Most People Lack an Understanding of What Crude Oil is Used For

Most People Lack an Understanding of What Crude Oil is Used For

The Environmental, Social and Governance (ESG) investment community is divesting in crude oil that provides products and fuels for consumers that did not exist in the decarbonized world of the 1900s and before.

By Ronald Stein  

Today, there is a lost reality that the primary usage of crude oil  is NOT for the generation of electricity, but to manufacture derivatives and fuels which are the ingredients of everything needed by economies and lifestyles to exist and prosper.

Energy realism requires that the legislators, policymakers, media, and the investment community begin to understand the staggering scale of the decarbonization movement.

Of the three fossil fuels, the Environmental, Social and Governance (ESG) community is unaware that crude oil is not used for electricity.

In fact, crude oil is virtually useless, unless it is manufactured (by refineries) into oil derivatives that are the basis of more than 6,000 products in our daily lives that did not exist before the 1900s, and the fuels to move the heavy-weight and long-range needs of aircraft, cruise and merchant ships, and the military and space program.

Products from crude oil are the foundation of modern society and few consumers are willing to give up those benefits. Access to inexpensive, abundant and dependable crude oil has been the cornerstone of the Industrial Revolution and humanity’s achievements.

Pervasive ignorance about crude oil usage and divesting in the oil and gas industry could do irreparable harm to the industry, as well as inflict supply shortages and soaring prices  upon consumers for the lesser number of products manufactured from crude oil, to meet the growing demands from society.

The renewables of solar and wind for the generation of electricity are unreliable because they are reliant on intermittent breezes and sunshine to work.

To achieve continuous uninterruptible electricity, wind and solar need back-up provided by coal, natural gas or nuclear.

Further, renewables CANNOT manufacture any of the products derived from crude oil, they can only generate intermittent electricity.

In fact, renewables cannot exist without crude oil as all the parts of wind turbines and solar panels are made with oil derivatives manufactured from crude oil.

Banks and investment giants that are driving today’s Environmental, Social and Governance (ESG) divesting in fossil fuels are all the rage on Wall Street these days, to divest in all three fossil fuels of coal, natural gas, and crude oil, just to reduce emissions.

It is appalling that both President Biden and the United Nations support allowing the investment community to collude to reshape economies and our energy infrastructure.

Before divesting in all three fossil fuels of coal, natural gas, and crude oil, where is the replacement or clone for crude oil, to keep today’s societies and economies running?

Looking back a little more than 100 years, it’s easy to see how civilization has benefited from more than 250 leading-edge, hydrocarbon processing licensed refining technologies used by the more than 700 refineries worldwide that service the demands of the eight billion people living on earth with more than 6,000 products made from the oil derivatives manufactured out of raw crude oil at refineries.

None of these products were available to society before 1900.

Getting off crude oil would reverse much of the progress made over the last few centuries.

The inventions of the automobile, airplane and the use of petroleum in the early 1900s led us into the Industrial Revolution and victories in World Wars I and II.

The products from fossil fuels have reduced infant mortality, extended longevity from 40+ to more than 80+, allowed us to move to anywhere in the world via planes, trains, ships and vehicles, and virtually eliminated weather related fatalities.

As ESG progresses, banks and investment giants have short memories of petrochemical products and human ingenuity being the reasons for the world’s population increasing from one to eight billion in less than 200 years. 

Efforts to cease the use of crude oil could be the greatest threat to civilization, not climate change, and lead the world to an era of guaranteed extreme shortages of fossil fuel products, like we had in the decarbonized world in the 1800s, which may result in billions of fatalities from diseases, malnutrition and weather-related deaths trying to live without the more than 6,000 products  currently benefiting society.

Efforts toward abandoning fossil fuels will further deprive and/or delay providing nine percent of humanity, or more than 689 million people, in this world that are living below the international poverty line of $1.90 a day, from enjoying the same products that benefit the wealthy and healthy countries.

Depriving citizens of the more than 6,000 products that were non-existent before 1900, made from the oil derivatives manufactured from crude oil, appears to be immoral and evil as extreme shortages will result in billions of fatalities from diseases, malnutrition and weather-related deaths.

