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Post Info TOPIC: Gas Pices


Guru

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Posts: 2549
Date: Apr 11, 2012
RE: Gas Pices
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Just wait until gas hits $5.00/gal. Every refinery will be thinking about improvements. Every driller will be drilling. And Utah's tar sands will become profitable. And the Keystone Pipeline people will have enough forward contracts to buyout every last landowner. 

Jobs will come back to USA because USA is energy rich. Transportation and energy costs in China will become prohibitive for everything except for their domestic consumption. 



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Guru

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Posts: 2549
Date: Apr 11, 2012
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Our sole refinery in the PNW (Anacortes) is down for 2 months due to fire and maintenance. Still no shortage of gas. Fuel oil is out-of-sight but nearly everyone has switched from resistent electric heat  and  fuel oil to natural gas and heat pumps. The Bonneville Power Administration has been very proactive in getting us off of relatively expensive power unto more efficient energy. Oregon has also been proactive in promoting home insulation in the form of state tax credits. You can now drive border-border in Oregon (350miles) and use only free electric charging stations. 

You betcha I am Green. I can't wait to get off Alaskan oil that is subsidized by the feds and pays Alaskan per capita dividends. 



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Guru

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Posts: 572
Date: Apr 11, 2012
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$4.10 yesterday for regular... wooooo!

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Guru

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Posts: 963
Date: Apr 11, 2012
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It's impossible for refiners to get approvals to build new plants due to the regulations.  Really. 

Hand, fact, whatever you want to call it ... it's what you really need to address, lp, and dwelling on the apparent lack of speed simply isn't doing it. 

Forget whatever name the California Coastal Commission or it's like might be operating under these days, lawsuits funded by the greenies will follow you wherever you go, not to mention it'll be a new one, one that isn't grandfathered in underneath all the EPA rules.

Listening to the liberals you'd think there simply isn't any way a bunch of rich white guys can't geometrically expand their inherited money but the truth is, building a brand new, state of the green art refinery, deep in the heart of the environmentally enlightened, simply isn't one of them.

I'm Texan, so letting 'em run out of gas in a snowbank is just fine with me, btw.



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Guru

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Posts: 1832
Date: Apr 10, 2012
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It's impossible for refiners to get approvals to build new plants due to the regulations.  Really.  

I live near one of the biggest oil refineries in the country and this is a big issue for them.  



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Guru

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Posts: 2549
Date: Apr 10, 2012
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SLS

I really doubt that refiners are not building refining capacity because of pollution controls. Doesn't seem to be any lack of gas or diesel. Its just more expensive because of geopolitics and geo-economics. 



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Date: Apr 10, 2012
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Anyone have any statistics on how many refineries there are in the US? 

How about how many NEW refineries have been built in the last 25 years?  

Answer:  Zero.  

Reason:  Clean Air Act rules have limited the construction of new refineries.  

 

 



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Guru

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Date: Apr 10, 2012
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As I said, there doesn't seem to be any hurry to build new refinery capacity. Since the rise in gasoline prices, has anyone increased their consumption of petroleum fuel or has decreased their gasoline consumption. USA seems to have plenty of refined products inventory, infact, on the high side of 5 year historical trends. 

http://money.cnn.com/2012/04/10/news/economy/refineries-gas-prices/index.htm?iid=Popular

BTW, would anyone like to live next to a new, improved version of a Nuclear Plant, a Refinery, a Coal burning electric plant? Remove the polution controls-laws-regulations and I am 100% positive, not one more plant will be built. 



-- Edited by longprime on Tuesday 10th of April 2012 04:54:02 PM

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Guru

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Posts: 2549
Date: Apr 10, 2012
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Perhaps Americans are giving money/taxes to the wrong places?

Its not the shortage of oil or the places to drill, but the ability and willingness to refine that oil into gas and diesel. http://money.cnn.com/2012/04/10/news/economy/refineries-gas-prices/index.htm?iid=Popular

 



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Guru

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Posts: 963
Date: Apr 10, 2012
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... the ability and willingness to refine that oil into gas and diesel at a profit

Progressives are usually pretty down on outsourcing of jobs but not when it comes to anything they consider even remotely dirty.

Add in the fact they can't attribute consequences correctly and their letting the EPA run amok makes perfect sense.



-- Edited by catahoula on Tuesday 10th of April 2012 01:41:52 PM

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