Will the Oil be burned and how it will affect the climate

[Cratoon]

Hello friends!

Recently I heard some news that countries consider burning oil because there's no more place to store it.

As you know the oil production volumes are huge, and this means that a lot of oil will be burn.

So the question is, how will it affect the earth's climate? Is this a significant concern for the environmentalists?

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[jackg]

If they're using controlled facilities then it'll do nothing...

As long as they have things like catalytic converters then it'll just be like normal oil that would've been used anyway...

As long as they don't have an open fire and it doesn't cast too many shadows, it might be a shock these days though given the recent lack of pollution.

[fiulpro]

Firstly I do not think the government is doing right.
Killing so many animals , destroying the resources just because they don't want to give it for free to decrease their price .
This is ridiculously irrelevant , when they can actually do good and distribute it to those in need .
It would have an impact on the environment for sure because unlike the renewable sources of energy , it is not unlimited. They will destroy the natural resources plus pollution cannot be completed avoided , even if they use the secure burning facilities , they would actually use the filters to filter out the dangerous particles from it but it would inturn cost much more for the government to build a facility like this and at the same time keep changing the air filters in the chimneys .
So if they do it , they are stupid.

[Cratoon]

If they're using controlled facilities then it'll do nothing...

As long as they have things like catalytic converters then it'll just be like normal oil that would've been used anyway...

As long as they don't have an open fire and it doesn't cast too many shadows, it might be a shock these days though given the recent lack of pollution.

Sounds reassuring!

But what about the tankers full of oil that are drifting in the Pacific? The worst scenario I can imagine is that they will dump it into the ocean because nobody will want to take the responsibility of storing it or burning in a facilities...

Firstly I do not think the government is doing right.
Killing so many animals , destroying the resources just because they don't want to give it for free to decrease their price .
This is ridiculously irrelevant , when they can actually do good and distribute it to those in need .
It would have an impact on the environment for sure because unlike the renewable sources of energy , it is not unlimited. They will destroy the natural resources plus pollution cannot be completed avoided , even if they use the secure burning facilities , they would actually use the filters to filter out the dangerous particles from it but it would inturn cost much more for the government to build a facility like this and at the same time keep changing the air filters in the chimneys .
So if they do it , they are stupid.

If only we lived in a perfect world... Honestly I think we're technologically ready for solar/alternative energies, but the economy will have to be reformed worldwide. That's not something that's in the best interests of the establishment, but hopefully we can get there some day.

[fiulpro]

If they're using controlled facilities then it'll do nothing...

As long as they have things like catalytic converters then it'll just be like normal oil that would've been used anyway...

As long as they don't have an open fire and it doesn't cast too many shadows, it might be a shock these days though given the recent lack of pollution.

Sounds reassuring!

But what about the tankers full of oil that are drifting in the Pacific? The worst scenario I can imagine is that they will dump it into the ocean because nobody will want to take the responsibility of storing it or burning in a facilities...

Firstly I do not think the government is doing right.
Killing so many animals , destroying the resources just because they don't want to give it for free to decrease their price .
This is ridiculously irrelevant , when they can actually do good and distribute it to those in need .
It would have an impact on the environment for sure because unlike the renewable sources of energy , it is not unlimited. They will destroy the natural resources plus pollution cannot be completed avoided , even if they use the secure burning facilities , they would actually use the filters to filter out the dangerous particles from it but it would inturn cost much more for the government to build a facility like this and at the same time keep changing the air filters in the chimneys .
So if they do it , they are stupid.

If only we lived in a perfect world... Honestly I think we're technologically ready for solar/alternative energies, but the economy will have to be reformed worldwide. That's not something that's in the best interests of the establishment, but hopefully we can get there some day.

Problem is , the leaders that people choose are all old and knowledgeable , I agree but they lack the perspective of a young person , in many countries there are age groups , only after which one can rule the government.

