Since the shale energy revolution, we talk about the American energy revolution and independence. in the last Presidential elections it was a major election topic.  Not paying money to regimes like the ones in the Middle East makes sense. But most American energy imports are from the Caribean, not the Middle East.

But there are major concerns for the American energy exports. first of all, there are several regulatory burdens.  it is illegal to export crude oil. However, this is not the case for refined oil products. meaning an additional boost for refinery capacity in the United States. So the American refinery firms are exporting jet fuel or other high-value oil products.

Another major problem for the american energy revolution and world is the shortage in refinery capacity. On average a new refinery facility costs 1 billion USD. So that’s a investment you paln and really take care off. The lackage of management capacity is part of the energy shortages in Nigeria. although the country is a oil exporter, the refinery installations are broken down. The owners (Shell) is not interested in the repair. Due to this Nigeria is having electricity shortages and a sharp collapse in foreign revenue (due to lack of oil exports).

The next problem for oil exports is the shortage of oil tankers. There is a physical shortage. Resulting, for example, in oil barrels being stored at the Saudi Arabia harbor, in the full sun! I doubt it is really good and healthy, but it is what the Saudi Arabia government is doing.

There are chances in the field of innovation and in the field of LNG. LNG is the only field for quick and easy growth for the American energy companys.

For more you can always listen to the podcast or leave a comment below.

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