Oil - Lots of It

What does a barrel of oil contain, what products are derived from it, and what are the different types of crude oil?

1. Types of Crude

2. Refining Process - Like Making Moonshine

 

3. Refining Output - Various Products

Useful Map from JP Morgan

Study the map to find out where and when fuel gets to critical levels in each region. Each area circled shows where fuel supply starts to become critical. The east coast of Africa is first, they're already feeling it. Then the Far East from the 1st of April. Europe follows on April 10th, and the US April 15th. Lastly, Australia and NZ feel the pinch from April 20th.

Why haven't governments hit the panic button yet? The reason: they're living in a false spring, either hoping supplies will resume, or refusing to see the bigger picture. What consumers are putting in their vehicles now are refined fuels from crude shipped back from before the war started. As those stocks from earlier gradually run out, the pinch will be felt, and fast. 

JP Morgan Map of Critical Oil Supplies

Fuel Crisis Needs Urgent Action

Both Australia's and New Zealand's governments refuse to take action. It is as if they want the countries to fail.

Can you ride a horse? I can.

How Some Countries Are Responding

Some countries are taking action, while others like New Zealand and Australia, have their heads in the sand:

Energy Lockdowns Coming?

This will be bigger than 2020. We are swiftly heading into energy lockdowns, as promoted by the likes of the WEF.

One possibility is they'll corral people into sectors. Initially, they'll call this a temporary measure to minimise fuel use. But, it'll become compulsory, and to access services your digital ID will be required.

Lignite to Diesel - NZ's Shelved Project

New Zealand should start making lignite to diesel and urea (fertilizer). The feasibility studies have been done, and the resource exists in limitless quantities. 

The following report is available on a NZ government department website. Make it happen NZ.

https://www.mbie.govt.nz/assets/8fb7b2c240/liquid-fuels-from-lignite.pdf

Internationally, the demand for crude oil is increasing, at a time when many experts are predicting that the peak in oil production will occur sometime over the next 20 years. This combined with concerns about the security of oil supply, particularly with the current political instability in several oil producing regions, means that the price of oil has the potential to rise to unprecedented levels over the next two decades. New Zealand depends on imported oil for 99% [MED 2006] of its transportation fuels. If the cost of crude oil rises as predicted and the possibility of serious supply interruptions becomes more pressing, then alternatives need to be sought now to avoid serious transportation fuel shortages in the future. 

Australia's Fuel Crisis

Australia are looking at rationing food as their supply of diesel starts to dry up.

Australia Critical Fuel Shortage

I said this would happen and here we are; Australia is running out of fuel and only has 24 days of diesel in the tanks. Australia's refinery capacity has atrophied over time and right now, it has only two operational refineries.

New Zealand will be similar as it lacks a refinery altogether and must import all of its finished fuels.