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$7.00 a gallon gas hits US

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  • #31
    got this email today
    Mass Exodus US Oil Refineries
    The Closure Of The U.S. Oil Refinery Industry In The Past 2 Years
    In 2010, there were 149 operable U.S. refineries with a combined capacity of 17.6 million barrels (2,800,000 m3) per day.
    Something odd started happening in late 2010-early 2011. The US oil refinery industry quietly announced the closure of
    numerous US oil refineries. Many are completely unaware the US ships oil overseas to be processed. We do so as we
    do not have enough refineries to process the vast amounts here, and we are barred from building anymore refineries.

    All refineries perform three basic steps: separation, conversion, and treatment. Pretty simple.
    Several reasons include technical and economic factors as to why we ship it overseas to be processed.
    1. The crude petroleum is sold to the highest bidder, NOT the nearest bidder
    2. There are different kinds of crude oil, such as sweet/light and dark/heavy. They have different applications and uses.
    3. Different kinds of refining processes are needed to make different products from the crude oil. Petroleum is processed
    to make lots of products other than gasoline, like plastics and asphalt.
    4. Politics, unions and the "environmentalists"
    How many of you are aware Sunoco, ConocoPhillips and The HESS Corp are all closing US oil refineries? Not many, as the
    media refuses to give this HUGE story coverage. My guess is that if Americans understood the complete truth to how we are
    being sold out, and enslaved there just might be the much needed revolution to turn this country around.

    Last September, both Sunoco & CP announced plant closing, effecting thousands of workers. Sunoco announced they are completely
    getting out of the oil industry. Closing up shop. They are done with the US oil industry.
    Sunoco is closing its 2 oil refineries in July 2012 in Philadelphia and Marcus Hook, Pa. Those 2 facilities alone process over 500,000
    barrels a day.

    Also announced last year, ConocoPhillips announced 2 plant closing for sure in Trainer, PA and Bayway, NJ., the other 3 plants are
    undecided as of today.

    Conoco also announced they were closing their Alaskan refining facility:

    Just a week ago, the US 3rd largest oil refinery owned and operated by The HESS Corp just announced its permanent closure.
    Costing over 2,000 jobs, and effecting 950 contractors:

    Refineries on the East Coast of the US supply 40% of the gasoline sales and 60% of the diesel and other fuel oils.
    Of that, HALF that comes from the Sunoco & ConocoPhillips plant closures.
    When ConocoPhillips announced that it was closing the Trainer refinery, Willie Chiang, then ConocoPhillips' Senior Vice President of Refining,
    Marketing, Transportation and Commercial, noted that their decision to sell, like Sunoco's, was based on unfavorable economics caused by a
    competitive and difficult market environment characterized by "...product imports, weakness in motor fuel demand, and costly regulatory requirements."
    They are ALL closing up shop due to government regulations, union demands and excessive operating costs brought on by the Government regulations.
    Then you have the unions, led by Barry's buddy Leo Gerard saying they will close ALL US oil refineries starting from the east coast to west coast today.

    The unions are shutting down ports, rail and air across the pond right now......the SAME EXACT thing they plan on doing here. When the ships stop
    importing, the rails & air stop delivering....how much is everything you consume going to cost? Remember...we are a CONSUMING country, no longer a producing one.

    The excessive and costly gov regulations on the US oil refinery market has forced companies to re-evaluate the cost of doing business in the US .
    Why have operations in the US where you bleed money via regulations & demands, when you can have refineries built in Columbia , Mexico or Brazil
    for pennies on the dollar, and less regulations?

    It's all business America ...nothing personal.
    Besides.....your gov is giving BILLIONS to Columbia and Brazil to build refineries to process all that oil the US is losing.
    first class white trash

    Comment


    • #32
      Originally posted by mikec View Post

      MY QUESTION is why is refining such an unprofitable venture now, when it is obviously needed so badly?

      EPA and an out of control government would be my guess. It's almost like they're intentionally ruining our country.
      Taxes and Govt Regulation have made it unprofitable. Speculators have driven prices up. Obama's moratoriums and complete rejection of drilling has influenced lawmakers, imposing more requirements on drilling.

      I read somewhere that Exxon makes something like $.04-.07 profit per gallon. Taxes are somewhere around $.75/gallon (state and fed combined). You tell me who is making all the money. That's exactly why Obama and Chu want European fuel prices. To take in more taxes.
      Originally posted by BradM
      But, just like condoms and women's rights, I don't believe in them.
      Originally posted by Leah
      In other news: Brent's meat melts in your mouth.

      Comment


      • #33
        i can't figure out why we're exporting gas???
        110:1 crawl ratio = slowest rig on here

        Comment


        • #34
          Originally posted by -Jake- View Post
          i can't figure out why we're exporting gas???
          Because other buyers are paying more than we will?

          Stevo
          Originally posted by SSMAN
          ...Welcome to the land of "Fuck it". No body cares, and if they do, no body cares.

          Comment


          • #35
            the highest I've ever paid for diesel was $5.25/gal in the summer of '07
            http://www.truthcontest.com/entries/...iversal-truth/

            Comment


            • #36
              Originally posted by stevo View Post
              Because other buyers are paying more than we will?

              Stevo
              so how is making more gas via the new pipelines and new drilling supposed to lower prices then?
              110:1 crawl ratio = slowest rig on here

              Comment


              • #37
                Originally posted by -Jake- View Post
                so how is making more gas via the new pipelines and new drilling supposed to lower prices then?
                Are you being sarcastic?

                Stevo
                Originally posted by SSMAN
                ...Welcome to the land of "Fuck it". No body cares, and if they do, no body cares.

                Comment


                • #38
                  LMAO, Catalina Island is like the size of Six Flags amusement park. It's a place where people to go spend the day and have lunch.

                  Comment


                  • #39
                    .

                    Comment


                    • #40
                      Originally posted by stevo View Post
                      Are you being sarcastic?

                      Stevo
                      no. if we're exporting it then we obviously have a surplus. so how does making more cure that?
                      110:1 crawl ratio = slowest rig on here

                      Comment


                      • #41
                        Originally posted by -Jake- View Post
                        no. if we're exporting it then we obviously have a surplus. so how does making more cure that?
                        Exportation doesn't mean there is a surplus...

                        Stevo
                        Originally posted by SSMAN
                        ...Welcome to the land of "Fuck it". No body cares, and if they do, no body cares.

                        Comment


                        • #42
                          Originally posted by stevo View Post
                          Exportation doesn't mean there is a surplus...

                          Stevo
                          so have you seen a gas station run out of gas in the last 5 years?
                          110:1 crawl ratio = slowest rig on here

                          Comment


                          • #43
                            Originally posted by -Jake- View Post
                            so have you seen a gas station run out of gas in the last 5 years?
                            Yeah, I have. Care to piece together all these random things you have posted into some sort of coherent idea or theory?

                            Stevo
                            Originally posted by SSMAN
                            ...Welcome to the land of "Fuck it". No body cares, and if they do, no body cares.

                            Comment


                            • #44
                              gas is high because of speculation not because of supply. would making more gas lower prices? I doubt it.
                              110:1 crawl ratio = slowest rig on here

                              Comment


                              • #45
                                Originally posted by -Jake- View Post
                                gas is high because of speculation not because of supply. would making more gas lower prices? I doubt it.
                                Yes, it's called supply and demand. When there is more gas out there than the demand can handle, prices drop.
                                I wear a Fez. Fez-es are cool

                                Comment

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