oil

Mapped: Crude Oil Pipelines and Refineries of the U.S. and Canada

Pipelines are the primary method of transporting crude oil around the world, delivering oil and its derivative products swiftly to refineries and empowering reliant businesses.

And North America is a major oil hub. The U.S. and Canada alone are home to more than 90,000 miles of crude oil and petroleum product pipelines, along with more than 140 refineries that can process around 20 million barrels of oil every day.

By Brandon Smith

There is a narrative being spread within leftist/socialist circles by media celebrities and White House cronies, and it is this: Paying high prices for oil and gas is actually a GOOD thing. But why is it a good thing to these people? How do they benefit?

Spoiler Alert: It has nothing to do with punishing Russia economically.

Authored by Tsvetana Paraskova via OilPrice.com,

Russia’s oil company Tatneft, one of the biggest in the country, operated in Crimea until very recently despite the risk of being blacklisted by the U.S., Reuters reported on Wednesday, citing Tatneft documents and a source close to the company.

Back when oil was at $100 and above, the Saudi economy was firing on all cylinders, and nobody even dreamed that the crown jewel of Saudi Arabia - Aramaco - would be on the IPO block in just a few years.