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(Reuters)   Oil refineries turning to biofuels in effort to stay open. "The shock of the coronavirus epidemic crushed global oil demand and as some producers say it might never recover to pre-crisis levels, the need to close refineries has accelerated"   (reuters.com) divider line
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324 clicks; posted to Business » on 19 Oct 2020 at 11:35 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2020-10-19 10:36:30 AM  
Fast forward two years:

"Prices continue to rise as the oil industry struggles to meet the surging demands of a booming economy."
 
2020-10-19 10:36:51 AM  
Moving capacity away from fossil fuels is good. Increasing dependence on soy and other vegetable oil sources is probably better than fossil fuels, but doesn't come without downsides. The aquifers that are tapped to grow these crops are suffering and the soils where these crops are grown degrade and become saltier each year.

Biofuels are a step in the right direction, but we need tobe careful to not back ourselves into a corner. Wind, sun, geothermal and wave energy all work without threats faced by agricultural energy production. The answers we have now aren't perfect, but we have to move away from finite resources, sooner or later.
 
2020-10-19 11:22:14 AM  
So instead of burning oil, they are going to burn McDonald's grease traps?

Also, this is a hooooooorrible idea

Fark user imageView Full Size
 
2020-10-19 11:46:24 AM  
FATS DOMINO - AIN'T THAT A SHAME 1955
Youtube I6JZW7zMDfY


Sucks for petrostates, but it sucked for whalers and buggy-whip manufacturers as well. Might be nice if we didn't have to spend billions maintaining carrier groups in the Middle East for decades on end too.
 
2020-10-19 11:54:15 AM  
As an aside, what the heck are we going to fight about once petroleum is no longer a crucial commodity?

Spindletop, Tx, 1901. This is the event that (arguably) farked the entire 20th century.

Fark user imageView Full Size


Already know what we're gonna fight about. It's fresh water.
 
2020-10-19 12:06:15 PM  
Holy clams! International Grease Recovery Device Inc. is still chugging along... I was their tech support / desktop-publishing-in-Ventura Publisher guy 30+ years ago. That's happy, and I wish them well.
 
Juc
2020-10-19 12:09:09 PM  

maxheck: As an aside, what the heck are we going to fight about once petroleum is no longer a crucial commodity?

Spindletop, Tx, 1901. This is the event that (arguably) farked the entire 20th century.

[Fark user image 410x488]

Already know what we're gonna fight about. It's fresh water.


onlinestorageauctions.comView Full Size


That's a thing that could even tear countries apart.
 
2020-10-19 12:24:39 PM  
$40 Brent Crude has reeaaaaly made some countries rethink their priorities.
 
2020-10-19 12:29:38 PM  

Juc: maxheck: As an aside, what the heck are we going to fight about once petroleum is no longer a crucial commodity?

Spindletop, Tx, 1901. This is the event that (arguably) farked the entire 20th century.

[Fark user image 410x488]

Already know what we're gonna fight about. It's fresh water.

[onlinestorageauctions.com image 400x227]

That's a thing that could even tear countries apart.


Pretty sure it already have. It's going to tear China apart too.
 
2020-10-19 12:35:48 PM  

beezeltown: Moving capacity away from fossil fuels is good. Increasing dependence on soy and other vegetable oil sources is probably better than fossil fuels, but doesn't come without downsides. The aquifers that are tapped to grow these crops are suffering and the soils where these crops are grown degrade and become saltier each year.

Biofuels are a step in the right direction, but we need tobe careful to not back ourselves into a corner. Wind, sun, geothermal and wave energy all work without threats faced by agricultural energy production. The answers we have now aren't perfect, but we have to move away from finite resources, sooner or later.


As a society, we need to get away from cows in general. Not stop eating them, just make it expensive.
 
2020-10-19 12:54:23 PM  

edmo: Fast forward two years:

"Prices continue to rise as the oil industry struggles to meet the surging demands of a booming economy."


Gawd, I hope so... your lips to FSM's ears
 
2020-10-19 1:22:47 PM  

edmo: Fast forward two years:

"Prices continue to rise as the oil industry struggles to meet the surging demands of a booming economy."


True.  But what exactly are they supposed to do until then?  Dump gasoline into the sea?  A better solution is for the "booming economy" to be moving into electricity or at least methane.
 
2020-10-19 1:24:10 PM  
For national security reasons we are going to need to keep a lot of these refineries open even if it is at a substantial loss.
 
