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Thread: Oil Refineries

  1. #1
    Senior Member Gerry Clinchy's Avatar
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    Default Oil Refineries

    http://www.nytimes.com/2009/12/24/bu...html?th&emc=th
    NY Times

    Interesting ... conservation measures & recession have contributed to decrease in gasoline usage; which is resulting in closing more oil refineries; which is believed will result in our importing more gasoline from refineries that can do the refining more cheaply.

    Uh ... I thought the idea of all this conservation & alternative fuels was to make the US more independent of importing fuels?

    Is this yet another instance where beaurocratic geniuses failed to anticipate the consequences of their "plan"?
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    Senior Member dnf777's Avatar
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    Quote Originally Posted by Gerry Clinchy View Post
    http://www.nytimes.com/2009/12/24/bu...html?th&emc=th
    NY Times

    Is this yet another instance where beaurocratic geniuses failed to anticipate the consequences of their "plan"?
    Oh no! Say it ain't so!

    Ever since I read a book on chaos mathematic theory, I realize that large scale economies are chaotic. In retrospect, you can often see order within that chaos, but trying to prospectively predict consequences of our actions is uttery impossible!

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    Senior Member YardleyLabs's Avatar
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    From an environmental perspective, it is highly desirable to see reductions in consumption of both refined gasoline and unrefined oil. As that happens, prices and profits will drop and the most expensive sources will be abandoned in the short term. Obviously those receiving their profits largely through high consumption will lose as part of this process. Those selling alternative fuels and those hoping for the future of our grandchildren and great grandchildren will gain. What is unanticipated or undesirable about that?

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    Senior Member K G's Avatar
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    Quote Originally Posted by YardleyLabs View Post
    From an environmental perspective, it is highly desirable to see reductions in consumption of both refined gasoline and unrefined oil. As that happens, prices and profits will drop and the most expensive sources will be abandoned in the short term. Obviously those receiving their profits largely through high consumption will lose as part of this process. Those selling alternative fuels and those hoping for the future of our grandchildren and great grandchildren will gain. What is unanticipated or undesirable about that?
    That it is short-term, Jeff.

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    Senior Member YardleyLabs's Avatar
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    Quote Originally Posted by K G View Post
    That it is short-term, Jeff.

    Those who forget the past are condemned to relive it regards,

    kg
    Keith,

    Not sure I understand your point.

    Are you saying that the reduction in consumption is short term (as I suspect) or that the decommissioning of some refineries is short term (which I also suspect)? The more expensive refineries and oil fields are not worth exploiting if prices fall below break even levels. If/when prices rise again, they will be brought back into production. Are you suggesting that declines in consumption are harmful for some reason?

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    Senior Member road kill's Avatar
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    Quote Originally Posted by YardleyLabs View Post
    Keith,

    Not sure I understand your point.

    Are you saying that the reduction in consumption is short term (as I suspect) or that the decommissioning of some refineries is short term (which I also suspect)? The more expensive refineries and oil fields are not worth exploiting if prices fall below break even levels. If/when prices rise again, they will be brought back into production. Are you suggesting that declines in consumption are harmful for some reason?
    Declines in American JOBS are harmful to America.
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    Senior Member YardleyLabs's Avatar
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    Quote Originally Posted by road kill View Post
    Declines in American JOBS are harmful to America.
    You don't think that alternative energy sources produce jobs?

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    Senior Member Uncle Bill's Avatar
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    Quote Originally Posted by YardleyLabs View Post
    You don't think that alternative energy sources produce jobs?

    Always encouraging to see that "hope & change" working for some of you leftist loonies.

    How many jobs has that "industry" produced? As the EPL of this BB, I'm sure you have those figures on the tip of your tongue, or did that accidently get cut off while falling on the sword for your messiah?

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    Senior Member Gun_Dog2002's Avatar
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    Quote Originally Posted by YardleyLabs View Post
    You don't think that alternative energy sources produce jobs?
    Not in America.

    /paul
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    Senior Member YardleyLabs's Avatar
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    Quote Originally Posted by Gun_Dog2002 View Post
    Not in America.

    /paul
    Actually, it seems to me to be the other way around. Oil production and refining currently produce more jobs in other countries than in the US. Wind power, solar power, geothermal, etc., and the costs of extending and modernizing the power grid to support energy transmission around the country would primarily generate jobs in the US.

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