U.S. pump prices and projections

Oh dear, you have me backed into a corner. I already posted my concerns, and it would not be wise for me to do it again because it is political, and that is forbidden. I was not sure if the discussion of religion and oil and oil and war are political so I googled for information. AI says...

So I can not explain my sarcastic comment. However, a geology professor who worked for oil companies in the Middle East gave me a copy of the books he wrote, and for years I have been expressing concern about our dependence on oil, and people who never look for information have assured me that the US has all the oil it needs. :cautious:
It's okay, thanks. I think I understand it. And right, we don't want to break any rules. To my understanding, religion is not off limits, but it can result in arguments, and when those get out of control, threads can be closed.
 
Here's the problem with our oil...

The U.S. produces a massive amount of oil, but it's often the "wrong" kind for our infrastructure:
  • U.S. Production: Mostly light, sweet crude (low sulfur, low density) from shale regions like the Permian Basin.
  • U.S. Refineries: About 70% of capacity is optimized for heavy, sour crude (high sulfur, high density).
  • Historical Context: Most refineries were built in the 1970s and 80s when the world supply was shifting toward heavier oils from places like Venezuela and Mexico.
So even though we produce more than we use, we can't refine enough of it, so we need to import oil that's compatible with our refineries.
 
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