The person should be educated , young , positive and not dumb like leaders like Trump , plus we should have the power to help others in need like the North Korea , the government should have been dissolved long ago . People are treated like animals there , there are no rights , humanity is itself a crime there .

Only if the borders were erased and whole world was one country , not different nations competing for resources. Hoping is not the only thing we can do , we can get our ideas and thoughts out there , we can try and reform our society . Maybe we won't make it , but at least we would have tried.

System needs some serious reforms soon .

[Sadlife]

If only humanity is using free energy that was built by a brilliant scientist Nikola tesla then they wouldn't have to dig mineral sources till its last drop and now they're wasting tons of it but in the near future im sure it will all be dried up with nothing and that leaves our vehicles and electronics and power plants nothing to use.

[The Sceptical Chymist]

Recently I heard some news that countries consider burning oil because there's no more place to store it.

I don't buy that reasoning for one second.  If countries are contemplating the burning of oil, it's not because they don't have anywhere to store it (unless someone can convince me otherwise).

Oil has been nothing but headache after headache ever since it started being used for oil lamps, heating, and in the production of gasoline and other petroleum products.  It's caused political, environmental, economic, and all sorts of other problems and I'll be happy when the world is finally powering itself with cleaner forms of energy. 

As far as whatever burning takes place because of the "storage problem," my guess is that it won't be done under ideal conditions and there will probably be some consequences to the environment.  The whole idea just rings silly in my ears.

[super bako]

Hello friends!

Recently I heard some news that countries consider burning oil because there's no more place to store it.

As you know the oil production volumes are huge, and this means that a lot of oil will be burn.

So the question is, how will it affect the earth's climate? Is this a significant concern for the environmentalists?

many countries are affected by falling oil prices, and individual countries will likely need to take swift action and implement reforms, if this prolonged decline will force countries to carry out economic reforms - in some cases, which change their economies by strengthening the private sector. to prevent a big bankruptcy

[brotherwood12]

i think they will know what they do , not just "burn" it instanly , so i think its fine , but sad thing when that happens while some country really need it

[figmentofmyass]

Recently I heard some news that countries consider burning oil because there's no more place to store it.

i can't find any news articles about this. link?

based on how optimistic the market is about recovery, i find it unlikely that anyone would be destroying oil stores yet. i could only see that if this keeps up for months or years. oil contracts might go negative again at expiration, but longer term i think countries like china (who are huge oil importers) are building facilities to suck up the excess supply. https://www.cnn.com/2020/04/08/business/oil-prices-china-imports/index.html

The whole idea just rings silly in my ears.

+1.

[jackg]

But what about the tankers full of oil that are drifting in the Pacific? The worst scenario I can imagine is that they will dump it into the ocean because nobody will want to take the responsibility of storing it or burning in a facilities...

I think there's more of a reason they don't do that normally, if they do, governments like the US will face a lot of cirtticism over it until they find a way to solve the problem. I think this would cause a lot more problems even for the oil companies (a lot of plastic waste in the ocean is APPARENTLY caused by fishing - around 44% i think i've seen quoted - this would be a massive blow to the oil industries if a large amount of oil just seeped inot the ocean from one of these ships...

It also means we've even further destroyed the only ecosystem we had a hope for not causing too much of an extinction to (other than dolphins and a few other animals with plastic).

[silversurfer1958]

I think the idea of burning oil due to storage is full that is a bad idea for the environment. This will cause the greenhouse effect. The earth's temperature will rise, the ice in Antarctica and the Arctic will melt a lot. As a result, rising water levels will rise, causing coastal areas to face serious risks such as tsunamis or floods. Instead, I recommend that the companies exploit less oil to ensure economic returns while protecting the global environment.

[TIDOVEE]

Burning oil for lack of space to store??
And there is nothing to convert the oil into, and it cannot be transported to other countries. Maybe only in this pandemic period that people do not really go out. Yet they will sell at costly price here in my country.that is not wisdom. Though burning the oil may contribute to air pollution and even Constitute some poisonous substances like carbon monoxide to the cloud, which is not good to the health of the people.

