The petroleum processing industry is likely separate from gas
since a shirtton of stuff is made from oil besides fuel. While natural gas is primarily used to just for heat and electricity.
Oil and gas exploration are a combined industry, where almost all the players involved do both. But once it is extracted, I could see the two industries diverging.
Thread Replies (27)
Saw a news story this morning that said Germany is taking down a wind farm
-- EDGEMAN
Oct 28, 2022 at 09:43 AM ET
EDGEMAN
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10/28/22 09:43 AM ET
Owner's of a coal mine are tearing down 8 wind mills on their property to
-- jmanatVT
Oct 28, 2022 at 12:13 PM ET
jmanatVT
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10/28/22 12:13 PM ET
On the one hand, the developed world's commitment to combating climate
-- Tafkam Hokie
Oct 28, 2022 at 11:05 AM ET
Tafkam Hokie
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10/28/22 11:05 AM ET
Not sure that "climate change" is a real threat to this planet
-- EDGEMAN
Oct 28, 2022 at 11:34 AM ET
EDGEMAN
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10/28/22 11:34 AM ET
We have more than a handful...
-- vthokieq
Oct 28, 2022 at 11:40 AM ET
vthokieq
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10/28/22 11:40 AM ET
Yep - not sure why nuclear was 'cancelled' too ...
-- vt90
Oct 28, 2022 at 12:04 PM ET
vt90
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10/28/22 12:04 PM ET
Are you really not sure why?
-- Tafkam Hokie
Oct 28, 2022 at 12:16 PM ET
Tafkam Hokie
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10/28/22 12:16 PM ET
The technology and safety measures have improved immensely in the last ...
-- vt90
Oct 28, 2022 at 01:29 PM ET
vt90
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10/28/22 01:29 PM ET
I would agree except for Fukushima
-- Tafkam Hokie
Oct 28, 2022 at 01:45 PM ET
Tafkam Hokie
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10/28/22 01:45 PM ET
There was a fair amount of money in the Build Back Better legislation for
-- Tafkam Hokie
Oct 28, 2022 at 02:08 PM ET
Tafkam Hokie
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10/28/22 02:08 PM ET
I see the passed Inflation Reduction Act of 2022 put $30B in nuclear power.
-- jmanatVT
Oct 28, 2022 at 03:24 PM ET
jmanatVT
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10/28/22 03:24 PM ET
"Nope, money" should be "Also, money"**
-- jmanatVT
Oct 28, 2022 at 03:17 PM ET
jmanatVT
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10/28/22 03:17 PM ET
Nope money. American Petroleum Institute has some interesting funding of
-- jmanatVT
Oct 28, 2022 at 12:16 PM ET
jmanatVT
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10/28/22 12:16 PM ET
Actual crude oil? No. But oil and gas are pretty much the same industry
-- Tafkam Hokie
Oct 28, 2022 at 12:33 PM ET
Tafkam Hokie
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10/28/22 12:33 PM ET
I’ve never considered them part of the same.
-- vthokieq
Oct 28, 2022 at 12:43 PM ET
vthokieq
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10/28/22 12:43 PM ET
I'm admittedly not an expert, but some googling suggests Oil/Gas has been
-- jmanatVT
Oct 28, 2022 at 03:16 PM ET
jmanatVT
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10/28/22 03:16 PM ET
Now maybe with electric cars...not 20-30 years ago. **
-- vthokieq
Oct 28, 2022 at 03:24 PM ET
vthokieq
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10/28/22 03:24 PM ET
That's true, but there's plenty of $s to worry about losing to nuclear, etc
-- jmanatVT
Oct 28, 2022 at 03:58 PM ET
jmanatVT
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10/28/22 03:58 PM ET
The petroleum processing industry is likely separate from gas
◄
-- Tafkam Hokie
Oct 28, 2022 at 04:44 PM ET
Tafkam Hokie
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10/28/22 04:44 PM ET
Fair enough. This is the internet after all so you have to assume the other
-- jmanatVT
Oct 28, 2022 at 04:04 PM ET
jmanatVT
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10/28/22 04:04 PM ET
I think we should stop exporting coal
-- EDGEMAN
Oct 28, 2022 at 11:43 AM ET
EDGEMAN
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10/28/22 11:43 AM ET
Not at the prices Europe is willing to pay currently.
-- vthokieq
Oct 28, 2022 at 11:49 AM ET
vthokieq
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10/28/22 11:49 AM ET
Yup. Europe is cold in the winter.
-- HokieJay
Oct 28, 2022 at 11:01 AM ET
HokieJay
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10/28/22 11:01 AM ET
the doomsday weather industry is alot like witchcraft **
-- bigbadbird
Oct 28, 2022 at 09:45 AM ET
bigbadbird
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10/28/22 09:45 AM ET