Bank boardroom decisions that are allowing the investment community to collude to reshape economies and lifestyles, so that they are in line with the preferences of banks and other financial institutions, is an extremely dangerous precedent. Consumers never voted to give banks this sort of control over our world.

The audacity is overwhelming that those ESG banks and investment giants, in the healthier and wealthier countries, insist that we should limit poor countries’ future access to the products from fossil fuels.

Inexpensive, reliable, accessible power, and products from fossil fuels are lifesaving, and one of the best ways out of poverty.

Unintended consequences of the ESG rage ridding the world of crude oil usage would be the restricted supply and resultant inflationary pressures on the limited supply of products and fuels manufactured from crude to meet growing demands that support:

  • Asphalt for roughly sixty-five million miles of roads in the world.
  • Tires for the 1.4 billion vehicles in the world.
  • Fertilizers to feed the eight billion in this world on an increasingly resource-stretched and crowded earth.
  • Medical supplies that are primarily made from oil derivatives.
  • Jets that comprise more than 50,000 aircraft for military, commercial, private and the President’s Air Force One.
  • Merchant ships that comprise more than 53,000 vessels that move products throughout the world.
  • Vehicles that are mostly made of plastics.
  • Renewable components of wind turbines and solar panels that are made from oil derivatives.

The domino effects of tinkering with the supply chain of fossil fuels are supply shortages and soaring prices for the consumers, for not only electricity, but for the thousands of products that support the entire medical industry, all branches of the military, airports, electronics, communications, merchant ships, container ships and cruise liners, as well as asphalt for roads, and fertilizers to help feed the world.

It is time for the people to demand anti-ESG bills from their legislatures and put a stop to the banks that are colluding to reshape economies and lifestyles, and inflicting shortages and inflation on consumers.

 

 

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Comment by Willem Post on May 21, 2022 at 9:27am

Please read

https://wattsupwiththat.com/2022/05/20/what-is-the-full-cost/

Always remember, the more installed MW of wind, solar and batteries, etc., per household, the higher the household electric rates, as proven by Denmark and Germany, the poster children of energy system insanity.


https://www.windtaskforce.org/profiles/blogs/battery-system-capital...

https://www.windtaskforce.org/profiles/blogs/high-costs-of-wind-sol...

This has been known and written about for about 15 years.

This article introduces a lot of complex concepts that most people would not understand, unless they had engineering degrees and MBAs.

Luckily, figure 2 comes to the rescue

Figure 2 clearly shows, Germany’s ENEGIEWENDE has been a miserable failure, despite 20 years of hype.

It has been extremely costly to German households and the German economy, i.e., the FCOE has been very high.

The authors should have estimated the German FCOE as a methodology example for other countries. It would have greatly improved their article.

A Future with Energy Prices Tied to Gold

Germans, and all of Europe, have been living in la-la-land, due to plentiful, low-cost oil, gas and coal from Russia, at extremely low prices, i.e., the FCOE of ANY ADDITIONAL ENERGIEWENDE is about to significantly increase RIGHT NOW.

The US idea of “Russia must not be allowed to win” is easy to say for the energy-sufficient US

It is total BS for energy/other-resource-starved Europe.

The US can afford to use corrupt, dysfunctional, oligarchic Ukraine, as a proxy  to "weaken Russia"

Europe cannot.

Europe will have a much higher FCOE, and will be at a significant competitive disadvantage vs the rest of the world, going forward.

China and India are increasing their consumption of coal, oil and gas, regardless of whatever COP.

Russia is supplying most of those increases.

China is planning to expand BRISC with more members, as a counterweight to the US/EU

Comment by Willem Post on May 20, 2022 at 4:11pm

It is well-known, tele-marketers purchase lists of names of people who buy certain goods, such as certain types of clothes, and sell the lists to other companies who sell similar clothes, who then send THEIR catalogs to YOUR house.

