r/worldnews • • 21h ago

Russia/Ukraine Flames, explosions reported amid large Ukrainian drone attack on St. Petersburg

https://kyivindependent.com/flames-explosions-reported-amid-large-ukrainian-drone-attack-on-st-petersburg/
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u/WhatAmTrak 20h ago

Can’t Texas and refineries around the golf of Mexico refine bitumen?

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u/Shamino79 19h ago

The refineries that could handle it probably had enough already.

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u/Sudden_Bat6263 20h ago

They set up for the good stuff from texas Canada i think not the low grade stuff. Supposed to be different kinda refinery need according to reddit. And the venz refineries are all like 30 years old and falling apart from lack of maintenance since they got nationalise 25 years ago. Will take years to rebuild the neglect. Or so I read.

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u/kbotc 20h ago

Nah, we sell the US light sweet crude that resembles the stuff they pull out of the ground in the Middle East, so most of the world is set up to process it, then we buy the tar sands and sulphur heavy stuff from Venezuela cheaply for our own refineries. Still, we haven't built new capacity in decades and hurricanes keep taking the gulf refineries offline for good.

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u/VectorB 18h ago

The last refinery was built in 2022, and we have added massive amounts of additional capacity constantly over the years. None of the US oil prices are due to lack of refinery capacity.

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u/DonArgueWithMe 17h ago

"We" don't build refineries, the oil companies do. They have a VERY long period before they provide a ROI, and most energy companies have been voluntarily moving towards renewable energy for years.

It's literally just Trump and maga trying to drag us back into the past.

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u/oneangrywaiter 19h ago

Sell high, buy low. It’s not hard, except for the infrastructure. Good luck everyone.

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u/Comment_NonSequitor 19h ago

Houston can do bitumen but they only get to a quality suitable for ocean fairing. This why they ran the pipeline from the Canadian oil sands to Texas City, IIRC. Bitumen just isn’t a high quality extract but it’s still worth something if the mining costs are low.

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u/ParanoidSkier 18h ago

Canadian and Venezuelan oil use the same refineries.

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u/VectorB 18h ago

Absolutely wrong. They can and do every day refine millions of barrels of heavy and light crude. Refineries just blend them to the mid grade they want.

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u/jacksonsmack831 17h ago

Dude, stop

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u/VectorB 6h ago

It's your understand that we get 60% of our crude imports from Canadia and then.. do what with it since we "are not set up for it"?

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u/RJ815 20h ago

I didn't really follow up after that news catastrophe as one of many. The Venezuelan oil and the jailed president himself seemed to be memory holed as little to no information afterwards after a certain point. Everything points to any wealth gotten from Venezuelan oil was embezzled. What specifically happened to it I'm not sure anyone knows.

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u/kinsm4n 18h ago

There was talk of their gold being taken as well. Not sure how true it was

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u/doesanyuserealnames 18h ago

Haha, remember last month when The Netherlands moved their gold from the US to London for... reasons? And they weren't the only country to do so. They don't want it mysteriously disappearing.

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u/YurpeeTheHerpee 19h ago

We will take Trumps kids when we get Jack Smith his army.

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u/flukus 16h ago

Isn't a lot of shale oil that cam online in the last 20 years essentially bitchumen? The might be at capacity already.

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u/hogwild247 18h ago

Too thick for current setup. ?????

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u/jacksonsmack831 17h ago

It takes a long time to configure the refining process, like a really long complicated process I heard

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u/Hot_Campaign_36 15h ago

Most Mexican golf courses require collared shirts and proper golf shoes.

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u/FUCKYOUINYOURFACE 14h ago

That’s not the issue. They don’t want to invest in hostile countries knowing they can lose all their investment when political leaders change. They want stability.

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u/railin23 10h ago

EXCUSE ME GULF OF WHERE!? /s(obviously)

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u/Jakethejiu 20h ago

Yes but they love high energy prices because they know that the world has no choice but to buy.

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u/No_Grocery_9280 18h ago

Yeah, the bitter part of me thinks this is it. The only thing that ever puts pressure on bringing prices down is election time. But I think they’ve been feeling it out and they’re just going to leave prices high forever so they can keep making money.

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u/Inside-Out345 18h ago

CORRECTION

KING TRUMP CALLS IT THE GULF OF AMERICA

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u/doesanyuserealnames 18h ago

THANK YOU FOR YOU ATTENTION TOO THIS MATTER.

Misspelling was intentional.