Discussion in 'Energy' started by Mr. Shaman, May 17, 2011.
Refinery profit margins suffer when crude oil costs are high. It makes no sense to restrict throughput.
Claire McCaskill is an ignorant whore.
Obama gonna dip into the strategic oil reserve again?...
Crude oil rises as stockpiles drop
July 20, 2011 -- Crude oil prices rose Wednesday after the U.S. Energy Information Administration said stockpiles fell by 3.7 million barrels in the week ending July 15.
Sheesh, how we gonna have a recovery and growth if we do not pay more for stuff we already buy?
You can't get a goddamn restaurant table on a weekend. Folks aren't broke, they just got priorities screwed up.
Price at the pump is high because we want to penalize all energy companies.
The Hussein's energy policies are:
Oil drilling - try to ban it
Oil that does get drilled - tax it
Oil refining - don't build new refineries
Oil that does get refined into gasoline - tax it
Oil companies that provide gas to the country - tax em
And you libs wonder why gas costs so much.
Obama will tap into our oil reserves again --before he would ever create a real private sector job in the oil industry in this country.
I had to laugh--Obama was stating that there is more oil drilling going on in this country during his administration--but conveniently forgot to mention that all those permits to drill came out of the Bush admininstration--
It's because the stupid fucks inside the DC beltway enjoy attacking the oil producing countries.
Especially the third largest producer in the world.
Ok, are crude oil costs high? And the less they refine, the more profit margin they have, because they raise the price on the gasoline to compensate for PM losses while refining less product. Their shareholers are not going to take a hit in profits.
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