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Tuesday, April 03, 2012

The day of $8.00/gal. gas is comming and the the working guy is going to take the beating

LINK TO STORY HERE
Topic requested...

posted by Bob at Tuesday, April 03, 2012

4 Comments:

Anonymous Anonymous said...

This comes from a retired oil executive who spent some 40 years in the industry.
Mass Exodus of 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 & COP 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 it's 2 oil refineries in July 2012 in Philadelphia and Marcus Hook, Pa. Those 2 facilities alone process over 500,000 barrels a day.
http://abclocal.go.com/wpvi/story?section=news/local&id=8343372

Also last year, ConocoPhillips announced 2 plant closings for sure in Trainer, PA and Bayway, NJ., the other 3 plants are undecided as of today.
http://stillwaterassociates.com/index.php?option=com_content&view=article&id=139:us-east-coast-refinery-for-sale-whos-buying&catid=40:white-papers&Itemid=155

Conoco also announced they were closing their Alaskan refining facility:

http://www.delcotimes.com/articles/2011/09/28/news/doc4e828f2ba723a246763254.txt

9:31 AM  
Anonymous story continued said...

Just a week ago, the US 3rd largest oil refinery owned and operated by The HESS Corp just announced it's permanent closure. Costing over 2,000 jobs, and affecting 950 contractors:
http://www.tucsonnewsnow.com/story/16543753/major-oil-refinery-to-close-in-us-virgin-islands

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 gov regulations, union demands and excessive operating costs brought on by the Gov 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.
http://www.reuters.com/article/2011/09/23/usa-oil-refinery-labor-idUSS1E78M0T620110923

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.
http://www.hellenicshippingnews.com/News.aspx?ElementId=37873cee-2b75-4aa0-86ac-5336e56a4c04
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.
We are building up every country on earth, while destroying our own....all in the name of redistribution of wealth.
I covered some of these "deals" Barry inked in my previous note:
https://www.facebook.com/profile.php?id=100003192895784&sk=notes#!/note.php?note_id=145148522268243

You do the math. When the US oil refineries finally close up shop, who will process all that oil....and how much do YOU think that oil will cost when it's ALL processed over seas?

Think gas and energy costs are high right now.......wait 6 months. You haven't seen anything yet.
How can anyone expect any company to do business with an anti-American, hostile gov out of control? You can't. That is why we are seeing a mass exodus, across the board in every industry in the US LEAVING.

9:31 AM  
Anonymous Anonymous said...

...all good issues... but the number one thing to remember is that nothing about where oil is makes any difference in this country about who is going to get it.

The INTERNATIONAL companies that drill for oil could give a good god damn about the United States of America or our ecconomy. So, every drop of oil that the suck out of the good old USA is sold on the open market to the highest bidder. Our oil goes to China and India because in a capitalistic society it isn't our oil its owned by the INTERNATIONAL oil company.

So, yes oil refinaries are closing here because there is more money in other places where the workers work for nothing and nobody complains about the spills.

Isn't free market capitalism wonderful... they dig up the oil from the US ship it oversea to be processed cheep and sold high.

Maybe its time to nationalize the oil fields???

JMONTOMEPPOF

Chuck Repke

12:59 PM  
Anonymous Anonymous said...

I don't know who wrote this post, but the attitude really does get to the bottom line of our problem in this country.

We have a public that is afraid to take on the wealthy and powerful and continues to elect a government that is in bed with the wealthy and powerful.

All we need to do kiddies is to decide that it is in the nations interest for the Federal Government to take control of every drop of oil and natural gas beneath the surface of the United States of American and the Oil Freeking crisis is over.

But the Big boys in the oil companies know that the GOP has you convinced that you aren't the government and that they have the right to own the government.

If they thought that behaving the way they do had the potential of having the rug pulled out from under them they would behave differently. But, they know that the GOP will continue to lead the charge that we in this country should work for the slave wages they do in China and live in poverty with no medical care and allow the wealthy and powerful to polute our air and water as well because they have the money.

Some day... some day... you too will have enough of it. And, you to will stand up to the GOP clowns that serve their billionaire Oil companies...

JMONTOMEPPOF

Chuck Repke

1:13 PM  

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