[Kemarit]

Hello friends!

Recently I heard some news that countries consider burning oil because there's no more place to store it.

As you know the oil production volumes are huge, and this means that a lot of oil will be burn.

So the question is, how will it affect the earth's climate? Is this a significant concern for the environmentalists?

I also don't buy the reasoning behind burning oil? Burning their oil means burning their money as well so I doubt that countries will take that action just because there's no more place to store, doesn't makes any sense at all. Again, if we here this kind of news, for sure environmentalist will be concern, but so far I can't see any online news about your topic. Maybe if you could put some links in here then there will be a lot of discussions, but so far it looks like this is a total hearsay.

[Snappycoco]

I dont think that many countries would be burning oil due to lack of of storage. It is quite erroneous specially that this pandemic would not be lasting for more than 2 years. This pandemic slows down the usage of oil and when this ends, it will surely comes back to normal usage.

[squatz1]

If they're using controlled facilities then it'll do nothing...

As long as they have things like catalytic converters then it'll just be like normal oil that would've been used anyway...

As long as they don't have an open fire and it doesn't cast too many shadows, it might be a shock these days though given the recent lack of pollution.

Solid post my man Jack, no idea what most of this means but it sounds sciency and smart so +merit.

From my own personal view with no real research I can't see them burning Oil. While the storage of this oil is a bit expensive, that's true, you're still going to be able to get SOME money on the free market to sell this. I'd assume that most of the people that are sitting on oil right now are just praying for a recovery and are planning to just leave their cargo barges in the ocean waiting for this to happen.

[Latviand]

Recently I heard some news that countries consider burning oil because there's no more place to store it.

I don't buy that reasoning for one second.  If countries are contemplating the burning of oil, it's not because they don't have anywhere to store it (unless someone can convince me otherwise).

Oil has been nothing but headache after headache ever since it started being used for oil lamps, heating, and in the production of gasoline and other petroleum products.  It's caused political, environmental, economic, and all sorts of other problems and I'll be happy when the world is finally powering itself with cleaner forms of energy. 

As far as whatever burning takes place because of the "storage problem," my guess is that it won't be done under ideal conditions and there will probably be some consequences to the environment.  The whole idea just rings silly in my ears.

In order to fight the pollution brought by burning of oil, each and everyone of us should plant a tree as much as possible so that there is something that absorbs the carbon dioxide and convert it into an oxygen. By that, we can still fight and lessen the pollution in the air and we can protect our ozone layer.

The reason why we have so much oil is because the only consumer of it are those who are using it in the household and factories who produces some stocks. This quarantine prohibits people to use vehicle to go outside to lessen the spread of the virus, we all know that vehicles are operated by oil in order to function.

I suggest to plant more trees everywhere and people should invent an oil that produces harmless air when it emit gases. If we lack of storage for oil then what if we make another storage for it, so that it will not be wasted and destroy the environment in burning it and make it wasted.

[cafetools]

lol burning oil really?

[davis196]

Hello friends!

Recently I heard some news that countries consider burning oil because there's no more place to store it.

As you know the oil production volumes are huge, and this means that a lot of oil will be burn.

So the question is, how will it affect the earth's climate? Is this a significant concern for the environmentalists?

Burning oil and wasting it instead of giving it away to the people for free. That's how capitalism works.
This is the most stupid idea I've ever heard.Oil prices will go up after a few years.It's way better to just invest in new storage facilities and keep that oil and sell it when the oil prices recover.
Can't the OPEC countries just stop producing oil for a while.I know that many workers in the oil industry will lose their jobs,but they can be compensated and this will be temporary.
I don't think that the climate will be affected.There's enough pollution already,a few million barrels of burned oil won't change anything.

[Paycoinzzz]

Hello friends!

Recently I heard some news that countries consider burning oil because there's no more place to store it.

As you know the oil production volumes are huge, and this means that a lot of oil will be burn.

