The one thing that could derail the US oil boom. As US crude exports soar, an unexpected issue is plaguing domestic producers, and it could completely derail the country’s oil boom.
Two South Korean refiners have canceled the delivery of US crude oil cargoes that were due to arrive in January and February this year, Bloomberg reported earlier this week. It cited unnamed sources from the industry as saying the refiners had been concerned about the quality of the crude. Quality could at some point become a bigger problem for US producers.
It’s all because of the pipelines, Bloomberg’s Serene Cheong, Sharon Cho, and Alfred Cang write in an analysis of the issue. There is a massive pipeline network carrying crude oil from the US shale patch to the Gulf Coast ports where it is loaded on tankers and sent to Asia, with South Korea emerging as the biggest buyer of US crude so far this year.
Yet with so many pipelines—trunks and branches—the oil gets contaminated with various undesirable things, from oil residue to heavy metals, pipe cleaning agents, and a group of compounds called oxygenates. These last ones are particularly worrying for refiners, it seems.
“Since the surge in US tight oil formation crude output, there have been persistent quality issues, particularly on consistency,” John Driscoll, chief strategist at JTD Energy Services told Bloomberg. “What does it mean for US exporters? They need to tighten up the specs or face pressure from buyers for further discounts.”
And nobody else will be buying in the future your junk. Including Chinese. That was one time buy at very discounted price.
Zachary Miller
>Did Russians also influenced Bloomberg experts? >Bloomberg experts
>With nearly four decades' energy industry experience in the USA and Asia, my areas of expertise include oil trading, energy contracts, physical arbitrage, vessel transportation, risk management, oil blending, market analysis, price reporting/methodology/forecasting, tanker chartering and supply chain optimisation. Over this period, my broadcast media appearances, industry conference presentations, client seminars and public training workshops have numbered well over one hundred. As a professional advisor and academic, my passions are business education, client strategy, practical training and skills development. Since retiring from trading I have supplemented my skill set with multiple certifications in Massive Open On-Line Courses (MOOCs) as highlighted below and served as an Adjunct Lecturer at Singapore Management University (SMU), Ulsan National Institute of Science and Technology (UNIST) and Singapore University of Technology and Design (SUTD).
>bloomber kike money making news >expert did you slowly become a mental midget or was it overnight ?
Oil field consultant here. The amount we ship to Korea is 1st. Not very significant, also what Russians are leaving out is that This isn’t much and it’s not going to impact production. Saudi has hit peak oil and now relying on artificial lifts, not to mention Korea didn’t break any contractual agreements, they simply returned oil shipments with expectations of receiving better quality. Bloomberg is Jewish media.
Jace Fisher
You’re just fucking stupid, we are the largest refiner in the world. KYS.
Chase Cooper
>very discounted price. It was not discounted at all, Chang.
> drilling for dead dinosaurs > this dead dinosaur is better than that dead dinosaur
Tell me more.
Jonathan Murphy
>we are the largest refiner in the world Yes, and you are producing garbage oil that nobody want's to buy it anymore. But that's OK you can add it to hamburger meat and make best burgers in the World.
Liam Edwards
>>believing Russian propaganda rt.coN clickbaiting Ivan durachok, better be ignored
Matthew Ward
Calm down, you filthy vatnic scum
Colton Russell
Actually theres dead dino and then theres dirt the issue is that US is using dirt and not cleaning it Not surprising as inside those pipes is a bunch of Americans as a buck brigade rolling the barrels of crude through
Jason Morris
SK is talking shit on American oil because SK will buy oil based plastics from China for their clone of apple tech products.
>>this is why america gas prices are going up they are push plastic products losses to the petro gas side.
>The one thing that could derail the US oil boom >completely ignoring the petroyuan
William Ramirez
>As long as U.S. crude is economical, we will keep buying ... For the past two years, we didn’t have any problems, (and) this was the first case So one shipment is contaminated with cleaning chemicals and RT thinks this will completely fuck over US shale?
