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Coffee Shop
Brace For A Big Jump At The Pump, Experts Say
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<blockquote data-quote="Campground Cattle" data-source="post: 73896" data-attributes="member: 195"><p>You ain't seen nothing yet. Thanks to the EPA there has not been a refinery built in the US since the early seventies. Demand is greater than production capacity. 12 million barrels a day refining capacity, with everything running, 12 million barrels a day demand. China has entered the 21st century putting a strain on oil supplies. Bright spot Russia has lots of oil just doesn't have the infrastructure to move it currently buiding pipelines to the Black Sea. </p><p></p><p>So here are the options park the vehicle to reduce demand build new refineries in the US (aint goin to happen) Nationalize the oil industry (aint goin to happen) Bust up the monoplies. We use to have ten major oil companies in the US we now have three with the loss of 40,000 American jobs. Thank you Bill Clinton. O fthe three major oil companies 2 are foriegn owned. Every time you pull up to Amoco, Arco, Castrol = BP Texaco = Shell, Fina is the French , Citgo is the Venezulians(sp)</p><p></p><p>Sorry for being so long winded.</p></blockquote><p></p>
[QUOTE="Campground Cattle, post: 73896, member: 195"] You ain't seen nothing yet. Thanks to the EPA there has not been a refinery built in the US since the early seventies. Demand is greater than production capacity. 12 million barrels a day refining capacity, with everything running, 12 million barrels a day demand. China has entered the 21st century putting a strain on oil supplies. Bright spot Russia has lots of oil just doesn't have the infrastructure to move it currently buiding pipelines to the Black Sea. So here are the options park the vehicle to reduce demand build new refineries in the US (aint goin to happen) Nationalize the oil industry (aint goin to happen) Bust up the monoplies. We use to have ten major oil companies in the US we now have three with the loss of 40,000 American jobs. Thank you Bill Clinton. O fthe three major oil companies 2 are foriegn owned. Every time you pull up to Amoco, Arco, Castrol = BP Texaco = Shell, Fina is the French , Citgo is the Venezulians(sp) Sorry for being so long winded. [/QUOTE]
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Brace For A Big Jump At The Pump, Experts Say
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