Student Drop-Out Rates...why?

"Larry Dighera wrote:
The windfall Profits Tax was enacted as law when OPEC raised oil
prices in 1979. If that policy made sense to lawmakers then, why
wouldn't it be valid now? Why should domestic oil producers reap
unearned millions in profits at the expense of the American people
just because OPEC wants to price gouge?*


It's not crude price increases which are causing the increase in oil
industry profits lately. It's world demand for refined product (we have
to import actual gasoline now, too), and limited refinery capacity in
this country -- a supply-demand problem. The gov't could easily cause
refineries to be built with changes in environmental regulations, so the
cause of the "windfall profits" is essentially -- our gov't! *Your
reference is to Rep. Dennis the Menace Kucinich, our hometown, nut-case
legislator here, and his proposed tax. He has no problem with taxing us
(the tax would be passed through to us!) and spending it on pork-barrel
stuff and in effect a tax subsidy to foreign auto producers.

Fred F.

It's not crude price increases which are causing the increase in oil
industry profits lately. It's world demand for refined product (we have
to import actual gasoline now, too), and limited refinery capacity in
this country -- a supply-demand problem. The gov't could easily cause
refineries to be built with changes in environmental regulations, so the
cause of the "windfall profits" is essentially -- our gov't!

Well said.

We are dangerously low on refinery capacity, and current EPA regulations
make it essentially impossible to build any more in the U.S.

It's insane, but it's the law.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

On Wed, 24 Aug 2005 21:34:49 GMT, "Jay Honeck"
wrote:

It's not crude price increases which are causing the increase in oil
industry profits lately. It's world demand for refined product (we have
to import actual gasoline now, too), and limited refinery capacity in
this country -- a supply-demand problem. The gov't could easily cause
refineries to be built with changes in environmental regulations, so the
cause of the "windfall profits" is essentially -- our gov't!

Well said.

We are dangerously low on refinery capacity, and current EPA regulations
make it essentially impossible to build any more in the U.S.

It's insane, but it's the law.

Nah. It's the Nimbys. Refineries lower property values. I like W's
suggestion to use old military bases for refineries. They're already
superfund sites.

Don
(Onizuka AFB's shutting according to this morning's news. Too small
for a refinery, though. I hope that eventually Moffet winds up as a
reliever and we can sneak in there when Palo Alto closes. We need to
keep Moffet operational for a few more years until the companies
around here start to need parking for their VLJs.).

On Wed, 24 Aug 2005 21:34:49 GMT, "Jay Honeck"
wrote in
ZJ5Pe.62754$084.27147@attbi_s22::


We are dangerously low on refinery capacity, and current EPA regulations
make it essentially impossible to build any more in the U.S.

It's insane, but it's the law.

So you wouldn't have any problem with a new refinery coming on-line up
wind of your abode?

"Larry Dighera" wrote in message
...
On Wed, 24 Aug 2005 21:34:49 GMT, "Jay Honeck"
wrote in
ZJ5Pe.62754$084.27147@attbi_s22::


We are dangerously low on refinery capacity, and current EPA regulations
make it essentially impossible to build any more in the U.S.

It's insane, but it's the law.

So you wouldn't have any problem with a new refinery coming on-line up
wind of your abode?


I wouldn't mind at all. As a matter of fact I'd welcome it. At this very
moment there is a very old refinery 1.13 miles (as the Skyhawk flies) away
from my house and I can't remember the last time I smelled anything from it.

Now, when I was growing up the place regularly put out an odor that would
curl your toes but over the last 20 years it has cleaned up nicely.

It's insane, but it's the law.

So you wouldn't have any problem with a new refinery coming on-line up
wind of your abode?


I wouldn't mind at all. As a matter of fact I'd welcome it. At this very
moment there is a very old refinery 1.13 miles (as the Skyhawk flies) away
from my house and I can't remember the last time I smelled anything from
it.

Now, when I was growing up the place regularly put out an odor that would
curl your toes but over the last 20 years it has cleaned up nicely.

Unfortunately, it's that "nice odor" (or lack thereof) that cost billions,
and has made it economically impossible for any oil company to build a new
refinery.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

Jay Honeck wrote:

Unfortunately, it's that "nice odor" (or lack thereof) that cost billions,
and has made it economically impossible for any oil company to build a new
refinery.

At some point, petroleum products will cost enough to make it economically
feasible again.

George Patterson
Give a person a fish and you feed him for a day; teach a person to
use the Internet and he won't bother you for weeks.

Unfortunately, it's that "nice odor" (or lack thereof) that cost billions,
and has made it economically impossible for any oil company to build a new
refinery.

.... and that's a Good Thing.

Jose
--
Quantum Mechanics is like this: God =does= play dice with the universe,
except there's no God, and there's no dice. And maybe there's no universe.
for Email, make the obvious change in the address.

Jose opined

Unfortunately, it's that "nice odor" (or lack thereof) that cost billions,
and has made it economically impossible for any oil company to build a new
refinery.

... and that's a Good Thing.

Nobody says that it is a bad thing... But it is an expensive thing .


-ash
Cthulhu in 2005!
Why wait for nature?

On 2005-08-26, Jay Honeck wrote:
Unfortunately, it's that "nice odor" (or lack thereof) that cost billions,
and has made it economically impossible for any oil company to build a new
refinery.

I'd rather pay a bit more money for my avgas than have to smell the
stink of refineries.

Even with current regulations, the air in the area of Houston I used to
live turned green some days. The DE that I did my instrument ride with
told me it used to be much worse - the premature deaths, rivers catching
on fire, no fish in the bay etc. when he used to live in nearby Beaumont
(another refinery town). The EPA regulations if anything need to be
stricter still.

In any case, it's not economically impossible to build a new refinery.

--
Dylan Smith, Castletown, Isle of Man
Flying: http://www.dylansmith.net
Frontier Elite Universe: http://www.alioth.net
"Maintain thine airspeed, lest the ground come up and smite thee"