So the question is, how will it affect the earth's climate? Is this a significant concern for the environmentalists?

that actually harms the environment pretty much but I think they won't burn too much oil. because only a few countries are in the process of social isolation in Europe, the rest in Asia and Southeast Asia are very well under control of the epidemic and they will probably start returning to production quickly. Future oil prices are also recovering quite strongly after many sell-offs. Hopefully, the disease will be controlled quickly, then there will be nothing more harmful to businesses and the environment.

[Ucy]

Firstly I do not think the government is doing right.
Killing so many animals , destroying the resources just because they don't want to give it for free to decrease their price .
This is ridiculously irrelevant , when they can actually do good and distribute it to those in need .
It would have an impact on the environment for sure because unlike the renewable sources of energy , it is not unlimited. They will destroy the natural resources plus pollution cannot be completed avoided , even if they use the secure burning facilities , they would actually use the filters to filter out the dangerous particles from it but it would inturn cost much more for the government to build a facility like this and at the same time keep changing the air filters in the chimneys .
So if they do it , they are stupid.

The wastage really surprises me  sometimes. I mean, there are things that can be done to food/meat to preserve them naturally for long-term storage. I would be really surprised if the foods are being destroyed because they don't want to give them to people for free or at very cheap price.
Can people really do such thing?
In regards to the oil issue, they should have anticipated this problem, and even avoid the use of oil by societies due its many problems and consequences to the environments. You don't invent things, overlook the consequences and hope that nothing goes wrong.

[sheenshane]

Burning oil might have a bit effect on the climate depending on how it will affect the environment. Whether these companies use the best smoke or air filters in the world still it will cause pollution because filters can never zero out all the hazardous chemicals that might come from the burning oil. These oil-producing companies should think of a way on how they can manage their production during this time when there is a lower demand for their oil.

The storage issue is pretty irritating to the ear they are just threatening us that they will burn out these oils and damage the environment if we will not buy and consume their products. These companies are experts when it comes to business they just want us to be dependent on them at all times.

[Febo]

Recently I heard some news that countries consider burning oil because there's no more place to store it.

As you know the oil production volumes are huge, and this means that a lot of oil will be burn.

LOL. Yes we will burn all oil by using it. If someone will have no place to store Oil he will simply not buy or not pump more Oil. And their problem with storing is solved. Why would someone buy oil and pay for it to burn it for nothing?

[Psynthax]

Sometimes I wonder how much it will cost them to just stop and not pumping oil for a moment. To burn oil like that because there's no more place to store it meanwhile they keep pumping the oil from underground baffles me. maybe i don't know the technical since I'm myself is not a miner but is burning oil really necessary?

[Kong Hey Pakboy]

Hello friends!

Recently I heard some news that countries consider burning oil because there's no more place to store it.

As you know the oil production volumes are huge, and this means that a lot of oil will be burn.

So the question is, how will it affect the earth's climate? Is this a significant concern for the environmentalists?

I don't think that other countries will be burning oil because they are just wasting materials that is very important to everyday life. A lot of living things could also get affected if they will do such a thing. If there are no place to store why don't give them to countries who needs oil instead of burning and wasting them.

[Findingnemo]

Hello friends!

Recently I heard some news that countries consider burning oil because there's no more place to store it.

As you know the oil production volumes are huge, and this means that a lot of oil will be burn.

So the question is, how will it affect the earth's climate? Is this a significant concern for the environmentalists?

I don't think that other countries will be burning oil because they are just wasting materials that is very important to everyday life. A lot of living things could also get affected if they will do such a thing. If there are no place to store why don't give them to countries who needs oil instead of burning and wasting them.

Every country filled their storage that is why there is no more place to store the produced oil and I heard that if the oil production stops completely then they have to spend huge amount of money to restart everything that is why they cannot stop it completely but I don't think they will burn it possibly it will be dumped on international waters.

[super bako]

Recently I heard some news that countries consider burning oil because there's no more place to store it.

As you know the oil production volumes are huge, and this means that a lot of oil will be burn.

