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Author Topic: Gas prices reaching record levels, as more refineries are scheduled to shutdown..... [Locked]
Ptilk  4 stars
Title: Creepy old pirate
Posts: 2,359
Registered: 2002-2-13 14:52:58
That's the oldest and most busted line of BS ever.

Hundreds of applications to expand existing refineries have been applied for, and granted, over the past 30 years. Only one, yes ONE, application for a new refinery was even submitted during that time...and it was granted.

The reason no new refineries are being built isn't because the EPA is blocking them, it's because no one is submitting them. The US has an over abundance of refining capacity. We are EXPORTING gas at this time, not because it's profitable (it is, but it's less profitable than producing for domestic consumption), but because we already produce more gasoline than people in the country can use.

US refining capacity used to be fairly spread out and there were dozens of different companies doing it. These days, due to monopolistic attempts by the biggest oil companies, just 5 refineries produce more than 60% of all gasoline, with the remaining amount produced by 12 (soon to be 11) smaller regional ones.

Refining oil into gas is extremely profitable. Refineries in the US made more than 200 billion in profits last year. Nothing would stop a company from getting in on that action.....if there was any action left to get into.

Thinking the EPA is somehow stopping refineries from being built is insane. The EPA is a toothless agency and wholly under the power of whatever corporate interest currently has it's sights set on it.
Rhodoman  4 stars
Posts: 1,397
Registered: 2001-6-14 21:02:19
jeune posted:

http://www.hyperionec.com/cms/siouxland-site/
http://www.arizonacleanfuels.com/refinery.htm

Apparently these are the first new refineries in over 30 years!

One pathetically small and the other trying to be blocked by the Seirra club in SD supreme court.

Lovely.

Rho

 

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Ptilk  4 stars
Title: Creepy old pirate
Posts: 2,359
Registered: 2002-2-13 14:52:58
And why is only one "pathetically small" refinery being built?

Oh yeah, because we already produce more gasoline than we can use.

But hey, stick with your clearly completely false talking points till hell freezes over if you want.
Kanga_Roo  2 stars
Posts: 439
Registered: 2002-2-26 12:58:17
I ride an e-bike. I get to work and back for less than 20 cents. Since I plug it in at work it is probably less than a dime to me. You can cry about oil prices or you can do something about it.

 

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Laws control the lesser man... Right conduct controls the greater one.
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