WHY IS THE UNITED STATES BUYING RUSSIAN OIL?

Drill baby Drill!Show more

1. Worst energy crisis since 1973! 80% of our energy comes from oil and gas
2. Renewables are the energy of surfs and slaves.

Here are some facts:

1. Wind/Solar cannot power a modern economy right now.
2. It sounds all warm and fuzzy, but the technology is not there
3. Even Germany just apologized for being too dependent on RUSSIA for oil (national news). Germany is now going to spend 2% or more on their defense budget as the last administration told them to do.
4. It would have been nice during the state of the union if Joe Biden said hey “we made some mistakes with Afghanistan, Covid19 and we were energy independent under the last admonition and we need to go back to that. That kind of talk would have won some points with the American people.
5. When your enemies (China, Russia) say they are going to use fossil fuels—You have to use them as well! You can’t be dependent on your enemies for resources and destroy The US economy because you want to be warm and fussy. I am all for green. The US has done more for climate change than any country in the world. We put 1 billion into the climate fund when everyone else put nothing-its voluntary. We have clean coal, unlike china. Our smoke stakes omit vapor! We have scrubbers on our smoke stakes. So you should not get so upset about coal!

Forget solar and wind it's a pipe dream!

Why are we spending 70M a day on Russian oil? That is right folks 70M a day from an enemy. Think about the craziness of this… Joe Biden is running around trying to look like a tough guy, the big guy is hitting Russia with sanctions over Vladimir Putin’s obscene invasion of Ukraine. But at the same time, we pay Russia in the vicinity of $70 million per day for oil imports. during these seven days of Putin’s criminal war against Ukraine, we’ve sent this same Putin during those same seven days close to a half-billion dollars! What the hell is going on?

U.S. imports of crude oil averaged 6.1 million barrels per day in 2021 and accounted for about 40% of crude processed by U.S. refineries.

61% of imports were from Canada; 10% from Mexico; 6% from Saudi Arabia; and 3% from Russia.
2021 crude imports from Russia averaged 0.2 million barrels per day, the highest level in many years, but still a small share of total imports and total crude oil processed by U.S. refineries (~1%). U.S. refineries processed 15.1 million barrels per day of crude oil in 2021.

Crude oil from Russia is imported into the Northeast (PADD 1), the Gulf Coast (PADD 3), and the West Coast (PADD 5). Imports of Russian crude oil into the West and Gulf Coasts increased from 2019 to 2021, while imports to the East Coast decreased because of changes in the global market.
conditions, as well as disruptions and shifts in supply patterns of U.S., produced crude oil, and changes in U.S. refinery operations.

Crude oil imported from Russia varies in quality, although most of the crude oil imported from Russia in 2021 was light.

On the West Coast, Russian crude is imported to supply refineries in Hawaii, California, Washington, and Alaska. In 2021 supply of Russian crude oil to refineries in California and Washington state increased substantially versus 2019, helping to offset lower volumes of light sweet crude imports into California from other countries, notably Nigeria, and lower volumes of U.S. produced crude oil shipped by rail to Washington.
Imports of crude oil from Nigeria to the West Coast averaged 61,000 barrels per day in 2019 but dropped to zero by mid-2021 and averaged only 16,000 barrels per day for all of 2021. The decline reflects the challenges Nigeria has faced in returning crude production to pre-pandemic levels. Most of the crude oil imported from Nigeria into the West Coast has been light sweet crude oil and the Russian crude oil supplied to the West Coast is lightly sweet as well.
The increase in 2021 imports from Russia reflects the increased availability of Russian crude oil for Pacific loadings and the economics for that crude. The Eastern Siberia-Pacific Ocean (ESPO) pipeline moves Russian crude oil to the Pacific port of Kozmino, which allows Russian crude to be cost-effectively supplied to U.S. refineries in Hawaii and on the West Coast. The ESPO pipeline was years in planning and construction – see map below – and was undertaken to allow Russian crude oil to reach a larger global market – prior to the pipeline most Russian crude exports were through the Black Sea or by pipeline to Eastern Europe. The ESPO pipeline can move 1 million barrels per day of crude oil to the port of Kozmino and an additional 0.6 million barrels per day to China.

U.S. West Coast (USWC) refineries rely on imports of light sweet crude oil because access to the U.S. produced light sweet crude oil is challenged by geography and transportation/logistics. Flows of U.S.-produced crude oil by rail from the Midwest to the West Coast (Washington) have declined steadily since 2020.