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    • One last ride!! time for spring!!😁
    • it's not just that... https://www.washingtonexaminer.com/news/2878029/welcome-to-denver-a-hellhole-of-drugs/ d0n'T cRitiCizE iT, lEgaLizE iT         
    • Drill Baby Drill?  @Pete You see, the U.S. does produce enough oil to meet its own needs, but it is the wrong type of oil. Crude is graded according to two main metrics, weight and sweetness. The weight of oil defines how easy it is to refine, or break down into its usable component parts, such as gasoline, jet fuel and diesel. Light crude is the easiest to handle, heavy is the most difficult, with intermediate obviously somewhere in between. The sweetness refers to the sulfur content of unrefined oil. The sweeter it is, the less sulfur it contains. Most of the oil produced in the U.S. fields in Texas, Oklahoma, and elsewhere is light and sweet, compared to what comes from the Middle East and Russia. The problem is that for many years, imported oil met most of the U.S.’s energy needs, so a large percentage of the refining capacity here is geared towards dealing with oil that is heavier and less sweet than the kind produced here. A coordinated, forward-looking energy policy over the last few decades would have targeted that issue through subsidies and incentives. That money has been paid out anyway: it wouldn’t have been hard to use it to make America truly energy independent. However, politicians, it seems, would rather keep a situation where periodic energy crises give them a cudgel with which to beat an incumbent. Lest you think I am making a partisan point here, current criticism is of a Democrat by Republicans, but the last time crude was at these levels it was Democrats criticizing George W. Bush, a Republican, for policies and actions that they said forced oil higher back then. So, we are left in a place where the U.S., despite producing more crude than it needs, is dependent on imports. When the country feels it must ban imports from Russia because of an unprovoked attack on an ally, it is forced to go cap in hand to countries such as Saudi Arabia, Venezuela, and Iran to make up the difference. That is not the fault of Joe Biden, Donald Trump, Barack Obama, George W. Bush, or any other individual politician. It is the fault of all of them and of every Congressperson and oil executive who prioritized a partisan lever over reducing America’s dependence on imported oil over the last thirty or forty years. https://www.nasdaq.com/articles/america-produces-enough-oil-to-meet-its-needs-so-why-do-we-import-crude     EIA: US crude oil exports hit record high in first-half 2023 US crude oil exports in first-half 2023 averaged 3.99 million b/d, which is a record high for the first half of a year since 2015 when the US lifted its ban on most crude oil exports, according to US EIA data. US crude oil exports in first-half 2023 averaged 3.99 million b/d, which is a record high for the first half of a year since 2015 when the US lifted its ban on most crude oil exports, according to US Energy Information Administration (EIA) data. In first-half 2023, crude oil exports were up 650,000 b/d (+19%) compared with first-half 2022. Europe was the largest regional destination for US crude oil exports by volume, at 1.75 million b/d, led by exports to the Netherlands and the UK. Following closely, Asia accounted for the next-highest volume, receiving 1.68 million b/d, driven by exports to China and South Korea. The US exported smaller volumes of crude oil to Canada, Africa, Central America, and South America. Despite the surge in exports during first-half 2023, the US maintains its status as a net crude oil importer. The US continues to import crude oil despite rising domestic crude oil production in part because many US refineries are configured to process heavy, sour crude oil (with a low API gravity and high sulfur content) rather than the light, sweet crude oil (with a high API gravity and low sulfur content) typically produced in the US. US crude oil imports predominantly originate from historical trading partners such as Mexico and Canada. Heavy, sour crude grades often receive discounts compared to their light, sweet counterparts due to the increased complexity required by refineries to produce profitable refined products like gasoline, diesel, and jet fuel. Consequently, most US crude oil imports occur when it is more economically viable for US refiners to process discounted heavy grades, as these refineries have already invested in the necessary complexity for their refining operations, EIA said. https://www.ogj.com/general-interest/economics-markets/article/14300038/eia-us-crude-oil-exports-hit-record-high-in-first-half-2023     tried keeping this simple for ya, let me know if you learned anything...  
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