LOL. Yes we will burn all oil by using it. If someone will have no place to store Oil he will simply not buy or not pump more Oil. And their problem with storing is solved. Why would someone buy oil and pay for it to burn it for nothing?

That's right. Maybe it's not that easy to burn in a very free way. Buying and paying to be burned without fees is very funny, it will make economic losses if the oil is burned with the reason there is no storage anymore. That is nonsense for me. ,it's better to share it with people for free to people for daily needs. when burned for nothing. in my opinion

[iv4n]

We all read stupid things these days, crazy conspiracy theories, and we can agree that this one can easily win some prize in that contest! Oil to be burned, hey oil, the same oil that yesterday was close to the end of reserves?! Do people fall on this too easily? Do you remember what they were talking months ago, years ago? Are we people so easy for manipulators?
Oil to be burned, what a joke that would be! And tomorrow oil reserves will be at the near end, it's an obvious manipulation with supply and price! And on a side that, can you imagine a scenario where millions and billions of dollars are spent to get that oil from the ground, meanwhile hurting nature and wild life, and after all that to just burn it!? Isn't that the craziest thing we can witness in our lives?
I can't believe I am reading and thinking about burning oil...

[princesspoppy]

Instead of burning it, why don't just give it to people in need? The fact that burning can cause many negative effect to our environment - to the atmosphere and ozone layer, there are also many countries in need of oil. I think it will be best if the government will just give it to people in need.

[carter34]

I think that if the burning takes place at this time, it will disturb layers of the earth, that's called the ozone layer. This will be a major concern for the globe because the earth layers if cracked, can cause different health issues and we are yet to come off covid-19.

[mu_enrico]

Only if the borders were erased and whole world was one country , not different nations competing for resources.

It's called Utopia.

Hoping is not the only thing we can do , we can get our ideas and thoughts out there , we can try and reform our society . Maybe we won't make it , but at least we would have tried.

System needs some serious reforms soon .

When I was young, I used to think about this "reform our society," but when I get older, this quote becomes more relevant:

"A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both."

"The great virtue of a free market system is that it does not care what color people are; it does not care what their religion is; it only cares whether they can produce something you want to buy. It is the most effective system we have discovered to enable people who hate one another to deal with one another and help one another."
― Milton Friedman

Source.

The free market system doesn't care about whether you have one world one country or one world thousands countries. It only cares about whether you can produce something valuable. So if you want to help the world, start from creating something useful to the world.


Anyway about this oil problem, they just need to stop the production, and let the inventory depleted gradually. Is that real news? Sound so stupid...

[alexeev.tosha0109@yandex.]

Despite the fact that oil production can't be stopped completely, burning limited resource is a really insane idea. But in case it happens, I don't think that its environmental impact will the most urgent issue.

[bitgolden]

Recently I heard some news that countries consider burning oil because there's no more place to store it.

As you know the oil production volumes are huge, and this means that a lot of oil will be burn.

So the question is, how will it affect the earth's climate? Is this a significant concern for the environmentalists?

I doubt oil could ever be burned, I know that is something they have done previously but I feel like we do not have nearly enough of it left right now to do something like that. As long as they can expand the storage they will want to keep it because the more you sell it the more money you could make, and instead of making the price go up right away so they could make a short term profit, they would want to have as much of it as possible to keep selling and eventually they will have less and less and they will be capable of increasing the price anyway. Hell as long as they have enough storage they could spike up the price anytime they want because worst case they won't sell it and just store it.

However if they end up burning it, of course it would reverse all the good covid has done for the world.

[Hydrogen]

Recently I heard some news that countries consider burning oil because there's no more place to store it.

If crude oil is burned.

