Crude Oil is seldom used for electricity, so why tinker with the supply chain?
By Ronald Stein |November 3rd, 2021|Energy|23 Comments
Crude Oil is seldom used for electricity, so why tinker with the supply chain?Most of the worlds continuous uninterruptable electricity generation is by coal, natural gas, hydropower, and nuclear.
The primary usage of crude oil is for the manufacture of derivatives for thousands of products and fuels for transportation infrastructures. Tinkering with the supply chain of oil could impact the supply chain of thousands of products needed by current lifestyles and worldwide economies.
Of the 3 fossil fuels of coal, natural gas, and crude oil, it’s only coal and natural gas that are primarily used for the generation of continuous uninterruptible electricity.
https://www.cfact.org/2021/11/03/crude-oil-is-seldom-used-for-electricity-so-why-tinker-with-the-supply-chain/
