Paul

Oil analyst | Tracking crude, tankers & geopolitics | Part of #OOTT | Geopolitical slants.

[Paul @Iconclastic101]

@Justhstop @BigJohnB45 @jmbprime The U.S. has a structural dependence on Canadian heavy oil as U.S. refineries have been specifically designed to economically process those heavier barrels. Stop talking nonsense clearly you know very little about hydrocarbons.

[Paul @Iconclastic101]

@Justhstop @BigJohnB45 @jmbprime Their is no other source to replace Bitumen and WCS heavy oil of that magnitude ( US imports approx 4 million bbls/d from Canada) VZ is a mere half million a day that the US imports while Canada is 8x that figure. Crude Quality matters.

[Paul @Iconclastic101]

@BlueBayNetwork @RichardGrenell Remember Canadian diplomats and embassy staff deliberately risked their lives (and Canada’s diplomatic position) to shelter and help extract six American diplomats during the 1979–1980 Iran hostage crisis, in the operation known as the “Canadian Caper.” Canada/US help each other.

[Paul @Iconclastic101]

@RichardGrenell Wait....Canada’s primary longstanding obligation under the NATO framework is the 2% of GDP guideline (now met according to recent NATO figures), with the alliance having raised the bar to a 5% target by 2035.
Having said that I believe Canada should do more.

[Paul @Iconclastic101]

@Justhstop @BigJohnB45 @jmbprime US refiners go with that. Stop the school boy errors this is not your field.

[Paul @Iconclastic101]

@Justhstop @BugabagoDale @SwansonTrading @zerohedge You are truly ignorant Canada has substantial refining capacity (17 refineries) and produces more gasoline and diesel than it consumes domestically. Stick to something you onow next time this buffoonery is embarrassing such school boy errors

[Paul @Iconclastic101]

@Mangan150 @MarioNawfal Crude Quality matters what is the 4 million bbls replacement for Canadian WCS and Bitumen?

[Paul @Iconclastic101]

@WeTheBrandon Same way he screwed up Iran war I suppose.

[Paul @Iconclastic101]

@Michael7ucci Only that is not true crude quality matters. WCS and Bitumen Heavy oil can't be replaced. VZ is a mere 500,000 day imports into US while Canada at approx 4 million US imports is 8X that figure. Where will HO come from as that is the slate the US needs.

[Paul @Iconclastic101]

@Justhstop @DanGrif65479808 @zerohedge 'Masters degree in Economics'
How can you be so ignorant about hydrocarbons? You don't seem too understand crude slates or petroleum products. Astonishingly ignorant.

[Paul @Iconclastic101]

@Justhstop @AvnerMandelman @TheLastRefuge2 You do realize VZ oil imports are a mere 500,000 bbls/d.

[Paul @Iconclastic101]

@Justhstop @BugabagoDale @SwansonTrading @zerohedge 'Canada a net importer of petroleum products'
Sheer nonsense and more schoolboy errors.
- Canada is a net exporter of petroleum products (both crude oil and refined/finished products). -statscan
Sigh tsk tsk.

[Paul @Iconclastic101]

@Justhstop @BugabagoDale @SwansonTrading @zerohedge Ignorance of this magnitude is beyond the pale. It's crude quality that matters, which you don't understand. I'm not talking about Canada or VZ but if I were I point to the fact US imports 8x amount of heavy crude from Canada vs VZ. You don't understand the slate. Buffoonery

[Paul @Iconclastic101]

@Justhstop @BugabagoDale @SwansonTrading @zerohedge You continue to make school boy errors? Your ignorance is astonishing. Do you understand the phrase Crude Quality Matters. Net exporter of petroleum products does occur sometimes but that includes NGLs ( if you even understand that) Stop making schoolboy errors.

[Paul @Iconclastic101]

@Justhstop @BugabagoDale @SwansonTrading @zerohedge You do understand the difference between petroleum products and crude as you are totally ignorant. You can take a horse to water but you can't make it drink. You don't understand your own thirst. Very boring. No need to reply.

[Paul @Iconclastic101]

@BigJohnB45 @jmbprime All those energy and commodities are fungible so what ever you think the US would pay in tariffs they just go elsewhere and buy it and then you would have to dump to other countries at below market prices and we buy over seas. Canada has zero leverage

[Paul @Iconclastic101]

@DropSiteNews No proof or evidence accompanies the US claims. These tankers are huge they are not invisible even with transponders off. Satellite, radar and other electronic emission detection would reveal numbers through.

[Paul @Iconclastic101]

@BarakRavid If this were true evidence would accompany the US claims to upend the Iranian closure/ restrictions caused by attacks. These tankers are huge they are not invisible even with transponders off. Satellite, radar and other electronic emission detection would reveal numbers through.

[Paul @Iconclastic101]

@Justhstop @BugabagoDale @SwansonTrading @zerohedge Read the DOE reports you are ignorant. No point discussing with willfully ignorant

[Paul @Iconclastic101]

@Who513747191972 @SwansonTrading @zerohedge US is a net importer of crude oil read the US dept of energy report.

[Paul @Iconclastic101]

@dkb12316528 @SwansonTrading @zerohedge US is a net importer of crude, read the US dept of energy weekly report.