It will be for reasons identical to tether destroying $500 million of its own supply in 2018:

Tether Destroys 500 Million of Its USDT Coin

October 25, 2018

According to transaction data from Tether’s accounts, it took 500 million USDT permanently out of circulation on Wednesday.

https://cryptoslate.com/tether-destroys-500-million-of-its-usdt-coin/

It represents an attempt to address the supply side of the equation, in an effort to stabilize oil prices. Now that reduced demand has oil prices plummeting. This type of market and price manipulation is common in virtually all markets which exist today.

[super bako]

Despite the fact that oil production can't be stopped completely, burning limited resource is a really insane idea. But in case it happens, I don't think that its environmental impact will the most urgent issue.

your words are true. it will only increase the work of the government if that happens and it is a stupid thing. the impact will disrupt the environment and add to the economic crisis ... certainly the government has other ways to not harm the country's financial assets, on the one hand low oil prices can have a positive impact .Public can also enjoy the cheap oil prices.??

[Cratoon]

Recently I heard some news that countries consider burning oil because there's no more place to store it.

i can't find any news articles about this. link?

https://www.investing.com/news/commodities-news/us-oil-plunges-25-as-storage-fears-reappear-2152319

And production cuts are coming. The much-anticipated production cuts by OPEC and its global allies officially begin on Friday. The GLOPEC arrangement has committed to cut at least 9.7 million barrels per day. Kuwait, OPEC's fourth-largest producer, says it has already begun cutting ahead of the group. So has Nigeria, because there's just nowhere to put any more of its oil. U.S. drillers have shed 305 oil rigs over six weeks, wiping out technically 45% of operating shale output.

In Russia, the industry is even considering resorting to burning oil as the fastest means to dispose of supply, sources told Reuters.

[silversurfer1958]

I know that if this idea becomes a reality, it will have a very bad impact on the environment. The fumes from burning excess oil will cause the greenhouse effect on the earth. Especially, the air is heavily polluted with toxic substances. Many people will suffer from respiratory syndrome such as pneumonia, shortness of breath, chest pain due to breathing in too much of these toxic fumes.

[whyrqa]

I think this is the worst idea you can come up with.  there are already quite a lot of problems on the planet due to emissions of harmful substances into the atmosphere, including co2.  I believe that more than one coronavirus is needed for humanity to reduce the human impact on nature.  the biggest problem on the planet is man himself.

[stompix]

Instead of burning it, why don't just give it to people in need? The fact that burning can cause many negative effect to our environment - to the atmosphere and ozone layer, there are also many countries in need of oil. I think it will be best if the government will just give it to people in need.

And you some with a stupid idea to a stupid scenario!
You want a barrel of oil, good...let me know what you plan to do it with it!
And those countries in need of oil they could have simply just taken the oil away, but now, right now nobody wants oil, everyone is full with reserves, refineries are filled with gasoline as people have stopped riven cars, there is nothing you can do with oil right now, that's why it is so cheap and futures went into negatives.

https://www.investing.com/news/commodities-news/us-oil-plunges-25-as-storage-fears-reappear-2152319

And production cuts are coming. The much-anticipated production cuts by OPEC and its global allies officially begin on Friday. The GLOPEC arrangement has committed to cut at least 9.7 million barrels per day. Kuwait, OPEC's fourth-largest producer, says it has already begun cutting ahead of the group. So has Nigeria, because there's just nowhere to put any more of its oil. U.S. drillers have shed 305 oil rigs over six weeks, wiping out technically 45% of operating shale output.

In Russia, the industry is even considering resorting to burning oil as the fastest means to dispose of supply, sources told Reuters.

Burning oil in thermal power stations, which Russia doesn't lack, and most of their old power stations can be easily converted from coal to burn fuel oil.

Most oil wells can be easily managed, in most countries they are already pumping either water or gas or different mixtures to keep the il coming up, this can be reduced while keeping the well alive, the only problems would appear in freezing weather (it's summer in the northern hemisphere by now) and in deep-sea drilling. It makes no sense burning the oil, as it will be lost anyhow this way.

Burning oil and wasting it instead of giving it away to the people for free. That's how capitalism works.

