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Open thread March 3, 2014

Dan Crawford | March 3, 2015 7:17 am

Comments (7) | Digg Facebook Twitter |
7 Comments
  • rjs says:
    March 3, 2015 at 7:59 am

    on Saturday, i dug into the EIA data and found that our refined products exports had more than doubled since fracking started, and that the increase in exports was on barrel basis 60% of the total increase in US oil production over the period…since a lot of that oil is coming to east coast refineries by train, i tied that to government forecasts that we’d see an average of ten derailment bombs a year over the next two decades, and that 200 fatalities were likely should one derail in a populated area…with up to 80 unit trains a week from the Bakken rolling thru the area, Philidelphia looks like a likely target:
    60% of new US oil output is being exported; 200 of us will die by bomb train so that can continue

  • Denis Drew says:
    March 3, 2015 at 11:18 am

    A COMMENTER AT ANOTHER BLOG THOUGHT WE’D NEVER USING RICO-HOBBS TO BUST UNION BUSTERS PAST THE USSC. CUT AND PASTE:

    You have a lot of in between courts — think trial courts in 50 states; think West Coast liberal appeal courts.

    They tried to use RICO on prolife demonstrators. Prolife only got away because they did not seek any economic gain. One of the USSC dissenters (Stevens?) argued that prolife took the power to operate their business from the clinics and gained it for themselves. This may be a very stretchable drum skin — very straight forward criminal law that can’t easily be ducked — even if nobody thought to do it up to now; trasfixed on the ONE-DIMENSIONAL legality of firing a non-contract worker.

    Even if it all dies at USSC the flurry of cases across country must change the CULTURE — waking sleeping Americans to the UNDEMOCRATIC REALITY they have descended into economically AND politically via creeping de-unionization; to their current desperately helpless condition.

    BTW; While I’m not looking forward to locking up half the business owners in the country or all the union busting consultants; once the first guiltys come down the consultants will run for the hills as the fines come down — wont want to chance it until it settles out. Businesses the same. Matter of fact, once the first cases go to court — probably one word gets around that cases MIGHT go to court — the same should run for the hills til they see what happens.

    Meantime labor may be able to organize with impunity so that by the time the cases make USSC it’s too late: we’re all organized! :-O
    * * * * * *
    Teamsters Union motto: “Greed is good (for us too).

    Teamsters’ song (hope Mad Magazine’s copyright, circa 1960, has run out):
    Over hill, over dale, we will hit the union trail;
    As the Teamsters go rolling along;
    And it’s high, high, hey when we want a raise in pay;
    we shout out our grievance loud and strong!

  • ilsm says:
    March 4, 2015 at 9:54 am

    US imported on net 5.14Mbbl/day crude oil week of 20 Feb 15.

    US exports exceed imports of “distilled product”. The US does not exports gasoline to any large extent.

    A barrel of oil has may diverse “products”. Gasoline “boils off” at relatively low temperature. The remaining stock is heated further and later “cracked” into diesels, kerosene etc. The last product is a sludge used for roads.

    A reason US exports distillates is likely the high ratio of gasoline in the transportation fuel mix compared to other countries.

  • rjs says:
    March 4, 2015 at 10:13 am

    ilsm, i’m aware that the US refinery process produces more distilates than we’d normally use vis-a-vis the output of gasoline…

    what i was trying to show was the exponential growth of all our refined product exports in recent years…as the graphs from the EIA that i use show, our total exports of refined product tripled over the past 8 years, with a nearly 10 fold increase in fuel oil exports in the past decade..

    my overall point was quite simple: that the increase in exports was on a number of barrels basis 60% of the total increase in US oil production over the period cited…

    since a lot of that explosive Bakken oil is coming to east coast refineries by train, i tied that to government forecasts that we’d see an average of ten derailment bombs a year over the next two decades…the government expects that as a result, 200 will die, but hey, those dead are just collateral damage, the expected cost of doing business

  • rjs says:
    March 4, 2015 at 10:30 am

    the long term national security and economic aspects of it are stupid, too;
    the EIA projects our oil production will peak in 2020 and gradually decline from there…meanwhile, they project an average price of $234.53 a barrel by 2040:
    http://www.eia.gov/forecasts/aeo/pdf/tbla1.pdf

    we’re selling cheap now and we’ll be buying it back dear later…

  • ilsm says:
    March 4, 2015 at 4:51 pm

    US is consuming (refining< i suppose) as much crude, nearly, as ever. The excess over domestic consumption distillates is for a reason: NG doing more electric, more rail than over road trucking, etc.

    Why Bakken oil does not go by Great Lakes tanker is beyond me. Cheaper than pipelines, like ore carriers relatively safer.

    Maybe the WV derailment was dropped at Cleveland?

    A long time ago I was in the inventory management of refined product.

  • rjs says:
    March 4, 2015 at 5:42 pm

    the train route for the WVa derailment was through Defiance, then south, so i’d guess it would have passed through Columbus….i imagine the Bakken crude route to Philly, @ 80 unit trains a week, would go thru cleveland…

    as i understand it, some pipelines are operating at 50% of capacity because they’re not where the new oil is…meanwhile, rails
    are expected to move nearly 900,000 car loads of oil this year..

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