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Geographic Ineptitude
Profile | Posted by | Options | Post Date |
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RolloTheRed | Report | 1 Jun 2015 15:14 |
Petroleum products, refined and semi-refined, are traded world wide - not the same thing as crude oil transport at all. Many major producers of crude have little in the way of the capacity to create refined products while those that do always have big holes in their capacity. Moreover some types of crude are better for refining than others being "sweet". That is why North Sea Brent marker sells at a premium to west Texas. |
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AnnCardiff | Report | 1 Jun 2015 15:00 |
sending oil to Texas? bit like sending coals to Newcastle :-D |
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RolloTheRed | Report | 1 Jun 2015 14:34 |
For many years (until made redundant) my OH worked for the oil trading dept of a well known oil major. On one occasion she sent an 80 000 ton tanker to Boston, New England when it should have gone to Houston, Texas. The cargo was a bit late. |
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RockyMountainShy | Report | 1 Jun 2015 06:04 |
Awwwwwwwwwww |
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Bobtanian | Report | 1 Jun 2015 01:01 |
You know, the way that the World Atlas is laid out, recalling when the raid on Pearl Harbour took place, I for a long while didn't understand why the Japanese navy went ALL that way across the ocean. |
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maggiewinchester | Report | 31 May 2015 18:38 |
I'm the other way around. I can probably tell you where places are, but once there, my sense of (local) direction just disappears :-( |
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Dermot | Report | 31 May 2015 13:17 |
'If you don't know where you're going, you'll be lost when you get there'. |
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maggiewinchester | Report | 31 May 2015 13:13 |
:-D :-D |
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Sharron | Report | 31 May 2015 13:11 |
I have never really been sure of where I am, never mind anywhere else. |