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But they don't have the storage capacity, otherwise prices would never have gone below zero.
by fauigerzigerk 6y ago
But they don't have the storage capacity, otherwise prices would never have gone below zero.
- amelius 6y agoYou don't need storage if you immediately burn the oil?
- fauigerzigerk 6y agoHow much can they possibly burn immediately upon delivery and which other fuel would it replace? I don't know for sure, but my hunch is that it's insignificant in terms of extra carbon emissions.
- MaxBarraclough 6y agoTo mirror fauigerzigerk's point: The power demand is already being met by the existing system. How could you profit by burning the oil immediately for power generation?