount wasn’t because of refining capacity, but because of the lack of pipelines to move the stuff.

Re:As oil and gas exports surge, West Texas becomes the worl... by remarkEon on Sunday December 30, 2018 @04:40PM (#18791502)
What is stopping us from upgrading those refineries so that we can refine it? Is it simply not worth the investment?
Re:As oil and gas exports surge, West Texas becomes the worl... by briandear on Sunday December 30, 2018 @09:24PM (#18792647)
We already have been. The OP is simply wrong.
Re:As oil and gas exports surge, West Texas becomes the worl... by shaklee3 on Monday December 31, 2018 @12:34AM (#18793219)
I just fact checked, and indeed Texas does refine a whole lot:

https://en.m.wikipedia.org/wiki/Petroleum_refining_in_the_Un...