As a child, I was always told that when the dinosaurs died, they eventually got broken down into crude oil, which get refined into a list of products.
Well I seen a post somewhere that was saying the crude oil wasn’t made from dinosaurs. So if it’s not made from the remains of the dinos, how it is made then.
In: 93
The issue (other than the dyno vs plant in natural processes) is we do not “make” crude, it is extracted for much less cost than it would take to make a similar energy storage system.
We do have large scale processes for recovering and reusing cooking and motor oil, but this only works because those items are worthless otherwise, actually they are a liability, there is a cost associated with disposing of them.
So, the companies that extract the crude oil can make huge profits, when crude prices get too low the most expensive extraction types feel the pain first( tar sands for example)
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