- Apr 10, 2013
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Nothing written in this thread is new. The US has had a glut of oil and gasoline for years, yet we still pay $2-$3 at the pump. Profiteering?
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Refineries are dangerous and stink up the place even when they are non-poisonous.
Refineries are dangerous and stink up the place even when they are non-poisonous.
Years of ignoring the infrastructure is causing all sorts of problems. No new refineries for decades. Pipelines unable to carry the flow. Land and rail transport inadequate.
All that oil means pipelines from the shale patch are full, so producers are paying more to transport oil on trucks and rail cars. Shortages of labor, water and even the fuel used in fracking are driving up production costs.
Smaller producers without contracts to use pipelines are getting hurt most because they are forced to use trucks and railcars. Shipping oil by truck to Gulf Coast refinery and export hubs costs $15 to $25 a barrel, compared to $8 to $12 a barrel by rail and less than $4 a barrel by pipeline, according to market sources.
The shift is leading to traffic jams on highways and rail crossings in far-flung parts of the Permian shale fields. It also means fuel for supply vehicles and fracking equipment can be in short supply locally.
“Truck traffic is unlike anything we’ve ever seen,” said James Walter, co-CEO of Colgate Energy, a Midland-Texas based oil producer, who adds his company has agreements to transport all of its crude and gas production via pipelines.
Much more @ Too much oil? Texas boom outpaces supply, transport networks - One America News Network
I was referring more to the construction of NEW infrastructure. Not the upkeep and sustainment of existing.BULLSHIT!Tree huggers and regulatory agencies tie infrastructure improvements (new pipelines, refineries) up in legislative and bureaucratic red tape.
Greedy oil companies have been shutting down refineries to keep the price up.
You may have heard that a big part of our problem is that American refineries have shut down and that this has created a shortage in the availability of gasoline. There is some truth to this— particularly in the northeastern part of the United States.
You probably have also heard that these refineries have been forced off-line because of stringent EPA regulations that have made it too difficult for the refineries to operate according to government rules and still earn a profit.
Nonsense.
Baloney..............Oil refineries shut down all the time to fix the place because it is old and needs repair..........And are always trying to expand it but at the old refineries.............You can't run 365 days a year without shutting it down for maintenance.....................The plants are old.......and need frequent repair..........BULLSHIT!Tree huggers and regulatory agencies tie infrastructure improvements (new pipelines, refineries) up in legislative and bureaucratic red tape.
Greedy oil companies have been shutting down refineries to keep the price up.
You may have heard that a big part of our problem is that American refineries have shut down and that this has created a shortage in the availability of gasoline. There is some truth to this— particularly in the northeastern part of the United States.
You probably have also heard that these refineries have been forced off-line because of stringent EPA regulations that have made it too difficult for the refineries to operate according to government rules and still earn a profit.
Nonsense.
He stopped the construction of two major and multiple smaller pipelines making it hard to get to full production.
Of all the things Obama did or did not do, good or bad, limiting oil production was not one of them.