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#11
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#12
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"Dylan Smith" wrote in message
The Strategic Oil Reserve is crude oil. With 6 major refineries currently shut down due to Katrina, releasing that reserve doesn't really do much if the shortage is now in refining. There are refineries in operation. The SPR release is to help offset the dropping offline of nearly 25% of our domestic crude production (Gulf rigs). My understanding is much of the SPR crude is going to midwest refineries to keep them running. -- John T http://tknowlogy.com/TknoFlyer http://www.pocketgear.com/products_s...veloperid=4415 Reduce spam. Use Sender Policy Framework: http://spf.pobox.com ____________________ |
#13
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Listen up people, it is WAY past time for us to develop more of our
own oil reserves and build another refinery (at least). We are now seeing the absolute total folly of not building required infrastructure to support our current economic lifestyles. Personally, if I were in a position of responsibility and had failed so miserably at maintaining adequate facilities and preparing contingent operations I should FIRED.... perion, end of story. They can't maintain contingent operations, because they can't build new refineries -- period. Look at the environmental laws that restrict refineries. Look at the number of refineries built since those laws hit the books. It ain't a coincidence, and anyone who says that the "free market" is at work here just hasn't looked at the problem. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
#14
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"Jay Honeck" wrote in message news:QJtRe.320321$xm3.146714@attbi_s21... JH Better buy gas, too. The gougers and racketeers have already JH jumped to $3 per gallon in Des Moines, as of this morning. Snicker Uh, Jay, that would be free market entrepeneurs. Or have you suddenly gone righteous/socialist on us? Thousands of gas stations jacking gas prices nationwide, in lock-step with each other, because of a trumped up "disaster" (and in the face of the release of the Strategic Oil Reserve, which will totally off-set any effect of Katrina) is not "entrepreneurship" -- it's criminal. What do you think is in the SPR...gasoline? Mike MU-2 |
#15
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The price of refined fuel has gone up because of the laws of supply and
demand - there is extra demand as people try to hoard, and restricted supply because refineries are offline. It's just the free market you're so enthusiastic about operating in its normal manner. Anyone who thinks this is the "Free Market" at work clearly hasn't looked closely at the issues. Yes, in the very short term, prices shoot up when supply is diminished. However, between regulation and taxation, there is practically nothing "free" about the oil/gas market, from supply, through refining, to end-user sales. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
#16
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"John T" wrote in message ... "Dylan Smith" wrote in message The Strategic Oil Reserve is crude oil. With 6 major refineries currently shut down due to Katrina, releasing that reserve doesn't really do much if the shortage is now in refining. There are refineries in operation. The SPR release is to help offset the dropping offline of nearly 25% of our domestic crude production (Gulf rigs). My understanding is much of the SPR crude is going to midwest refineries to keep them running. -- John T http://tknowlogy.com/TknoFlyer http://www.pocketgear.com/products_s...veloperid=4415 Reduce spam. Use Sender Policy Framework: http://spf.pobox.com ____________________ There is more refining capacity offline that production capacity. Releasing crude from the SPR will do nothing. Mike MU-2 |
#17
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What do you think is in the SPR...gasoline?
No. Why? -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
#18
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"Jay Honeck" wrote in message news:XpERe.80402$084.49625@attbi_s22... Listen up people, it is WAY past time for us to develop more of our own oil reserves and build another refinery (at least). We are now seeing the absolute total folly of not building required infrastructure to support our current economic lifestyles. Personally, if I were in a position of responsibility and had failed so miserably at maintaining adequate facilities and preparing contingent operations I should FIRED.... perion, end of story. They can't maintain contingent operations, because they can't build new refineries -- period. Look at the environmental laws that restrict refineries. Look at the number of refineries built since those laws hit the books. It ain't a coincidence, and anyone who says that the "free market" is at work here just hasn't looked at the problem. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" What laws are you talking about? Mike MU-2 |
#19
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What good is supplying more crude to shut-down refineries going to do?
Mike MU-2 "Jay Honeck" wrote in message news:VvERe.80409$084.5932@attbi_s22... What do you think is in the SPR...gasoline? No. Why? -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
#20
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What good is supplying more crude to shut-down refineries going to do?
It's replacing the crude that is (temporarily, we hope) not coming in from the Gulf oil platforms that have been displaced or destroyed. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
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