Some chemist feel free to correct me, but my understanding is that you can't make plastics without also making liquid fuels.rgag12 said:aggiez03 said:
That is a good job and hits home the point that O&G is not going away for a long time.
I laugh when people think that electric vehicles mean we will stop using O&G.
What percentage of a vehicle is either created with O&G or used in the process? Has to be 90% as well....
Let's be honest though, 80-90% of the revenue from oil and gas is from refined transportation fuels. If we get rid of liquid transportation fuels most of the non-super major O&G industry will disappear.
My understanding is that certain types of crude will make more plastics than others during the refining process, but its not like plastics are a choice of product to make out of crude compared to fuel. Each relies on different components of fuel. Maybe there is some overlap (I don't honestly know), but my understanding is that it is not 100%.
"Laws that forbid the carrying of arms … disarm only those who are neither inclined nor determined to commit crimes… . Such laws make things worse for the assaulted and better for the assailants; they serve rather to encourage than to prevent homicides, for an unarmed man may be attacked with greater confidence than an armed man.”
--Thomas Jefferson
--Thomas Jefferson