yeah from what people are telling me, we have the capability of processing lower quality crude oil so it makes more sense to export our high quality stuff, then buy the cheap stuff since we can already refine it.
yeah thats pretty much the TL;DR here. It’s complicated since oil is complicated and there isn’t really a “insert oil” oil to talk about, there are a lot of variations of it, and a lot of ways to refine it, and a lot of different resultant products from it as well.
The fact that the modern petro industry even works is kind of insane.
Butter and skimmed milk also come from the same source. You have a complex mixture of stuff that is differently viscose, so in mixture it all ends up with a certain viscosity. Now you separate it and you get stuff that is almost solid and you get stuff, that is very liquid, or in the case of crude oil you get some gaseous fractions.
it’s also to do with prices. There is a certain amount of this that is true, but the primary reason is oil prices.
yeah from what people are telling me, we have the capability of processing lower quality crude oil so it makes more sense to export our high quality stuff, then buy the cheap stuff since we can already refine it.
yeah thats pretty much the TL;DR here. It’s complicated since oil is complicated and there isn’t really a “insert oil” oil to talk about, there are a lot of variations of it, and a lot of ways to refine it, and a lot of different resultant products from it as well.
The fact that the modern petro industry even works is kind of insane.
yeah it’s wild to me that petroleum jelly and kerosene come from the same thing
that is quite simple actually.
Butter and skimmed milk also come from the same source. You have a complex mixture of stuff that is differently viscose, so in mixture it all ends up with a certain viscosity. Now you separate it and you get stuff that is almost solid and you get stuff, that is very liquid, or in the case of crude oil you get some gaseous fractions.