Post #2790423
2026-05-04 00:44 UTC
Nah man that’s multiple quarters in the future and every drop the US can produce and sell will get out there meaning maximum profits. For long term you’re right. Which longterm it’s probably the right direction. It should have stayed $4-$5 from back when Bush/Obama was in office. Alternatives would already be here.
Replies (2)
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@Mirshe@lemmy.world 2026-05-04 01:48
Actually, US oil is pretty much junk from a gasoline perspective. You can squeeze gas out of it, but you can't really get DIESEL, which is the big driver of fuel costs thanks to our entire modern delivery system, and in turn most of our manufacturing capability, relying entirely on it. You used to be able to do it by sending it through alkylation, but the last plant that handled that in the US blew up a couple years ago and it was never fixed, because why would anything need to be fixed ever.
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@billwashere@lemmy.world 2026-05-04 15:43
Yeah that’s the flip side for sure. High gas prices would have caused some much needed change.