2020-10-19 1:31:10 PM  

RussianPotato: For national security reasons we are going to need to keep a lot of these refineries open even if it is at a substantial loss.


Do you know why there are gasoline riots in Iran?

Because they have to ship it to the US, because they have zip so far as refining ability.

Which is also why they want to use their copious uranium deposits for power, because why use the stuff someone else is addicted to?
 
2020-10-19 2:52:32 PM  

maxheck: As an aside, what the heck are we going to fight about once petroleum is no longer a crucial commodity?

Spindletop, Tx, 1901. This is the event that (arguably) farked the entire 20th century.

[Fark user image 410x488]

Already know what we're gonna fight about. It's fresh water.


Religion, same as always.
 
2020-10-19 3:11:11 PM  
Demand for the finished products is down and supply of the bulk input is plentiful.  Of course they're going to have problems.
 
2020-10-19 5:53:18 PM  
Oh great, now we'll have to find some other industry to start wars over a fuel source that's essentially killing all life on Earth.

Won't somebody think of the business warlords!
 
2020-10-19 10:37:06 PM  
Good. I hope the industry dies.

It won't. But I hope.
 
2020-10-19 10:50:13 PM  

hoodiowithtudio: beezeltown: Moving capacity away from fossil fuels is good. Increasing dependence on soy and other vegetable oil sources is probably better than fossil fuels, but doesn't come without downsides. The aquifers that are tapped to grow these crops are suffering and the soils where these crops are grown degrade and become saltier each year.

Biofuels are a step in the right direction, but we need tobe careful to not back ourselves into a corner. Wind, sun, geothermal and wave energy all work without threats faced by agricultural energy production. The answers we have now aren't perfect, but we have to move away from finite resources, sooner or later.

As a society, we need to get away from cows in general. Not stop eating them, just make it expensive.


Beef has a big footprint for a food product, but in terms of things people use in their everyday lives it's not that bad. A gallon of gas has a bigger carbon footprint than a cheeseburger before it even reaches the gas station. If you drive a pickup truck, you're "eating" about 125 cheeseburgers for every tank of gas. I'm sure that fact would delight the average coal rolling trumperdink. Energy is the quickest way to reduce our emissions in a big way without making people drastically change their lifestyles.
 
2020-10-20 12:54:46 AM  

yet_another_wumpus: edmo: Fast forward two years:

"Prices continue to rise as the oil industry struggles to meet the surging demands of a booming economy."

True.  But what exactly are they supposed to do until then?  Dump gasoline into the sea?  A better solution is for the "booming economy" to be moving into electricity or at least methane.


I typically get rid of my methane and move away from it.
 
2020-10-20 6:47:56 AM  

maxheck: As an aside, what the heck are we going to fight about once petroleum is no longer a crucial commodity?

Spindletop, Tx, 1901. This is the event that (arguably) farked the entire 20th century.

[Fark user image image 410x488]

Already know what we're gonna fight about. It's fresh water.


Either that and/or He3, if we ever get back to the moon in a meaningful manner.
 
2020-10-20 11:25:32 AM  

RussianPotato: For national security reasons we are going to need to keep a lot of these refineries open even if it is at a substantial loss.


Yep. And for national security reasons we should be putting Manhattan Project levels of effort into moving away from that.
 
2020-10-20 11:29:53 AM  

Smoking GNU: maxheck: As an aside, what the heck are we going to fight about once petroleum is no longer a crucial commodity?

Spindletop, Tx, 1901. This is the event that (arguably) farked the entire 20th century.

[Fark user image image 410x488]

Already know what we're gonna fight about. It's fresh water.

Either that and/or He3, if we ever get back to the moon in a meaningful manner.


Stop it.

We have Helium 3 on Earth. Certainly enough for a test reactor, it's a byproduct of nuclear weapons, and the US and Russia have plenty. We *still* don't know of any means to make usable fusion from it. At this point, it's just a sci-fi trope.
 
2020-10-20 11:50:13 AM  
Sorry. Just a pet poove.
 
2020-10-20 12:06:21 PM  
Smoking GNU:

And believe me, there are few people who want us to have reason to explore and colonize more than me. HE3 isn't one.
 
2020-10-20 12:53:27 PM  

maxheck: Smoking GNU:

And believe me, there are few people who want us to have reason to explore and colonize more than me. HE3 isn't one.


Definitely with you, Moon Buddy. :D
 
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