Quote from: K-Dog on Dec 13, 2025, 08:08 PMQuoteHey! I've said that same thing more than once, but about peak oilers.Nuance is important yes. Classical peak oilers, unlike myself, consider all oil to be the same.
Well, good to hear that peak oilers going back to JP Lesley in 1886 had it wrong for a specific reason that only us "in the know" are familiar with.
Quote from: K-DogVenezuela's extra-heavy Orinoco Belt crude oil is difficult, costly, and energy-intensive to extract and refine into American gas station go juice. If American oil companies get control of it the would be the only ones who could refine it. Perhaps you could inform the Diner about this.
Do you think only you and I know this because we read the wiki on it, and all those classical peakers couldn't be bothered to read this secret knowledge?
You've just described Canadian tar sands as well (except their development is more difficult) and yet they produce millions of barrels a day of the stuff. I guess all these challenges really don't matter much to the right people/company. Hence my inclusion of XOM in the mix. If Canucks can do it with more difficult old, XOM can do it piece of cake in Venezuela.
Quote from: K-DogTrump is a bit trapped animal right now. That throws some chance into what would certainly be a sure thing, American greed being what it is.
Well, out of curiousity, if we assume you and I and RE aren't naturally greedy, and many other Americans, where do you think "America" in the collective gets it from? Just the political system, or the actors within the political system?