They were saying one more refinery was coming back online that was going to improve things a bit. This was in one of the last ZeroHedge articles that got posted here.
They are always making more. The question is whether supply will keep up with demand.
Oil isn't even really the shock that Biden introduced. The government has been somewhat stealthily making it difficult to refine. That's a bigger issue. And no one wants to make 20+ year investments in an environment where peak demand may have been reached and the government (and their pet banks) is actively hostile to this investment.
Base stock oils are fucking useless. They need additives, like calcium, hexagonal boron nitrate, molybdenum disulfide, tungsten disulfide, potassium, magnesium, etc.
Oil without additives is like drinking distilled water. It ain't really helping.
Most cars today are drive by wire, no physical connection between throttle and throttle plate. The steering and brake systems are moving in that direction as well. New BMWs have electric waterpumps that are driven off the alternator instead of a pulley.
[ + ] Breeder
[ - ] Breeder 1 point 2.5 yearsOct 24, 2022 13:57:01 ago (+1/-0)
[ + ] usedoilanalysis
[ - ] usedoilanalysis 0 points 2.5 yearsOct 24, 2022 14:17:40 ago (+0/-0)
[ + ] bonghits4jeebus
[ - ] bonghits4jeebus 0 points 2.5 yearsOct 24, 2022 17:14:30 ago (+0/-0)
They are always making more. The question is whether supply will keep up with demand.
Oil isn't even really the shock that Biden introduced. The government has been somewhat stealthily making it difficult to refine. That's a bigger issue. And no one wants to make 20+ year investments in an environment where peak demand may have been reached and the government (and their pet banks) is actively hostile to this investment.
[ + ] Deleted
[ - ] deleted 2 points 2.5 yearsOct 24, 2022 15:24:42 ago (+2/-0)
[ + ] usedoilanalysis
[ - ] usedoilanalysis 0 points 2.5 yearsOct 24, 2022 15:28:41 ago (+0/-0)
Oil without additives is like drinking distilled water. It ain't really helping.
[ + ] Deleted
[ - ] deleted 0 points 2.5 yearsOct 24, 2022 16:14:34 ago (+0/-0)
[ + ] usedoilanalysis
[ - ] usedoilanalysis 0 points 2.5 yearsOct 24, 2022 16:41:53 ago (+0/-0)
[ + ] Deleted
[ - ] deleted 0 points 2.5 yearsOct 24, 2022 22:09:39 ago (+0/-0)
[ + ] usedoilanalysis
[ - ] usedoilanalysis 0 points 2.5 yearsOct 25, 2022 06:16:42 ago (+0/-0)
Most cars today are drive by wire, no physical connection between throttle and throttle plate. The steering and brake systems are moving in that direction as well. New BMWs have electric waterpumps that are driven off the alternator instead of a pulley.