"Refinery constraints"? ROFLMAO!!!!

[Dr.Destructo]

Gas prices expected to jump this summer on refinery constraints

Gas prices are expected to rise this summer amid higher refining costs and capacity constraints.

www.aol.com

"Refinery contraints"........let me translate this for you.

Democrats are not only pscyhotically deranged liars and scam artists, they are HOARDERS!!!!

When Dems start jacking prices up on oil and gas, that means the government warehouse facilities are all FULL and cannot hold anymore......so they start selling it to OTHER countries....and WHO pays for them to be selling OUR oil and gas to our enemies? WE DO.

This is exactly what happened in the 1970's during the "gas crisis"!!! They were hoarding all the gas and selling all the overage to our enemies!!!

 

[Crepitus]

Gas prices expected to jump this summer on refinery constraints

Gas prices are expected to rise this summer amid higher refining costs and capacity constraints.

www.aol.com

"Refinery contraints"........let me translate this for you.

Democrats are not only pscyhotically deranged liars and scam artists, they are HOARDERS!!!!

When Dems start jacking prices up on oil and gas, that means the government warehouse facilities are all FULL and cannot hold anymore......so they start selling it to OTHER countries....and WHO pays for them to be selling OUR oil and gas to our enemies? WE DO.

This is exactly what happened in the 1970's during the "gas crisis"!!! They were hoarding all the gas and selling all the overage to our enemies!!!

Dude, don't be stupider than you have to be.

We have a definite and real shortage of refinery capacity. Have for years.

US refinery capacity is too low - Google Search

 

[elektra]

Dude, don't be stupider than you have to be.

We have a definite and real shortage of refinery capacity. Have for years.

US refinery capacity is too low - Google Search

Creepitus, the pot calling the kettle black. Nobody is more stupid than creepitus

Right now the USA produces more finished fuels than we consume. Yes, more refineries would be nice. Yet we are the number one producer of fuel and crude oil products in the world.

Creepitus not knowing anything of Energy, fails to do a proper search.

A proper search would be to search the term, "refinery utilization"

 

[HikerGuy83]

You had several good sized refineries shut down during COVID that were converted to RDU's.

That only further tightened our refining capability.

Nobody is going to build a new refinery. The EPA will not let them. Most states would not let them.

 

[Dr.Destructo]

Dude, don't be stupider than you have to be.

We have a definite and real shortage of refinery capacity. Have for years.

US refinery capacity is too low - Google Search

Don't be a brainwashed douchebag more than you have to be.

 

[Crepitus]

Don't be a brainwashed douchebag more than you have to be.

I ain't arguing I can be a douchebag at times, kid. But brainwashed is a republican thing.

Sorry for your luck.

 

[Dr.Destructo]

I ain't arguing I can be a douchebag at times, kid. But brainwashed is a republican thing.

Sorry for your luck.

Well, I'm not Pedocrat or Resmuglican.

If anybody has bad luck, its you.

 

[surada]

Gas prices expected to jump this summer on refinery constraints

Gas prices are expected to rise this summer amid higher refining costs and capacity constraints.

www.aol.com

"Refinery contraints"........let me translate this for you.

Democrats are not only pscyhotically deranged liars and scam artists, they are HOARDERS!!!!

When Dems start jacking prices up on oil and gas, that means the government warehouse facilities are all FULL and cannot hold anymore......so they start selling it to OTHER countries....and WHO pays for them to be selling OUR oil and gas to our enemies? WE DO.

This is exactly what happened in the 1970's during the "gas crisis"!!! They were hoarding all the gas and selling all the overage to our enemies!!!

You don't have any oil.

 

[Moonglow]

Gas prices expected to jump this summer on refinery constraints

Gas prices are expected to rise this summer amid higher refining costs and capacity constraints.

www.aol.com

"Refinery contraints"........let me translate this for you.

Democrats are not only pscyhotically deranged liars and scam artists, they are HOARDERS!!!!

When Dems start jacking prices up on oil and gas, that means the government warehouse facilities are all FULL and cannot hold anymore......so they start selling it to OTHER countries....and WHO pays for them to be selling OUR oil and gas to our enemies? WE DO.

This is exactly what happened in the 1970's during the "gas crisis"!!! They were hoarding all the gas and selling all the overage to our enemies!!!

Shows us where Dems raised prices on oil and gas.

 

[surada]

Refinery capacity increased slightly for the first time since the COVID-19 pandemic - U.S. Energy Information Administration (EIA)

www.eia.gov

 

[surada]

Shows us where Dems raised prices on oil and gas.

