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David Elliott
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Comments by "David Elliott" (@davidelliott5843) on "Big Oil exec rips Biden’s ‘failure’ creating a ‘significant emergency’" video.
Bio diesel is very nearly the same BTU value as Dino Diesel. BUT oilseeds use land that should be producing food. It also needs fertilisers, none of which are renewable. On the big scheme, It's wasteful of land and resources. Bio-Ethanol is even worse because the brewing process uses energy and resultant sludge is fit only for feeding to animals. AND bio-ethanol has a poor energy content. Ethanol an be made from wheat, barley and corn stalks. But for some reason the whole idea has got forgotten. Biodiesel can be made from aquatic algae growing i brackish water ponds, but that's another idea that's been entirely forgotten.
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Russian oil is now off the legal market and soon to be permanently off THE market - period. Big Oil is making big money. But they now have to replace that lost oil supply - fast. That is not a low cost by any stretch. They can't just leave the profits in the company as it will get hammered by corporation taxes. They have to invest it into new production and refining plant.
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