APC Oil talk
11-22-2024 | 06:43 PM
#1
Thread Starter
Gets Weekends Off
Joined: Dec 2013
Posts: 2,577
Likes: 75
APC Oil talk
11-22-2024 | 07:53 PM
#2
On Reserve
Joined: Feb 2023
Posts: 199
Likes: 110
If your favorite president keeps cutting regulations in his new term and letting the economy roar (as well as drilling for oil) then we could be at 1,500 at the end of the year. The wealth effect is real. There are thousands of newly minted millionaires this month. Elections have consequences.
I am always amused by people who think things will magically change in some huge way. Barring insanely high tariffs or essentially impossible levels of mass deportation to crash the economy, absolutely nothing will change on a scale that quick. The economic impact of most policies is measured on the scale of years to decades.
The most likely policy to affect hiring immediately would be age 67. That would probably result in a reduction of 300-400 pilots needed per year for two years.
11-22-2024 | 10:28 PM
#3
Line Holder
Joined: Jul 2021
Posts: 41
Likes: 0
If your favorite president keeps cutting regulations in his new term and letting the economy roar (as well as drilling for oil) then we could be at 1,500 at the end of the year. The wealth effect is real. There are thousands of newly minted millionaires this month. Elections have consequences.
Anyway where are the new AEs!?
11-23-2024 | 03:13 AM
#4
Gets Weekends Off
Joined: Dec 2007
Posts: 6,203
Likes: 270
If your favorite president keeps cutting regulations in his new term and letting the economy roar (as well as drilling for oil) then we could be at 1,500 at the end of the year. The wealth effect is real. There are thousands of newly minted millionaires this month. Elections have consequences.
11-23-2024 | 03:23 AM
#5
Gets Weekends Off
Joined: Dec 2007
Posts: 6,203
Likes: 270
Drill all you want the refineries in the US are not set up to refine the type of oil we have in abundance here in the US. They’re set up to refine oil from the Middle East, if they refined US oil they’d do so at a loss. That’s why we export all of our oil. But hey, pilots know everything…
Anyway where are the new AEs!?
Anyway where are the new AEs!?
Most shale oil in the United States is refined at large-scale refineries, with a significant concentration along the Gulf Coast, particularly in Texas and Louisiana. These refineries are equipped to handle the unique composition of shale oil and process it into various petroleum products.
- Texas
- Marathon Galveston Bay Refinery in Texas City (631,000 bpd capacity)
- Motiva Port Arthur Refinery in Port Arthur (626,000 bpd capacity)
- ExxonMobil Beaumont Refinery in Beaumont (609,024 bpd capacity)
- ExxonMobil Baytown Refinery in Baytown (564,440 bpd capacity)
- Louisiana
- Marathon Garyville Refinery in Garyville (597,000 bpd capacity)
- ExxonMobil Baton Rouge Refinery in Baton Rouge (522,500 bpd capacity)
- Citgo Lake Charles Refinery in Lake Charles (455,000 bpd capacity)
- Other Locations
- BP Whiting Refinery in Whiting, Indiana (435,000 bpd capacity)
- Marathon Los Angeles Refinery in Carson, California (365,000 bpd capacity)
Shale oil is refined into various petroleum products, similar to conventional crude oil. However, the primary products obtained from shale oil refining are:
Transportation Fuels
Gasoline: A significant portion of refined shale oil is converted into gasoline for use in automobiles
Diesel fuel: Shale oil is well-suited for producing middle distillates, including diesel fuel.
Jet fuel: Another important middle distillate product obtained from shale oil refining
Transportation Fuels
Gasoline: A significant portion of refined shale oil is converted into gasoline for use in automobiles
Diesel fuel: Shale oil is well-suited for producing middle distillates, including diesel fuel.
Jet fuel: Another important middle distillate product obtained from shale oil refining
11-23-2024 | 07:00 AM
#10
Line Holder
Joined: Jul 2021
Posts: 41
Likes: 0
https://www.api.org/news-policy-and-...and-export-oil
Thread
Thread Starter
Forum
Replies
Last Post
