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Can the world get its supply of oil by bypassing the Strait of Hormuz?

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Re: Can the world get its supply of oil by bypassing the Strait of Hormuz?

#12
post #3

*Can the world have an American President that for once doesn't start pointless wars to distract from internal scandals?

For once? Didn’t our previous president just clear this cynically low bar?

Ok, so in your genius reality, did Biden start the Russia-Ukrainian war or the Israeli genocide? Or am I just too dumb and interpreting your oh-so-clever sentence wrong?

I'm also curious if you could explain the logic more than "Just so your own research man"...

Re: Can the world get its supply of oil by bypassing the Strait of Hormuz?

#13
post #10

Eventually, yes. But 1) it's not a magic tap on/off, 2) refineries are specialized for specific types of oil, 3) a lot of ships are stuck there, 4) wells and refineries usually take a long time to restart. Serious oil traders are saying it will take months or even more than a year to get back to normal. The only thing containing prices at the moment is many exporters sold futures to lock-in prices for the rest of the…

But how? Iran is right next door. They can target any mode of getting oil out of there. Not just the strait of Hormuz but any pipelines that lead away from the region can just as easily be targeted. One Shahed to the pipeline is all it would take.

Re: Can the world get its supply of oil by bypassing the Strait of Hormuz?

#14
post #4

Tautologically yes. Whatever the world gets is its supply. Depending on how much can be done to bypass the Strait, that supply may diminish substantially. Already has, I suppose. It would be nice if this was the thing that finally kicked governments into gear to get off our reliance on oil. But I don’t think 20% is quite big enough to make that happen.

By what banning driving?

Re: Can the world get its supply of oil by bypassing the Strait of Hormuz?

#15
post #10

Eventually, yes. But 1) it's not a magic tap on/off, 2) refineries are specialized for specific types of oil, 3) a lot of ships are stuck there, 4) wells and refineries usually take a long time to restart. Serious oil traders are saying it will take months or even more than a year to get back to normal. The only thing containing prices at the moment is many exporters sold futures to lock-in prices for the rest of the…

But how? Iran is right next door. They can target any mode of getting oil out of there. Not just the strait of Hormuz but any pipelines that lead away from the region can just as easily be targeted. One Shahed to the pipeline is all it would take.

In theory yes, but in practice those drones would have to take a really long flight over enemy territory giving more opportunities to shoot them down. And it’s not like they are difficult to shoot down, they are cheap crap, their only advantage being that there’s a lot of them

Re: Can the world get its supply of oil by bypassing the Strait of Hormuz?

#16
post #10

Eventually, yes. But 1) it's not a magic tap on/off, 2) refineries are specialized for specific types of oil, 3) a lot of ships are stuck there, 4) wells and refineries usually take a long time to restart. Serious oil traders are saying it will take months or even more than a year to get back to normal. The only thing containing prices at the moment is many exporters sold futures to lock-in prices for the rest of the…

all of this is assuming the US and israel will LET this new bypass go unhindered.

Re: Can the world get its supply of oil by bypassing the Strait of Hormuz?

#17
post #10

Eventually, yes. But 1) it's not a magic tap on/off, 2) refineries are specialized for specific types of oil, 3) a lot of ships are stuck there, 4) wells and refineries usually take a long time to restart. Serious oil traders are saying it will take months or even more than a year to get back to normal. The only thing containing prices at the moment is many exporters sold futures to lock-in prices for the rest of the…

But how? Iran is right next door. They can target any mode of getting oil out of there. Not just the strait of Hormuz but any pipelines that lead away from the region can just as easily be targeted. One Shahed to the pipeline is all it would take.

At these higher prices you can safely bet other producers are drilling new wells, adding more infrastructure, and upgrading refineries.

Re: Can the world get its supply of oil by bypassing the Strait of Hormuz?

#18
Don’t forget the world needs LNG and the stuff made from petrochemicals such as fertilizer. They need to make chem plants as well as refineries to go with drilling new wells and run them harder. Get Venezuela up, but that’s probably O(years).

Is there enough copper and power to get those ev stations up in the us? Cuz now’s their chance.

Re: Can the world get its supply of oil by bypassing the Strait of Hormuz?

#19
post #3

*Can the world have an American President that for once doesn't start pointless wars to distract from internal scandals?

It'd be nice if we could take a few years off from having a president at all - just rest, recover, and start to clean up the mess.

America needs a Snow Leopard. No new features, just bug fixes.

Re: Can the world get its supply of oil by bypassing the Strait of Hormuz?

#20

Earlier quoted context omitted.

For once? Didn’t our previous president just clear this cynically low bar?

Ok, so in your genius reality, did Biden start the Russia-Ukrainian war or the Israeli genocide? Or am I just too dumb and interpreting your oh-so-clever sentence wrong? I'm also curious if you could explain the logic more than "Just so your own research man"...

I think you’re responding to the wrong comment
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