• 5 minutes China Faces Economic Collapse
  • 8 minutes ZeroHedge: Oil And Gas Bankruptcies To Accelerate As $137 Billion Debt Matures Over Next Two Years
  • 11 minutes Trump Will Win In 2020
  • 14 minutes Oil Production Growth In U.S. Grinds To A Halt
  • 6 hours The Belt & Road Initiative: A Wolf in Sheep's Clothing?
  • 5 hours Democrats and Gun Views
  • 6 hours How OPEC and OECD play their role in setting oil price in light of Iranian oil sanction ?? Does the world agree with Iran's oil sanctions ???
  • 23 mins Drone attacks cause fire at two Saudi Aramco facilities, blaze now under control
  • 8 hours Buy Oil Monday?
  • 3 hours Swedish Behavioral Scientist Suggests Eating Humans to ‘Save the Planet’ from Climate Change. What could possibly go wrong?
  • 37 mins Cost of oil
  • 4 hours “Who’s going to bail out the Central Banks?”
  • 3 hours Trump Orders Biofuel Boost
  • 12 hours It's the demand, Stupid
  • 10 hours Long Range Attack On Saudi Oil Field Ends War On Yemen
  • 6 hours Green New Deal Preview in Texas Town
  • 7 hours Used Thin Film Solar Panels at 15 Cents per Watt
Has Bolton’s Firing Burst The Oil Price Bubble?

Has Bolton’s Firing Burst The Oil Price Bubble?

Oil prices fell significantly on…

The Top 5 Tech Stocks To Watch In 2020

The Top 5 Tech Stocks To Watch In 2020

The digital advertising market is…

Koch Brothers Sell Polluting Waste from Tar Sands Refinery as Cheap Fuel

Citizens of Detroit are concerned by a three-story pile of petroleum coke that covers an entire city block, which continues to grow in size each day along the bank of the Detroit River. The coke, an unwanted by-product of refining Canada’s tar sands, is produced by a refinery owned by Marathon Petroleum, which has only been refining tar sands oil since November.

The pile in Detroit is not the only one! As more tar sands enters US markets to be refined on US soil, the number of similar coke piles begin to build up. Canada has its own 79.8 million tonne stockpile formed from the initial refining phase that extracts the oil from the bitumen in preparation to be transported south to US refineries.

Kerry Satterthwaite, a petroleum coke analyst at Roskill Information Services, stated that coke is normally used in the steel industry, or in producing aluminium, however the high sulphur content of this coke makes that impossible. “It is worse than a byproduct. It’s a waste byproduct that is costly and inconvenient to store, but effectively costs nothing to produce.”

Related article: Natural Gas Seeps May Contribute Significantly to Greenhouse Gas Levels

The Environmental Protection Agency has stopped issuing licenses to burn petroleum coke in the US due to its high sulphur, and high carbon content, however the Charles and David Koch have managed to find a market for the waste, and through their company Koch Carbon have bought the pile in Detroit, and any more coke that is produced by the refinery there.

Overseas companies, and countries, that are less scrupulous than the US when it comes to protecting the environment and reducing greenhouse gas emissions, such as China and Mexico, buy the coke off Koch Carbon and burn it as a cheap alternative to low-grade coal.

Lorne Stockman, who recently published a study on petroleum coke, explained that it is “the dirtiest residue from the dirtiest oil on earth.”

By. Charles Kennedy of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play