aplusmnt
Well-known member
Frankie":3n3ynwa3 said:And shutting down refineries for summer maintenance sounds just like what they did during the electricity crises in CA several years ago. Later we found out they were manipulating the system to drive up prices. I think the same thing is happening in the oil industry. But since the Attorney General won't investigate, even though most state AGs have asked him to, we'll have to wait for an answer.
So now you admit that supply and demand is the reason for price increases? By saying they shut down refineries to increase prices shows you accept that it is supply and demand controlling the prices. Do they shut them down to push up prices? I do not know, maybe they do maybe they don't. Maybe the refineries are so out of date and old that they do break down on their own.
Business all over the world manipulate the supply side of their commodity to push prices to were they want them. I believe Cattlemen and Farmers do the same thing. Why is it unfair when oil companies do it? :roll:
Frankie":3n3ynwa3 said:Good for the EPA. Our our quality stinks in many places. When we lived in Denver, people with respiratory problems had to stay inside.
If you are happy with the EPA standards pushing up prices of gasoline for the sake of the environment. Then that is your prerogative and I can respect it even if I do not agree.
But do not be a Cry baby about the Price per gallon then! Most die hard Environmentalist believe the price of gas should be even higher so we will use less and protect us from Global Warming.
Seems you want your cake and eat it also! :roll:
Frankie":3n3ynwa3 said:I'll second that. In fact hearings are scheduled to look into oil company profits. At the very least, to "encourage" the oil companies to put some of their profits into new refineries here in the US. And, yes, there are places they can be built. If they're not willing to build them, then perhaps they'll lose some of their tax breaks.
Refineries being denied is a matter of public record, not to mention the tough regulations that the EPA has put on them. They can not expand on existing sites because then they would not meet EPA standards. And then if they are allowed to build new refineries they are limited in size because they would not be able to meet environmental regulations. And small refineries are unprofitable.
Then you have the years of red tape, the years to build them at the hope that they market will stay the same. Say they take 7 years to build a refinery then the Government says all gas has to be E85 or something else. They spend Billions of dollars at the risk that 7-10 years down the road the game will still be the same. That the market has not changed nor has the Government regulated them so much more and their current 10 year plan will not work.
Frankie":3n3ynwa3 said:Manure. Oil companies won't drill in ANWAR, even if Congress allows them to. They've said so. There's not enough oil there to make it worth their while. Now, if the US taxpayer pays for the infastructure, they'd be happy to reap the profits, but I don't think the American taxpayer is going to be receptive to a suggestion like that.
Prove this!
If the Oil companies will not drill in Alaska then why has republicans been fighting to for years to let them? Only to be blocked by the Dem's.
Plus you ignored my comment about offshore drilling? Do you not think the oil companies want to drill more offshore also? :roll:
Frankie":3n3ynwa3 said:Congress can correct all them problems. President can not do much about them.
Not if the President vetoes.
First they have to send him the Legislation then you can cry about him vetoing it.
Do you really see the president Vetoing legislation that allows more drilling in Alaska and Offshore, a national blend or less EPA regulations? :roll: :roll: (double roll for that one)
If he did it would be because they threw in maybe 20 BILLION dollars of Pork like they did with the War funding bill :roll: