Hacker News Reader

Comment by 693471 | Hacker News Reader

And this large amount of oil production the USA is sitting on is light sweet crude, needed for gasoline? Same grade as Abqaid? And we have the infrastructure required to transport it?

(Hint: we don't. It's estimated it would take us minimum of 2 years to complete the required infrastructure build out)

View on HN

so, finding out that the currently-sufficient production quantity doesn't have as high of a ceiling as previously expected would result in a crisis so big that there would be problems with oil supply for the 2 years needed to complete the required infrastructure build out?

I don't see how this negates the parent w/r/t the parents-parent.

Like others have said, this oil would probably be run to refineries by train. This is inefficient, but until new pipelines are built, it's the best way to get oil from the field to the refinery.

Maybe a good time to learn to weld?

add diving certs and you have a fun (but dangerous) job that takes you around the world

I wouldn't bet on it. Just take a look at all the opposition aimed at pipelines. Maybe in the US pipelines have more of a chance but as it stands Canada is unable to complete a pipeline project anymore.

Except we've significantly cracked down on bomb trains and some states are working on banning crude transport by rail altogether

https://www.transportation.gov/sites/dot.gov/files/docs/fina...

it is light sweet crude. Likely will rely more and more on trains. Which would be a better buy than picking a oil company, since no one is divesting from train companies.

Reply on news.ycombinator.com