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#1
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Secret Is Out
The reason for the high gas prices is... REFINING CAPACITY.
This comes from Pres. Bush's meeting with the Saudi crown prince. Its been all over the radio today, along with the root causes: Government environmental overregulation. Impossible permitting regulations. ....and all driven by our "friends", the enviro-wackos, who think its just peachy to saddle foreign countries with the burden of refining _our_ gas (and exposing _their_ populations to _even worse_ pollution because the foreign countries will have virtually no environmental impediments... is this a form of racism, maybe?) while exposing _us_ to the possibility of economic ruin due to high gas prices. Califoria doesn't build electric generating plants for a decade, they get incredibly high prices for electricity, and they learn from it. They are building electrical generating plants. We as a nation aren't building enough refining capacity. Not any, really. Are we going to learn from it? Or are we going to have another economic depression, all driven by environmental extremists more concerned with insects than people? Dave Head |
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#2
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> wrote in message
oups.com... > The reason for the high gas prices is... REFINING CAPACITY. Gee whiz, I've known that for as long as I've been driving. Well, after the prices went back above $1/gal anyhow. The tree-huggers will not let anyone build new refineries in the U.S. so we have no way to increase our capacity and must depend on other countries to refine. Well, tree huggers want expensive gas, but then they complain when the price of food, milk, or other goods goes up. Well duh! Higher energy prices means higher prices for anything that makes use of that energy along the way to your home. We have an excellent alternative to some of the greatest polluters, traditional coil and oil power plants (much worse than cars). Nuclear power. Of course the tree huggers won't allow that either. News flash, we can't go from where we are now to zero pollution, ever. We can reduce pollution and our dependence on fossil fuels, but it's a gradual process. The next logical step to reduce fossil fuel demand and consumption is to build more nuclear power plants. There are two issues at hand here.. Fossil fuel consumption and pollution. You can't have your cake and eat it too. Tree huggers complaining about how much gas cars use but then they complain about pollution and pass legislation on automobile emissions that necessitate emissions control measures that reduce mileage. Anyhow, I'm done with my mini-rant about tree-huggers, I don't feel like going on all night about this. Cory |
#3
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Refining capacity is only half the story. Most of the increase in the
cost is due to the increase in the price of oil. Alot of the increase in the price of oil is due to the worthless dollar- in short, few investors have faith in our economy anymore because we have so many debts, and we buy oil with dollars- so if the dollar is worth less you get less oil per dollar. There are a few areas that might benefit from more refineries (western states, a few southeastern states), but its not going to magically make the price of gas fall. |
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#5
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On 26 Apr 2005 13:20:32 -0700, , said the following in
rec.autos.driving... > We as a nation aren't building enough refining capacity. Not any, > really. Are we going to learn from it? Or are we going to have > another economic depression, all driven by environmental extremists > more concerned with insects than people? Not only the environmental people, but the NIMBY crowd also. Personally, I wouldn't mind a being neighbors with a refinery (hell, I've had a former toxiphene factory - currently producing other products - as one for most of my life). |
#6
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> wrote in message oups.com... > The reason for the high gas prices is... REFINING CAPACITY. > > This comes from Pres. Bush's meeting with the Saudi crown prince. Its > been all over the radio today, along with the root causes: > > Government environmental overregulation. > > Impossible permitting regulations. > > ...and all driven by our "friends", the enviro-wackos, who think its > just peachy to saddle foreign countries with the burden of refining > _our_ gas (and exposing _their_ populations to _even worse_ pollution > because the foreign countries will have virtually no environmental > impediments... is this a form of racism, maybe?) while exposing _us_ > to the possibility of economic ruin due to high gas prices. > > Califoria doesn't build electric generating plants for a decade, they > get incredibly high prices for electricity, and they learn from it. > They are building electrical generating plants. > > We as a nation aren't building enough refining capacity. Not any, > really. Are we going to learn from it? Or are we going to have > another economic depression, all driven by environmental extremists > more concerned with insects than people? > > Dave Head > Once again Dave here spouting the tripe broadcast on FAUXNews. Dave, wake up man. Crude oil supplies, particularly light sweet crude, are failing to meet demand. Hence, higher prices projected to go ever higher. Saudis upping production you say? Well, investigate. It turns out that they're increasing production of heavy sour crude. Not the good stuff. Their main oilfield, Ghawar is in decline. Water cuts of up to 40%. Not good. Is it in the Saudi's best interest to admit this publically? I think not. Refining capacity is part of the problem granted. The mainstream media in this country does everything it can to focus blame on strawmen so Amercian citizens won't realize that oil is a non-renewable resource that is running out. If they did, our entire economic system would require some serious re-adjustment. Read a book. Turn off the tube. Turn off the hatemongers on AM talk radio.Think for yourself instead of allowing yourself to be programmed by entities that stand to gain from the current pattern of unsustainable resource use and conspicuous consumption. If you believe infinite growth on a finite planet with finite resources, then you must be either completely insane or you must be an economist. Google Peak Oil. Prepare now. Those who deny the scientific facts of oil depletion are the ones who will fall the hardest. If we expect to come through the chronic energy shortages looming on the horizon, then we as Americans are going to have to take a serious look at our way of life. Perhaps do the unthinkable: conserve energy and eliminate waste! Now go ahead and call me an "America hating liberal" because that's what you're programmed to do. Foxnews definition of liberal: anyone who opposes the current administration and their fixation with unsustainable consumption, deficit spending, foreign aggression (Iran is next in line) and allowing an open border with Mexico. Rich gettin' richer, middle and lower class feeling the pinch. Educate yourself with many sources. Question the government. Speak your mind while you still can. Quotes from a couple of great Americans: "If a Nation expects to be ignorant and free, in a state of civilization, it expects what never was and never will be." Thomas Jefferson. "To announce that there must be no criticism of the president, or that we are to stand by the president, right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public." Teddy Roosevelt. |
#7
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In article >,
Magnulus > wrote: > Refining capacity is only half the story. Most of the increase in the >cost is due to the increase in the price of oil. Alot of the increase in >the price of oil is due to the worthless dollar- in short, few investors >have faith in our economy anymore because we have so many debts, and we buy >oil with dollars- so if the dollar is worth less you get less oil per >dollar. I see you know as much about finance as you do about automobiles. -- There's no such thing as a free lunch, but certain accounting practices can result in a fully-depreciated one. |
#8
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"Matthew Russotto" > wrote in message ... > I see you know as much about finance as you do about automobiles. Please explain how the declining dollar is not contributing to high oil prices? Refining capacity is only a big problem in a few areas (such as the west coast)- it's not a problem nation wide, and it won't be a magic cure when most of the increase in gasoline and fuel prices are due to increases in the price of oil. |
#9
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In article >,
Magnulus > wrote: > >"Matthew Russotto" > wrote in message ... >> I see you know as much about finance as you do about automobiles. > > Please explain how the declining dollar is not contributing to high oil >prices? For the same reason the declining dollar doesn't contribute to high milk prices. -- There's no such thing as a free lunch, but certain accounting practices can result in a fully-depreciated one. |
#10
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Matthew Russotto wrote:
> In article >, > Magnulus > wrote: > >>"Matthew Russotto" > wrote in message ... >> >>>I see you know as much about finance as you do about automobiles. >> >> Please explain how the declining dollar is not contributing to high oil >>prices? > > > For the same reason the declining dollar doesn't contribute to high > milk prices. No. Oil is imported, milk is not. |
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