Will fuel oil be cheaper than anthracite coal?

Hambden Bob · Post by **Hambden Bob** » Sun. Mar. 13, 2022 9:38 am

You will see Folks going back to buying a hired triaxle trailer full,regardless of diesel fuel cost,and sharing in the cost. The biggest jeopardy will be the Coal Quality of said load. Remember also,Vietnam sits on sizeable Anthracite Veins if my Swiss-Cheese Alzheimer's Memory serves me right... Chinarama will be buying all they can,including for sure Mine R&D,Development,Ownership And Shipping Logistics... We'll see how that plays to the U.S. Market...

k-2 · Post by **k-2** » Sun. Mar. 13, 2022 1:31 pm

lincolnmania wrote: ↑
Sun. Mar. 13, 2022 5:57 am
I'm about 50 miles from the nearest breaker. If I took my 89 f-250 to Sherman it would cost me $100 in fuel for each ton.

Im only about 9 miles for the coal source but for me its the shoveling and carrying every pound. If i get it myself i have to load every pound into a 5 gallon bucket and carry it to my bin down steps. And would have to make 4 round trips a yr. I usually get a yrs supply 4 ton in 1 shot delivered on a hi- lift and in 10 minutes its all in the bin. The roughly $50 or so hauling fee is nothing. I also gave the driver an extra $30 tip this year.

BigBarney · Post by **BigBarney** » Sun. Mar. 13, 2022 10:24 pm

As Richard points out in these charts is that the US mostly imports finished

products not crude oil. Refineries are built for specific crude and cannot use

the other crude oil.

https://www.eia.gov/tools/faqs/faq.php?id=29&t=6# ... rude%20oil.

The last large refinery in the US was built in 1977 at 200,000 bbls day. Over 45 years ago.

Also note that each of the others are all special purpose small refineries for a specific product

not high volume gasoline or diesel fuel. The US uses about 18m bbls a day of petrol.

We import about 700,000 bbls a day from russia.

The world has enough oil till at least 2050 , but it is not shared evenly by all.

https://www.eia.gov/tools/faqs/faq.php?id=38&t=6

BigBarney

freetown fred · Post by **freetown fred** » Mon. Mar. 14, 2022 7:14 pm

Yep B, let's deal with all these Country's that hate us & just want to have us by the energy balls--something our current President is seriously lacking!!!!!!!!!!!!!!!!!!!!

waytomany?s · Post by **waytomany?s** » Mon. Mar. 14, 2022 8:21 pm

freetown fred wrote: ↑
Mon. Mar. 14, 2022 7:14 pm
Yep B, let's deal with all these Country's that hate us & just want to have us by the energy balls--something our current President is seriously lacking!!!!!!!!!!!!!!!!!!!!

energy balls!

Is that a pokemon reference?

freetown fred · Post by **freetown fred** » Mon. Mar. 14, 2022 8:53 pm

W, what the hell's a pokeman?? Some SLOW dude???

grumpy · Post by **grumpy** » Mon. Mar. 14, 2022 9:13 pm

freetown fred wrote: ↑
Mon. Mar. 14, 2022 8:53 pm
W, what the hell's a pokeman?? Some SLOW dude???

Google image. It

coalnewbie · Post by **coalnewbie** » Mon. Mar. 14, 2022 10:32 pm

https://scontent-lga3-2.xx.fbcdn.net/v/t1.6435-9/ ... e=6256B01E

Talk to FF he will make up a few tons. These are horse manure brickettes .. plenty of heat.

waytomany?s · Post by **waytomany?s** » Tue. Mar. 15, 2022 7:03 am

coalnewbie wrote: ↑
Mon. Mar. 14, 2022 10:32 pm
https://scontent-lga3-2.xx.fbcdn.net/v/t1.6435-9/ ... e=6256B01E

Talk to FF he will make up a few tons. These are horse manure brickettes .. plenty of heat.

I thought those were for building, a form of eco bricks.

waytomany?s · Post by **waytomany?s** » Tue. Mar. 15, 2022 7:05 am

freetown fred wrote: ↑
Mon. Mar. 14, 2022 8:53 pm
W, what the hell's a pokeman?? Some SLOW dude???

No idea, kids were into it when they were little. Never paid attention enough to actually understand that one.

Post by **Richard S.** » Tue. Mar. 15, 2022 9:12 am

BigBarney wrote: ↑
Sun. Mar. 13, 2022 10:24 pm
The world has enough oil till at least 2050 , but it is not shared evenly by all.

The problem with this estimates is they can't account for new tech or new finds. These rely on Hubbert peak theory which basically relies on the energy cost to extract it. For example in many oil wells in Saudi they are pumping water into them to keep them productive, this has an energy expense. As the energy expense rises the viability of the well declines, .e.g it's pointless to extract oil with 1000 BTU's of energy if you need to use 1000 BTU's of energy to extract it.

This theory correctly predicted the collapse of oil in Texas in the 70's, however with new technology oil production has exploded there since 2008.

There was a study by Argonne National lab that put estimated recoverable reserves of shale oil in the Green River formation at 800 billion barrels or more. To that we can add the enormous supply of coal that can be converted to diesel or kerosene type products which right now would be a highly profitable business. Oil needs to be around $60 a barrel for this to be feasible.

Bottom line is the US is energy rich and can easily meet domestic demand with reserves safely within our borders for centuries. The supply of these resources will easily last until new energy technology emerges like fusion or geothermal.

The problems that exists are political and market concerns. US firms may be reluctant to ramp up supplies because that investment can evaporate overnight, either because of market forces or politicians pulling the rug out from under them. If you look back to 2008 when energy prices were skyrocketing like they are now energy firms went crazy to get on the fracking bus, eventually the prices collapsed in 2009 leaving a giant glut of energy on the market over the next few years.

Post by **Richard S.** » Tue. Mar. 15, 2022 12:48 pm

BigBarney wrote: ↑
Sun. Mar. 13, 2022 10:24 pm
As Richard points out in these charts is that the US mostly imports finished

One other thing to note about imports, the net is floating around 0.

waytomany?s · Post by **waytomany?s** » Thu. Mar. 17, 2022 9:16 pm

Richard S. wrote: ↑
Tue. Mar. 15, 2022 12:48 pm
One other thing to note about imports, the net is floating around 0.

Just read today that we are still a net exporter. DOE ok'd max exports to European customers. I don't understand why any energy company needs their ok, but they got it.

k-2 · Post by **k-2** » Mon. Mar. 21, 2022 1:23 am

Heating oil is the highest iv ever seen it. Good thing its spring now and the folks with oil heat can get by with some small electric heaters. Of course coal is gold right now.

lincolnmania · Post by **lincolnmania** » Tue. Mar. 22, 2022 3:50 am

Hoping to sell my hot air stokers this year.