[Takeaquaalude]

Forgive my total ignorance on the topic of oil. I live in south carolina and I live in one of the two states that will run out of diesel fuel this week. Which basically means that were going to be one of the two states that will start this great famine that is suppose to hit us. Anyway, I have had this question lingering for a long while now and I hope this is the correct place to find the answer.

My question is

Why are states having to ask the federal government for the fuel. We have states with their own independent lands where they have their own state constituents. Why can't states that have oil give oil companies the permission to drill as they please and sell to the states directly? Why couldn't the states that have the oil make a deal with the states that have the oil refineries and they both benefit. The federal government is doing everything it can to insure that people will be ruined and at war with one another- come starvation and total poverty. I don't understand why it is up to the government to relegate their nonsense and bullsh*t down our throats creating the most and worst possible outcome. Sorry my opinions and discernment is in the way but I don't understand where most states laws fall in the production and purchase of oil. It just strikes me that if the states were really concerned and willing to do what it takes for the citizens therein, then why wouldn't the states communicate amongst themselves to see if they could form a cooperative that would help keep people moving, warm, fed, and producing. It is pretty clear that what's coming is going to be worse than we could ever imagine and when people are hungry they act in unspeakable ways add the other variables and there is no telling. People under the bolsheviks in Russia didn't take long to resort to cannibalism it was not uncommon. I just can't even fathom and I do not wish to. I just hope I can find useful information on this and then I can go speak with members of the state house. If you have any legal facts or any other ideas please feel free to respond. Sometimes it's the questions we didn't think to ask or sometimes it's a detail a laymen wouldn't even see or process. If anyone can provide any information please don't hesitate.

[AdamB]

$this->bbcode_second_pass_quote('Takeaquaalude', 'W')hy can't states that have oil give oil companies the permission to drill as they please and sell to the states directly?

[Plantagenet]

$this->bbcode_second_pass_quote('Takeaquaalude', ' ')It is pretty clear that what's coming is going to be worse than we could ever imagine and when people are hungry they act in unspeakable ways add the other variables and there is no telling. People under the bolsheviks in Russia didn't take long to resort to cannibalism it was not uncommon. I just can't even fathom and I do not wish to..

[evilgenius]

Yes, I think individual ownership of resources is the key. The US does that right. If you don't provide for individual ownership, you set yourself up to fail at the Export Land Model. To prevent that, you need to use your own resources to provide for the growth of your own economy. Individual ownership provides for that. State ownership does not. State ownership leads to selling to whomever offers the highest price. In the case of Middle Eastern nations, that is every country except the one that produces the oil. Those countries don't have democracies for a reason.

[ROCKMAN]

The only oil Texas owns is that produced from state lands...which is very little...and then only the royalty portion of that production. Most is owned by private landowners who lease to private companies that can sell to any refinery they choose. Who then sell products to whoever they choose.

Your free market system essentially.

[careinke]

Did South Carolina run out of diesel last week?

Peace

[AdamB]

$this->bbcode_second_pass_quote('careinke', 'D')id South Carolina run out of diesel last week?

Peace

[ROCKMAN]

care: Not what you want to read "The US Is Exporting Record Oil and Fuel Eve n as East Coast Faces Shortages"

Also won't make you feel better: that 1 million bbls per day the President is pulling out of the SPR...it ain't for you and the rest of us: "November 3, 2022 - U.S. crude oil exports to Asia poised to hit record high".

"HOUSTON/SINGAPORE, Nov 3 (Reuters) - Deliveries of U.S. crude oil to Asia are set to touch a record 1.8 million barrels per day this month, Kpler shipping data showed, as demand climbed on a widening discount to global oil. Refiners in China, India and South Korea are returning as big U.S. crude oil buyers after several months of scooping up cheap Russian barrels. Asia's renewed buying reflects soaring demand for crude to produce diesel fuel and comes as Europe continued to stock up in the aftermath of Western sanctions on Russian purchases."

Remember: the SPR was designed {by treaty} to help the US AND OTHER COUNTRIES when crude prices get too high. Got it: some months the govn pulls 1 mm bopd and we're shipping 1.8 mm bopd to China et al. You wonder why the MSP doesn't point that out when the report draws from the SPR? Might not make the Prez look very good, would it.

[careinke]

$this->bbcode_second_pass_quote('ROCKMAN', 'c')are: Not what you want to read "The US Is Exporting Record Oil and Fuel Eve n as East Coast Faces Shortages"

Also won't make you feel better: that 1 million bbls per day the President is pulling out of the SPR...it ain't for you and the rest of us: "November 3, 2022 - U.S. crude oil exports to Asia poised to hit record high".

"HOUSTON/SINGAPORE, Nov 3 (Reuters) - Deliveries of U.S. crude oil to Asia are set to touch a record 1.8 million barrels per day this month, Kpler shipping data showed, as demand climbed on a widening discount to global oil. Refiners in China, India and South Korea are returning as big U.S. crude oil buyers after several months of scooping up cheap Russian barrels. Asia's renewed buying reflects soaring demand for crude to produce diesel fuel and comes as Europe continued to stock up in the aftermath of Western sanctions on Russian purchases."

Remember: the SPR was designed {by treaty} to help the US AND OTHER COUNTRIES when crude prices get too high. Got it: some months the govn pulls 1 mm bopd and we're shipping 1.8 mm bopd to China et al. You wonder why the MSP doesn't point that out when the report draws from the SPR? Might not make the Prez look very good, would it.

[ROCKMAN]

cared - No problem...info many don't know like this:

Below are the 5 countries that exported the highest dollar value worth of refined oil during 2021.

United States: US$84.9 billion (12.1% of refined oil exports)
Russia: $70 billion (9.9%)
India: $54 billion (7.7%)
Netherlands: $52 billion (7.4%)
Singapore: $41.4 billion (5.9%)

So many mistakenly believe the SPR withdraws are for the benefit of US consumers. So very wrong.

[AdamB]

$this->bbcode_second_pass_quote('ROCKMAN', '
')So many mistakenly believe the SPR withdraws are for the benefit of US consumers. So very wrong.

[ROCKMAN]

Adam - Study the numbers again: at the same time SPR releases have been made the US has increased both oil and refinery product exports. Thus the net available hydrocarbons to the public have decreased. Granted that decrease would have been greater without those releases but bottom line: that oil was exported. IOW foreigners benefited and we suffered less. I don't consider suffering less a BENEFIT...just less SUFFERING.

But the main point is that the MSM constantly reported releases as a SIGNNIFICANT BENEFIT to the American people (IOW more motor fuel for us) and patted the President on the back for IMPROVING our economy.

Again, for folks that missed the main point: the US is THE REFINERY for the world...not US citizens. We compete with global consumers on a price basis. Those hydrocarbons DO NOT BELONG to us. They belong to the highest bidder. The price of gasoline has fallen because of the decrease in oil prices GLOBALLY. And that is because the world is slowly slipping into recession according to the big-name economists.

[AdamB]

$this->bbcode_second_pass_quote('ROCKMAN', 'A')dam - Study the numbers again: at the same time SPR releases have been made the US has increased both oil and refinery product exports.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('Takeaquaalude', '
')The federal government is doing everything it can to insure that people will be ruined and at war with one another- come starvation and total poverty.

[careinke]

$this->bbcode_second_pass_quote('Outcast_Searcher', '')$this->bbcode_second_pass_quote('Takeaquaalude', '
')The federal government is doing everything it can to insure that people will be ruined and at war with one another- come starvation and total poverty.