Donald Trump has asked for at least $100bn (£75bn) in oil industry spending for Venezuela, but received a lukewarm response at the White House as one executive warned the South American country was currently “uninvestable”.
Bosses of the biggest US oil firms who attended the meeting acknowledged that Venezuela, sitting on vast energy reserves, represented an enticing opportunity.
But they said significant changes would be needed to make the region an attractive investment. No major financial commitments were immediately forthcoming.
Yea that’s about what I’ve seen 15 or so % toward plastic, then another 10-20% is used for heating purposes (think home heating oil, kerosene etc) not saying we can’t get away from it but for example I’d have to completely redo my home heating system to even think about getting away from using nearly 600 gallons of oil for heat a winter, which for reference I use 40 gallons of gas a month to get to work in my car (significantly less on the bike, but it’s a snow globe out there rn) and it takes about a half gal of oil to make a gal of gas. Most of my annual oil consumption comes from heating my home, not fueling my vehicles to transport me 250 miles a week on average
I am in the same boat, I spent $680 on heating oil last month. I would love to move to split-level heat pump system. Most of the work would be running the electrical as the pumps/vents themselves are pretty easy to install.