Aiden Nelson
>try and make peace with NK for them >fuck us in the ass
winning
Asher Price
it has nothing to do with gas prices in the us read the fucking post before you reply moron
Zachary Smith
The oil sellers will renegotiate the contract with Korea. Meanwhile this means cheaper gasoline for the USA. WinRAR
Nathaniel Kelly
show your flag and let's talk about your country's oil production, chaim
Bentley Walker
In this thread we are talking about shitty oil your shithole is producing and even your biggest so called "friend" SOUTH KOREA is refusing this shit...LOL
Leo Sanders
LMAO.....!!! TRUMP PAPER TIGER CONFIRMED.....!!! US judge annuls Trump’s order to expand drilling leases to Arctic & Atlantic areas. A federal judge in Alaska has overruled US President Donald Trump’s plan to open large areas of the Arctic and Atlantic oceans to oil and gas drilling leasing. US District Court Judge Sharon Gleason explained her decision to scrap the White House plans for “energy dominance” by saying that the president just hasn’t the right to add any areas to the leasing program under US law as only Congress can do that. The leasing prohibitions imposed by the former president, Barack Obama, “will remain in full force and effect unless and until revoked by Congress,” the judge said in her ruling.
Speaking of antarctica, isnt china finna boutta get inspected and theyre on australian claim? You ready for them to drain your russkiya so they can sustain themselves in war thats coming?
Joseph Brown
that's good - I don't want retards drilling in the atlantic and fouling the beaches
Sebastian Watson
>mfw you're going to war with South Korea instead of North Korea.
RT's motto is "if it makes the US look bad in any way, we will misrepresent and exaggerate it."
You should have seen RT during the Ferguson riot. They were practically calling the US police a white supremacist fascist Gestapo out to kill the poor dindus.
Gabriel Cox
Is this a rare Boomer flaggot? Amazin
Grayson Turner
The one thing that could derail the US oil boom. As US crude exports soar, an unexpected issue is plaguing domestic producers, and it could completely derail the country’s oil boom.
Two South Korean refiners have canceled the delivery of US crude oil cargoes that were due to arrive in January and February this year, Bloomberg reported earlier this week. It cited unnamed sources from the industry as saying the refiners had been concerned about the quality of the crude. Quality could at some point become a bigger problem for US producers.
It’s all because of the pipelines, Bloomberg’s Serene Cheong, Sharon Cho, and Alfred Cang write in an analysis of the issue. There is a massive pipeline network carrying crude oil from the US shale patch to the Gulf Coast ports where it is loaded on tankers and sent to Asia, with South Korea emerging as the biggest buyer of US crude so far this year.
Yet with so many pipelines—trunks and branches—the oil gets contaminated with various undesirable things, from oil residue to heavy metals, pipe cleaning agents, and a group of compounds called oxygenates. These last ones are particularly worrying for refiners, it seems.
“Since the surge in US tight oil formation crude output, there have been persistent quality issues, particularly on consistency,” John Driscoll, chief strategist at JTD Energy Services told Bloomberg. “What does it mean for US exporters? They need to tighten up the specs or face pressure from buyers for further discounts.”
The one thing that could derail the US oil boom. As US crude exports soar, an unexpected issue is plaguing domestic producers, and it could completely derail the country’s oil boom.
Two South Korean refiners have canceled the delivery of US crude oil cargoes that were due to arrive in January and February this year, Bloomberg reported earlier this week. It cited unnamed sources from the industry as saying the refiners had been concerned about the quality of the crude. Quality could at some point become a bigger problem for US producers.
It’s all because of the pipelines, Bloomberg’s Serene Cheong, Sharon Cho, and Alfred Cang write in an analysis of the issue. There is a massive pipeline network carrying crude oil from the US shale patch to the Gulf Coast ports where it is loaded on tankers and sent to Asia, with South Korea emerging as the biggest buyer of US crude so far this year.
Yet with so many pipelines—trunks and branches—the oil gets contaminated with various undesirable things, from oil residue to heavy metals, pipe cleaning agents, and a group of compounds called oxygenates. These last ones are particularly worrying for refiners, it seems.
“Since the surge in US tight oil formation crude output, there have been persistent quality issues, particularly on consistency,” John Driscoll, chief strategist at JTD Energy Services told Bloomberg. “What does it mean for US exporters? They need to tighten up the specs or face pressure from buyers for further discounts.”
One shipment turned down = rest of world rejection? Kill yourself mystery meat.
