233
Trump in wake of Iran attack: ‘Everyone, keep oil prices down’ (thehill.com)
submitted 1 year ago by to c/nottheonion@lemmy.world
22 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 3 points 1 year ago (2 children)

Right, IIRC correctly the US mostly produces the heavy stuff and mostly consumes the light stuff.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 9 points 1 year ago (1 child)

    You've got that backwards. US consumes the heavy stuff because it is cheap and they have the ability to refine it. They sell the light stuff to places that do not have the refining capacity to refine the heavy stuff.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
  • [–] 3 points 1 year ago

    For the crude certainly but I was thinking about end products, being as our cars are mostly gassers and our home heating is pretty much entirely methane, electric of course being the exception but I don't think I've ever seen an oil burner outside of the context of kitchens and mechanic's shops.

  • permalink
  • fedilink
  • source
  • parent