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Originally Posted by steelhouse
Unfortunately, this new chart doesn't attempt to say what your previous one did. Are you following your own argument?
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Originally Posted by steelhouse
If you bring in crude oil and you send out gasoline, basically the country is not using the oil.
What is this even trying to say? In what amounts? Regardless, I'm sure the EIA takes that into account, which is why it's called NET imports.
Any way you slice it, we import almost half the total liquids we consume. And we only have it barely under half by doing tricks with refinery gains, and letting the industry change definitions of what constitutes crude.
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Originally Posted by steelhouse
The four largest components are LPG, gasoline, fuel oil, and petroleum coke. If those were not shipped overseas they would add to electrical, heating, and transportation fuel here.
Soooo, your argument seems to be that we should be isolationists with our crude imports and not honor any refinery contracts?
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Originally Posted by steelhouse
The reality is imports are way down and in many ways helps inflation numbers look lower than they should be.
Imports are down perhaps 3.5-4 million barrels per day (not "way" down at all), entirely due to enormously expensive oil and gas from shale, which is utterly unsustainable and at peak.
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Originally Posted by steelhouse
As we've covered, solar doesn't move freight, kill insects nor fertilize crops. Try and focus on what the discussion is about.
Or, instead, you can double-down and punt to the wonders of battery technology, as if they don't apply to the basic Laws of Thermodynamics either:....
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Originally Posted by steelhouse
Too bad that with lithium demand growing at 12% per year (conservative estimate), there's only enough of the resource available for about oh, 10-15 years. Nevermind how expensive it is to extract, how much magnesium must be separated, nor that it requires complex computer management systems just to remain remotely useable.
And, you might wanna do a bit more research regarding just how "recyclable" it is.
Why Advanced Lithium Ion Batteries Won't Be Recycled
In light of their appallingly low metal values, lithium iron phosphate batteries from A123 Systems (AONE) and Valence Technologies (VLNC), lithium manganese batteries from Ener1 (HEV) and lithium titanate batteries from Altair Nanotechnologies (ALTI) will never be reasonable candidates for recycling, which effectively guarantees that buyers will ultimately be required to pay huge up-front disposal fees – think tires with a few more zeros.
I'm very familiar with cornucopian belief systems (usually from cons) and half-measures that attempt to dismiss resource depletion, and you're no different. Unfortunately, substitution doesn't work, costs keep rising, and technological advancement has barely budged.
Like I said: Nothing has proven more efficient, diverse and relatively affordable than crude oil ... It's referred to as the petrol-dollar for a reason... And the reality is that since 2005, production of that resource is flat, and the global economy is seizing up as a result.
Solar and lithium (which both depend on fossil fuels to extract, refine and deliver) will not save the empire. Sorry.