Benjamin Rodriguez
The one thing that could derail the US oil boom. As US crude exports soar, an unexpected issue is plaguing domestic producers, and it could completely derail the country’s oil boom.
Two South Korean refiners have canceled the delivery of US crude oil cargoes that were due to arrive in January and February this year, Bloomberg reported earlier this week. It cited unnamed sources from the industry as saying the refiners had been concerned about the quality of the crude. Quality could at some point become a bigger problem for US producers.
It’s all because of the pipelines, Bloomberg’s Serene Cheong, Sharon Cho, and Alfred Cang write in an analysis of the issue. There is a massive pipeline network carrying crude oil from the US shale patch to the Gulf Coast ports where it is loaded on tankers and sent to Asia, with South Korea emerging as the biggest buyer of US crude so far this year.
Yet with so many pipelines—trunks and branches—the oil gets contaminated with various undesirable things, from oil residue to heavy metals, pipe cleaning agents, and a group of compounds called oxygenates. These last ones are particularly worrying for refiners, it seems.
“Since the surge in US tight oil formation crude output, there have been persistent quality issues, particularly on consistency,” John Driscoll, chief strategist at JTD Energy Services told Bloomberg. “What does it mean for US exporters? They need to tighten up the specs or face pressure from buyers for further discounts.”
The Obelisk is a masonic TIME RAY between the dawn of time (history of mankind) and today (this day). Akram Elias (33° Freemason in a great US-Lodge). In 2022 we are on TOP of the PYRAMID on this Obelisk (e. g. Washington Monument). There will be the great FIGHT between „EVIL“ (the Elites) and „GOOD“ (the folks). What does that mean ? Is 2022, February 22nd on 2:22 am our last moment before WORLD WAR 3 begins ???
Der Obelisk ist ein freimaurerischer ZEITSTRAHL zwischen Anbeginn der Zeit (Menschheitsgeschichte) und heute (dieser Tag). Akram Elias (33° Freimaurer in einer US-Großloge). 2022 sind wir an der SPITZE der PYRAMIDE dieses Obelisk (z. b. Washington Monument) angelangt. Dann wird der große KAMPF zwischen „BÖSE“ (den Eliten) und „GUT“ (die Völker) stattfinden. Was bedeutet das ? Ist der 22.02.2022 um 2:22 Uhr unser letzter Moment bevor WELTKRIEG 3 anfängt ???
The illustrated online chart, that accompanies this study, will reveal that in fact, these specific longitude-to-year intervals have been marked out by design to formulate a timeline and thus a ‘countdown’. The longitude at the base of this Hampton Pyramid begins with 19 degrees 06 minutes or the year 1906. At the other end of the pyramid, just outside the Palace at the western entrance, the longitude corresponds to 20 degrees, 22 minutes or the year 2022. What this timeline is possibly signaling then is a countdown to the year 2022 specifically. What is or will be significant about the year 2022? Could this year ‘countdown’ possibly be correlated to a ‘Doomsday’ or an end of a time sequence? It could correspond to the time when this present Age is to come to a close, or as in a ‘doomsday’ coming upon Earth that the Bible and many other extra-Biblical sources predict it will happen. The possible implications of this Doomsday Pyramid timeline does corroborate with Biblical and extra-Biblical prophecies.
James Parker
Many scholars have come up with End-of-Days timelines that match this ‘Doomsday Pyramid’ year countdown pattern. Some Biblical timetables, for example, put Christ’s 2nd Coming in 2022. With the ever increasing heavenly signs and wonders presently occurring on Earth and the heavens, it just might be plausible that, according to Jesus’ predictions, this last generation would be entering the most horrific time in human history with a countdown to ‘Doomsday’. Christ did describe the end of the Age, just before His 2nd Coming, in terms of a ‘Doomsday’ scenario. He used apocalyptic language to describe it as a time of His coming Wrath when calamities and perplexities would be occurring on Earth as a woman in birth-pangs. This would be due to His righteous judgment upon a wicked and perverse generation; of a Christ rejecting generation. Moreover, this coming judgment of Christ, or Wrath of the Lamb as the Book of Revelation depicts it, upon the world would be to the point that men’s hearts would fail them. This would be because of the coming celestial signs in the heavens that would be so ominous and frightening accompanying Christ’s divine judgment.