8 refineries shuttered during COVID. It's a boom and bust proposition.

 

[Moonglow]

8 refineries shuttered during COVID. It's a boom and bust proposition.

They think nothing was altered when Trump was president.

 

[surada]

They think nothing was altered when Trump was president.

Trump is a gasbag. He doesn't know anything about the oil business either.

 

[initforme]

The op can blame the govt. I have zero good to say about big oil.

 

[surada]

They think nothing was altered when Trump was president.

Over 200 US oil companies declared bankruptcy in 2020.

 

[DudleySmith]

Dude, don't be stupider than you have to be.

We have a definite and real shortage of refinery capacity. Have for years.

US refinery capacity is too low - Google Search

They don't build more refineries because keeping capacity low generates a much higher return on current capacity plus it's more cash to stockholders. Stockholders are demanding higher dividends and less spending on expansion. Only morons believe Presidents tell oil companies what to do. Same with drilling or anything else they do.

 

[DudleySmith]

Nobody is going to build a new refinery. The EPA will not let them. Most states would not let them.

Big Oil doesn't want them. They don't compete with each other, never have, outside of bids on new production and new fields. Even Valero has been downsized and closing stations here in Texas.

 

[HikerGuy83]

Big Oil doesn't want them. They don't compete with each other, never have, outside of bids on new production and new fields. Even Valero has been downsized and closing stations here in Texas.

Exxon just announced the start up of a huge crude colunm in Texas.

It is much easier to permit expansions than it is to permit something new.

 

[DudleySmith]

Exxon just announced the start up of a huge crude colunm in Texas.

It is much easier to permit expansions than it is to permit something new.

Exxon is one of the biggies, and it s they who pay pols to throw obstacles in the way of indies.


U.S. stockpiles of diesel and gasoline are near five-year lows, and profit margins for producing motor fuels in the U.S. Gulf Coast region are near record levels.

Refiners are earning about $35.40 per barrel using the industry's crack spread <CL321-1+R>, a profit measure which compares the cost of crude oil to sale prices for gasoline and diesel, according to Refinitiv.
"Right now, margins are sensational," said Garfield Miller, president of refining investment banker Aegis Energy Advisers Corp. "These margins tell you that as far as the U.S. Gulf Coast is concerned, there is plenty of demand relative to supply."

https://www.reuters.com/business/energy/exxon-prepares-start-up-12-bln-texas-oil-refinery-expansion-sources-2023-01-13/

Compare it's added capacity to the capacity that shut down as independents got shut down. Then as the margins fall, stuff magically starts braking down at the worst times. When I lived in the Bay area the big refinery there broke down right at peak summer driving season started both years I lived there. lol


They bought out indie drillers recently.

ExxonMobil completes acquisition of Pioneer Natural Resources | ExxonMobil

Learn more about ExxonMobil’s acquisition of Pioneer Natural Resources and how this merger accelerates net zero goals in the Permian Basin.

corporate.exxonmobil.com

One less independent, a major one, to compete with. Helps keep those prices high.

Biden never killed off drilling, it kept going on private leases, and in fact boomed. Just look up drilling starts by year since 2008. Ignore the propaganda put out partisans and corporate shills.

 

[HikerGuy83]

Exxon is one of the biggies, and it s they who pay pols to throw obstacles in the way of indies.


U.S. stockpiles of diesel and gasoline are near five-year lows, and profit margins for producing motor fuels in the U.S. Gulf Coast region are near record levels.

Refiners are earning about $35.40 per barrel using the industry's crack spread <CL321-1+R>, a profit measure which compares the cost of crude oil to sale prices for gasoline and diesel, according to Refinitiv.
"Right now, margins are sensational," said Garfield Miller, president of refining investment banker Aegis Energy Advisers Corp. "These margins tell you that as far as the U.S. Gulf Coast is concerned, there is plenty of demand relative to supply."

https://www.reuters.com/business/energy/exxon-prepares-start-up-12-bln-texas-oil-refinery-expansion-sources-2023-01-13/

Compare it's added capacity to the capacity that shut down as independents got shut down. Then as the margins fall, stuff magically starts braking down at the worst times. When I lived in the Bay area the big refinery there broke down right at peak summer driving season started both year I lived there. lol

There were some independents shut down, but the majors shut some down too.

The thought is that renewables is going to reduce demand. It's always a last-man-standing game.

I suspect Exxon is exporting a lot of it's produciton.