No, this is how cartels and socialism works.
Most of those oil companies are controlled by the state, so it's not anything like capitalism, it's pure centralized planned economy, socialism!
So, you're angry at exactly the opposite thing.   

[FanatMonet]

Well, in general, in each oil there is a certain percentage of Sulfur, which, when burned, binds to atmospheric gases, and as a result we get acid rain in the nearest territory. Also, during the combustion of carbon, CO2 is released, which negatively merges causing the greenhouse effect on the planet.

[ene1980]

Recently I heard some news that countries consider burning oil because there's no more place to store it.
As you know the oil production volumes are huge, and this means that a lot of oil will be burn.
So the question is, how will it affect the earth's climate? Is this a significant concern for the environmentalists?

No country will consider burning oil because they have no space to store them they can reduce the production considerably rather or pitch to other countries for a much lower market rate and with these options available why would they waste by burning, since you started the topic i was searching and i could not find any sources. ?

[Yatsan]

If only humanity is using free energy that was built by a brilliant scientist Nikola tesla then they wouldn't have to dig mineral sources till its last drop and now they're wasting tons of it but in the near future im sure it will all be dried up with nothing and that leaves our vehicles and electronics and power plants nothing to use.

Chances are high that the world will be lack with natural resources due go the excessive use of it. The ideas of Nikola Tesla are more making sense at this moment that modernization and technological developments are now being seen to most of the things people of this day are using. There are even debates concerning if his ideas were more acknowledge before, things could not be as worse as what we are experiencing. My idea to this is that, his inventions were too early before for other people to support , familiar with talks regarding which would power the world in the future? Whether it is Tesla's AC or Edison's DC. But personally my view would go for tesla based from what I have read.

I know that if this idea becomes a reality, it will have a very bad impact on the environment. The fumes from burning excess oil will cause the greenhouse effect on the earth. Especially, the air is heavily polluted with toxic substances. Many people will suffer from respiratory syndrome such as pneumonia, shortness of breath, chest pain due to breathing in too much of these toxic fumes.

This would really be a bad thing and I doubt no other countries would oppose to such actions because it is obviously harmful to our environment. Also, it does not make sense that they spent money, time, and manpower in order to search for oil then will just dispose it using an improper way jist because they are lacking storage. Indeed natural resources would regenerate but for sure, the manner of how fast people are extracting it from the nature would slow down the recovery, worse it would destroy it.

[Cratoon]

Recently I heard some news that countries consider burning oil because there's no more place to store it.
As you know the oil production volumes are huge, and this means that a lot of oil will be burn.
So the question is, how will it affect the earth's climate? Is this a significant concern for the environmentalists?

No country will consider burning oil because they have no space to store them they can reduce the production considerably rather or pitch to other countries for a much lower market rate and with these options available why would they waste by burning, since you started the topic i was searching and i could not find any sources. ?

Ok smartie way to pick on words. If you didn't find sources - you haven't looked hard enough. The fact is there's too much production and not enough storing space.
If not countries, some private companies or the transporters of oil may dispose of oil the "cheap way" and damage the ecology.

Just as I've predicted, the oil starts getting dumped in the ocean if the oil industry won't decrease production it may get much worse.

[justdimin]

Oil is doing fine now, there is really no need to burn it because lets be honest that is millions even billions of dollars gone to waste and they wouldn't want something like that. Look at the price right now, double and even triple of what it used to be and that means there is no need to burn it. Look at Saudi Arabia, they have used all the oil money they made to invest into other stuff so they are still making a profit even when they are not selling oil, which means they can wait without burning and still be profiting at the same time.

Basically there could be few places who would do it and it would hurt the climate like crazy but at the same time it won't be a big portion, it would be under 5% of all the people who extract oil and sell it, but you never know about what oil executives will do to make one more dollar for themselves.

[stompix]

Ok smartie way to pick on words. If you didn't find sources - you haven't looked hard enough. The fact is there's too much production and not enough storing space.
If not countries, some private companies or the transporters of oil may dispose of oil the "cheap way" and damage the ecology.