Justin Myers
It would be such a time when even all the ILLUMINATI that will be hunkered down in their Deep Underground Military Bases (DUMBS) will call upon the mountains to fall on them before succumbing to the Wrath of the Lamb to come. What could do such that? There are regularly scheduled series of lunar and solar eclipses, asteroids and meteor showers that occur all the time or hit the Earth. What could possibly be so ominous and frightening that will cause men and women to have heart attacks by what they see coming up in the sky? In terms of some coming celestial signs, most notably, the Tetrad of 2014-2015 does echo the description of Joel 2 in that the ‘Moon would be turned to blood’ and that the ‘Sun would turn to sackcloth’ before the Day of the LORD or 2nd Coming of Jesus Christ back to Earth. But what is fascinating to consider is that this ‘Doomsday Pyramid’ not only is counting down to the year 2022 but it is also counting down to the ominous and frightening spherical object depicted next to the Hampton Pyramid 2015 year marker alignment. On note, 20 degrees, 15 minutes is the official longitude designation for the Palace.
Colton Kelly
I’m starting to sense a pajeet or brown European.
Jacob Cox
>fracking This will unironically save the world from the eternal mutt and his brown brethren Not having clean water does magical things to your demographics
Joseph Morales
The one thing that could derail the US oil boom. As US crude oar, an unexpected issue is plaguing domestic producers, and it could completely derail the country’s oil boom.
Two South Korean refiners have canceled the delivery of US crude oil cargoes that were due to arrive in January and February this year, Bloombergarlier this week. It cited unnamed sources from the industry as saying the refiners had been concerned about the quality of the crude. Quality could at some point become a bigger problem for US producers.
It’s all because of the pipelines, Bloomberg’s Serene Cheong, Sharon Cho, and Alfred Cang write in an analysis of the issue. There is a massive pipeline network carrying crude oil from the US shale patch to the Gulf Coast ports where it is loaded on tankers and sent to Asia, with South Korea emerging as the biggest buyer of US crude so far this year.
Yet with so many pipelines—trunks and branches—the oil gets contaminated with various undesirable things, from oil residue to heavy metals, pipe cleaning agents, and are particularly worrying for refiners, it seems.
“Since the surge in US tight oil formation crude output, there have been persistent quality issues, particularly on consistency,” John Driscoll, chief strategist at JTD Energy Services told Bloomb “What does it mean for US exporters? They need to tighten up the specs or face pressure from buyers for further discounts.”
>he believes the "fossil" fuel lie Kek you dumb fuck. The carbon that creates oil is so abundant because the Earth is constantly pushing up more. There is no "peak oil" where we run out of dinosaurs bones dipshit. They always, always keep finding more.
Juan Sullivan
>“I’m talking in particular about the rollout of China’s GNS (global navigation satellite) system, which is called BeiDou, and BeiDou is a rival to the US-led system GPS.” >“Why this is all important is because of the GPS systems of China, Russia and the US: in a time of war they become really crucial, they’re used for missile timing and positioning,”
they gonna get felt up and if I have learned anything from 2ch hk/po/ its that the bugmen despise the Russian more than us, or in other words shit rolls down hill
Daniel James
>But that's OK you can add it to hamburger meat and make best burgers in the World. Their foods have a lot of worse shit than that ironically
Oil is abiotic, it's produced deep underground and seeps up to the surface through fissures in the Earth's crust. A well will replenish itself it left alone for long enough.
It's not made of dead dinosaurs lmao.
Liam Young
Dirty putin dog is back, now fetch for your master
Nicholas Brooks
Let it burn! Accelerate this capitalist bullshit to breaking point!
John Rodriguez
That's funny Trump has been shilling about the USA being the biggest producing nation of oil
Another thing not mentioned is that Korea got spooked by Fukushima and is in the process of shutting down all nuclear power plants in the country. Almost half are offline as of now and the other half will be gone by 2024 projected. Korea is building more coal firing plants and importing coal at a higher rate each year. Korea will be hungry for more oil and natural gas as the country shifts from nuclear energy. >Big mistake, imo, but what can you do?
Michael Bennett
>an edict by a president cannot be overulled by a president Another politically biased clown judge that will get overruled by higher court, based obstructionist retards
