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| Subject: Re: But you said "You lefties and your allies won't let them build any!!!!!" http://www.voy.com/60108/19824.html | |
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Author: Oropan |
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Date Posted: 11:21:31 04/12/07 Thu In reply to: Mo' Green 's message, "But you said "You lefties and your allies won't let them build any!!!!!" http://www.voy.com/60108/19824.html" on 10:40:37 04/12/07 Thu Quite some time ago I posted a study of why there are less refineries today than 30 years ago. The bottom line of the study was that many small refineries were shut down because they were old and couldn't meeet new EPA guidelines to modernize. As far as I can find there is only one new refinery that has got anywhere in an attempt to get built and that one is in, of all places, Arizona and has been in the permitting process for ten years and still has a long way to go. Anything like a mine, powerplant, LNG port, refinery and many other projects face massive expensive and endless hurdles in the US. That is the main reason mining has totally left the US, we have no new refineries proposed, few new no carbon nuke plants on the drawing boards and a looming natural gas shortage coming. Oh yes, you can add to that the huge loss of high paying jobs to overseas. Money, yes it takes money to do all these things that people need and want, always goes where it's treated best and no politician of any party can change that rule of the universe. Of course if you don't like that fact and want to live different, you can always move to Cuba. They are trying to fight this law of the universe there. >So were you lying then or just igorant? > >BTW, none of your examples below are from oligopolies >like oil that are subject to anti-trust >considerations. So to answer your question; No it's >not like any of those situations. > > >>Is that kinda like farmers holding corn off the market >>to raise the price? Or union members striking to raise >>their pay? Or workers working slowly to get overtime >>pay? Or naked short selling of a stock to drive it's >>price down? Or political operatives spreading lies >>about their oppoents to scare votes away from them? Or >>only making so many of a popular toy at Christmas time >>to inflate it's price? And so on and so forth! >> >> >> >> >> >>>to drive up prices. Read the documents. >>> >>>BTW, I made no claim whatsoever "there was no lower >>>supply of gasoline". So you're lying again. I >>>thought you were supposed to be setting us straight. >>> >>>>You and especially bev claimed that there was no >>lower >>>>supply of gasoline and the price was only going up >>due >>>>to some nafarious actions of oil companies. >>>>My post debunked that nonsense thinking. >>>> >>>> >>>> >>>> >>>> >>>> >>>> >>>> >>>> >>>>>>"While the Fed minutes were bad enough news for >the >>>>>>market, they followed the government's report of a >>>>5.5 >>>>>>million-barrel decline in the nation's gasoline >>>>>>inventories—four times what the market expected, >>and >>>>>>the ninth straight weekly drop. Gasoline futures >>>rose >>>>>>more than 3 cents to $2.1552 a gallon on the New >>>York >>>>>>Mercantile Exchange after the report, with traders >>>>>>concerned about supplies ahead of the peak driving >>>>>>season. >>>>>> >>>>>>The average U.S. retail price of a gallon of >>>gasoline >>>>>>was $2.795 on Wednesday, according to AAA, up more >>>>>>than 25 cents from a month ago and 10 cents higher >>>>>>than a year ago." >>>>>> >>>>>>href="http://www.breitbart.com/article.php?id=D8OE >I >>G >>>M >>>>G >>>>>2 >>>>>>&show_article=1">http://www.breitbart.com/article. >p >>h >>>p >>>>? >>>>>i >>>>>>d=D8OEIGMG2&show_article=1 >>>>>> >>>>>> >>>>>> >>>>>> >>>>>> >>>>>> >>>>>> >>>>>> >>>>>> >>>>>>> >>>>>>>href="http://www.oilwatchdog.org/articles/?storyI >d >>= >>>4 >>>>0 >>>>>1 >>>>>>8 >>>>>>>&topicId=8055&topicId=8070">http://www.oilwatchdo >g >>. >>>o >>>>r >>>>>g >>>>>>/ >>>>>>>articles/?storyId=4018&topicId=8055&topicId=8070< >/ >>a >>>> >>>>>>> >>>>>>>Three internal memos from Mobil, Chevron, and >>>Texaco >>>>>>>show different ways the oil giants closed down >>>>>>>refining capacity and drove independent refiners >>>out >>>>>>>of business since the mid 1990s. The confidential >>>>>>>memos, made public by US Senator Ron Wyden, >>>>>>>demonstrate a nationwide effort by American >>>>Petroleum >>>>>>>Institute, the lobbying and research arm of the >>oil >>>>>>>industry, to encourage the major refiners to >close >>>>>>>their refineries in the mid-1990s in order to >>raise >>>>>>>the price at the pump. Here's the original news >>>>>>>release. Memos themselves below. [ Next Thread | Previous Thread | Next Message | Previous Message ] |