Just as I've predicted, the oil starts getting dumped in the ocean if the oil industry won't decrease production it may get much worse.

So, your source for this is an article that shows no evidence?

You should really start to think before digesting any rumor as you read it in the first piece of news your hear.
First, this huge oil pill has not been recorded by any other newspaper, no matter how hard you try the only one reporting is that website you mentioned while others talk about spills from 2019, 2018, 2017....
Second, that place is one of the last in which tankers would dump, the only tankers in that region are Russian tankers, with the ports having a capacity of 1mln barrels per day and with one of the last available storage facility to yet full. So, why would rosneft choose to dump its oil when they could simply store it?
Third, why is there only a case and not hundreds?
Use logic before taking any piece of news as solid truth.

Also, how is this a cheap way?
Load oil in a tanker, pay up the crew to ignore this, pay up the company that owns the tanker to ignore it, pay the port employees to ignore that cargo is not there, all to dump oil that can be seen from space? They could have simply dumped it in the oil pits waste lakes that every mining facility has and be done with it.

[imstillthebest]

why produce so much oil when they know that there isnt much demand on it  . why will they burn the excess one when they are already selling it cheap  . people should be buying alot of them now so there should be no problem for spacing . burning them is only a loss for them and also a harm to our environment plus its also illegal and they should be jailed or fined for that  . they can be easily caught out if they do so due to smoke and smell but idk if they can burried it instead on the ground

[NavI_027]

Recently I heard some news that countries consider burning oil because there's no more place to store it.

Are you really sure about this? First, how come they no longer have means of storing their oils? Second, do they were able to waste a precious commodity? I can't believe it, it doesn't make any sense. It would be wiser for them to cut the price largely than burning it for nothing.

So the question is, how will it affect the earth's climate? Is this a significant concern for the environmentalists?

Assuming that it was true, I may say yes. Why? Simply because at the end of the day it was a carbon emission. Even how small or big it is, it will accumulate and manifest its effect in the future and that was sad. Actually, there's a fear in the back of my mind concerning about opening all economies once again. I guess the wounds of our Mother Earth which healed for past few months will suddenly bleed again once we go back to normal .

[FanEagle]

I agree that there is really not a reason that people should be dumping something that worths money. I get that if you destroy oil for a while you will have less oil and you will make more money by selling it for more money. However you could keep them and sell for cheaper but also make more money because you are selling more of it as well, that is an option as you might imagine.

Moreover at the worst case you could build more storage, oil is not something that is hard to store, you could build a place that can hold all the extra oil in less than 6 months, sure that is too late for now, but at least they could just keep paddling for another 6 months and then never have to deal with anything like this, which means they will have to sell only the excess amount for the 6 months until its built.

[dothebeats]

No country will consider burning oil because they have no space to store them they can reduce the production considerably rather or pitch to other countries for a much lower market rate and with these options available why would they waste by burning, since you started the topic i was searching and i could not find any sources. ?

Unfortunately, that is a possibility since storing oil is tedious and resource-hungry that the need for disposing extra tons of it by burning is more feasible than, well, storing it on somewhere unsafe and somewhere which isn't fireproof. They can sell it on a much cheaper rate however do keep in mind that there literally is very little demand for oil right now whereas the supply is still staggeringly high.

why produce so much oil when they know that there isnt much demand on it  . why will they burn the excess one when they are already selling it cheap  . people should be buying alot of them now so there should be no problem for spacing . burning them is only a loss for them and also a harm to our environment plus its also illegal and they should be jailed or fined for that  . they can be easily caught out if they do so due to smoke and smell but idk if they can burried it instead on the ground

No one expected the virus to reach pandemic status, and so Middle East decided to ramp up production prior to the events of the last weeks of March wherein it is revealed that the virus is already transmitted on most parts of the globe. Also, the oil that you are talking about is still unprocessed and extremely flammable, so I don't think the option to sell it to the normal citizens is an option honestly.