Why Mordor Will Never Reindustrialize: It’s too Dependent

The US is UTTERLY DEPENDENT on imported conventional petroleum which it still gets for FREE due to its petrodollar privilege. No petrodollar privilege = no imported petroleum, no US industry, no US agriculture, Nno US economy and no production of US shale LTO, which is NOT petroleum.

US shale LTO is low density paint thinner that the USA is largely unable to process, hence it must export to other countries for refinement to gasoline equivalent fuel which has limited uses. US refineries were built to handle conventional crude oil, not shale LTO. Ultimately, US shale LTO is USELESS when it comes to running the essential big machinery of industry, transport and agriculture.

Read article in The Greanville Post

 

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