> the US runs on diesel. We don't produce much heavy oil so we import it
Diesel is a medium-weight distillate; we can turn light oil into it fine. We refine most of our diesel and import the balance from Canada [2].
> Fracking, anyway, is an economic mirage enabled by cheap credit and expensive oil
Our production costs mirror Russia’s [3][4]. (They’re dwarfed by Saudi Arabia’s fiscal break even.)
Consider citing your comments. I’ve sometimes started writing something as riddled with errors as yours, only to find myself corrected when searching for citations.
In terms of total petroleum products (including crude, gasoline, and diesel) the US has become a net exporter in the last few years.
> In 2020, the United States became a net exporter of petroleum for the first time since at least 1949. In 2022, total petroleum exports were about 9.52 million barrels per day (b/d) and total petroleum imports were about 8.33 million b/d, making the United States an annual net total petroleum exporter for the third year in a row.
The petrodollar was never about access to Saudi oil. Even when we imported large amounts of oil, we also produced a lot and we had very many different suppliers.
The petrodollar was about creating a massive market for USD despite us having a massive trade deficit. Every country that wanted to buy oil had to hold USD and US treasuries to buy the oil.
This cemented the USD as the world currency therefore financing our budgetary (as opposed to trade) deficit with cheap interest rates.
Why do you guys insist on presenting as an educated authority but get such basic verifiable facts wrong? Among other things, the US was absolutely worried about maintaining access to Saudi oil. And the us-saudi "oil for protection" scheme stated in the 40s when the US was the world's factory.
Its not even the wrong facts, it's that you could just Google it and still present as this authority you want to be, but actually be correct.
I guess my point is that the USD has many other reasons for being the world currency, (firstly the lack of alternatives) and the money that was spent on Saudi Oil and would partly come back due to the petrodollar now stays in the US on US oil so its not like the US has lost any value.
The relevant principle of jurisdiction here is that a state has jurisdiction over the acts of its citizens. It's not uncommon and it's certainly not just a US thing (eg. here is a Brazilian court convicting one of its citizens over a murder committed in Australia: https://www.theguardian.com/world/2023/jun/23/cecilia-haddad... ).
The thing that's a bit scary about that Travel Act is: what happens when US laws change?
Instead of having sex with minors, suppose the US elected some crazy religious zealots who managed to make it illegal to have sex outside of heterosexual marriage, after getting abortion banned (so, not exactly far-fetched). So does that mean that all "US persons" (citizens, green card holders, residents, etc.) who travel (or live) outside the US and have sex with someone they're not married to are now criminals?
>So does that mean that all "US persons" (citizens, green card holders, residents, etc.) who travel (or live) outside the US and have sex with someone they're not married to are now criminals?
What might you say about war crimes? When was the last time we had a large scale war within the borders of the U.S.? Should the wars that have taken place since been free of such prosecution since they were overseas?
Then, the NyPost is the only media outlet to run a story of a laptop (recently verified by the FBI in court) containing incriminating evidence of corruption of one of the two leading candidates.
First HP engineers made RPL, then they attended Sussman and Abelson's intro to CS class. I think Sussman once said that, if RPL had anonymous functions it'd be a perfect lisp.
Sci hub is so good. Im a university partner and have accesses to a top research uni's library. I use Sci hun because logging into Elsevier is a massive PIA.
It's been under massive legal attack in a few jurisdictions, and as far as I know, has stopped scraping.
Many, many papers from after 2021 that are not available. It has become a major issue, cutting me off at times from new results important to my work or study.
It's kind of a scary time now, and I feel the strong need to regroup and find a way to get sci-hub back to scraping.
We have to imagine there are millions of people being cut off from millions of people-years of research for every year this embargo continues. It's crucial that we bring it back up!
Anyhow, thanks for being a sci-hub user and endorser! I love it when my peers in academia use it!