 

Law-enforcement and intelligence agencies geo-track record mobile phone conversations and mobile phone movements, to nab criminals and terrorists.

 

There are companies that collect geo-tracking data and sell the data.

Telemarketers, or anybody, can purchase the data of each person's mobile phone.

 

The data provides detailed information regarding where YOUR phone, or tens of thousands of phones, travelled over a chosen period

of time, and how long the phones stayed at each location.

 

A video was prepared, with input from a private geo-tracking company, which used the geo-tracking data of at least 2000 MULES in five swing states, during the 2020 Election

 

People, called MULES, were used to pick up PREPARED ballots at ballot preparation centers, run by “non-profits”, and deliver the ballots (mostly late at night) to various DROP BOXES, around the clock.

 

The drop boxes had video cameras, as required by law, far enough away, so no one could make out much details.

Zuckerberg, et al., CEO of Facebook, donated about $400 million from his own wealth to finance the installation of drop boxes all over the US.

 

Click to download the video to watch the details. The first part of the video are clips from 2020 television news shows, and talking heads. You can skip those and fast forward to watch an explanation by experts regarding how the data was gathered and processed.

 

Click to Download

2000Mules.mp4

0 bytes

 

 

It was found, after a lot of data filtering analysis:

 

On a typical day, a MULE visits multiple ballot preparation centers to pick up prepared ballots, and delivers them to many drop boxes, in small batches, about 3 to 10 ballots at a time, to avoid stuffing suspicions.

Sometimes Mules take a picture of the drop box and/or ballots, to prove the ballots were delivered, and to get paid up to $20/ballot.

 

The filtering criteria of a MULE “delivery trip” are to:

 

1) Visit at least 10 drop boxes.

2) Deposit at least 5 ballots/drop box.

 

Many mules visit many more drop boxes, but were instructed not to deposit more than 10 ballots, to avoid stuffing suspicions.

 

The data analysts used 4 MILLION minutes of videos at drop boxes, in all US states.

It turns out some drop boxes had no video cameras, or had video cameras, but they were turned off.

 

The table shows, in Michigan, there were 500 MULES, who each visited an average of 50 drop boxes, and deposited an average of 5 ballots per drop box, as recorded on videos at drop boxes. All five state were credited to Biden, but the drop box totals exceeded Biden’s margin, i.e., all five states should have been credited to Trump, which would have re-elected him.

 

Remember, all five states stopped the counting at about 10 pm on Election Night, because Trump was just too far ahead. Something had to be done.

 

Mules

Drop box

Ballot/drop box

Total

Michigan

500

50

5

125000

Wisconsin

100

28

5

14000

Georgia

250

24

5

30000

Arizona

200

20

5

20000

Philadelphia

1100

50

5

275000

2150

464000

.

Elections in Europe

 

In Germany, 85 million people, and France 75 million people, there are 

 

No drop boxes

No mail-in ballots

No ballot harvesting

No early voting

 

Every CITIZEN has a personal identity card with a unique number

The cards of non-citizens are identical, but have a different color; THEY DO NO VOTE

 

A passport, which has the same bio information, can be used instead of an identity card

The passports of non-citizens have a different color

 

The identity cards and passports are very difficult to forge.

 

Your address on the card determines your location to vote

There are NO REGISTERED VOTER LISTS

 

No machines and computers are used, by LAW

All ballots are hand counted

The count takes about 2 to 3 days to complete, as was demonstrated in Franc a few weeks ago.

 

The above should be the US national standard for all elections, including state and local elections

 

 

Maine as Third World Country:

CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT

******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********

(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

Not yet a member?

Sign up today and lend your voice and presence to the steadily rising tide that will soon sweep the scourge of useless and wretched turbines from our beloved Maine countryside. For many of us, our little pieces of paradise have been hard won. Did the carpetbaggers think they could simply steal them from us?

We have the facts on our side. We have the truth on our side. All we need now is YOU.

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 -- Mahatma Gandhi

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Hannah Pingree on the Maine expedited wind law

Hannah Pingree - Director of Maine's Office of Innovation and the Future

"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."

https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/

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