The \u201ckeep it in the ground\u201d snowflakes are certainly a clueless bunch. They have no idea what they are talking about and standing on the street and chanting while wearing faux fur, Dacron II filled nylon jackets with plastic zippers, and holding up signs made from vinyl speaks volumes about their nonsensical view of the world. Never mind 99% of them drove to the protest in an automobile and the IPhone in their pocket wouldn\u2019t function without petroleum.
\nYou cannot have a modern world without oil and petrochemicals. And to do so would make a major shift to using plant based oils which means you rip up millions of acres of grassland and suboptimal land to grow soybeans and corn.<\/p>\n
Trump also doesn\u2019t seem to understand that we need exports and imports of oil to survive under the current energy policy. But perhaps he will learn. Obama made it clear no Canadian imports. We need those heavy oil imports to blend with our ultralight \u201cunconventional\u201d oils. We do not have heavy oils in abundance and we are importing more and more oil from overseas to blend with our own light crudes. That is why pipelines are so important. The \u201ckeep it in the ground\u201d snowflakes are certainly a clueless bunch. They have no idea what they are talking about and standing on the street and chanting while wearing faux fur, Dacron II filled nylon jackets with plastic zippers, and holding up signs made from vinyl speaks volumes about their nonsensical view of the world. Never mind\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-355","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/posts\/355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/comments?post=355"}],"version-history":[{"count":1,"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/posts\/355\/revisions"}],"predecessor-version":[{"id":356,"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/posts\/355\/revisions\/356"}],"wp:attachment":[{"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/media?parent=355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/categories?post=355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.roxnoil.com\/wpadmin\/index.php\/wp-json\/wp\/v2\/tags?post=355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nBut overall, we have a huge glut of supply and it isn\u2019t going away fast. Indeed, despite higher prices recently, I will predict that gasoline prices must fall again this summer. The imbalance caused by this light \/ heavy crude issue and the lack of \u201clegacy\u201d oil has filled our storage in Cushing and elsewhere to capacity.
\nFor more read Art Berman\u2019s <\/a>petroleum blog.<\/p>\n","protected":false},"excerpt":{"rendered":"