/biz/ - Business & Finance

>>9941337
I'm not holding a hand here, even though I do believe in /smg/, I'm putting all the information I can reasonably believe to be true-ish and I'm waiting for somebody to add to my information so we can get a clearer picture or somebody tells me to fuck off.

I think I know what will happen, but my information is still lacking. There's always information to know about when it comes to any industry. Doesn't help when there's so much 'rotting' information, it's only good for so long before it's dead information.
I know for a fact that United States production is going up, and it will continue to go up as there's going to be a buyer that can profit by simply refining it and selling it back to the United States.
I don't know how fracking is adding to the United States production, though I've heard that due to enviromental and health concerns they've been refining the proppants (sand, aluminum oxide). I think. I know fracking is roughly 50% of U.S. oil production.
I'm trying to understand how badly the Chinese oil tariffs will be. There needs to be a buyer for U.S. sweet crude, and I don't know if there's another large refining base that we can trade to, or if the tariffs won't hurt as as badly as news makes it out to be.

Golden opportunities await for people that understand the process, but I only learn piecemeal day to day.
If I figure out with certainty I'll explain better. There's nobody here to really worry me at the moment.