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

[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.

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[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.