Posted on 02/26/2008 4:30:47 PM PST by reaganator
Gasoline is $3.19 here in Ohio today. Is anyone fighting to lower the over reaching, restrictions on production. Is there any hope for the abilty to manufacture gasoline to dramatcally increase in the near future?
If the answer is nothing, what then?
Ask Congress?
There are no shortages of oil or gasoline. No more needs to be produced than is being produced.
The answer IS nothing, as long as the Dhimmicrats and enviro-wackos control things. No new refineries have been built for decades, and we aren’t allowed to access our own national SIGNIFICANT reserves.
Reserves of gasoline?
burning fossil fuel aint cool....reconstruct that to it is cool,...then the problem is solved.
The high cost has nothing to do with supply and demand?
What is being done to increase the manufacture of gasoline?Why would they want to do that? They're enjoying record profits for not lifting a finger or spending a dime. If they increase production it would lower the price, that is if gasoline/oil was truly a free market.
All they have to do is say there's a waste basket fire at the refinery and the price shoots up before the reporter finishes his report.
Elections have consequences.
No. There is not a situation of supply and demand. The supply is 100% and any more there would be no place to store it.
okay, .09 to .10 profit margin on every dollar. If your product is selling at record high proces you push all you can manufacture out onto the market.
Seems to me that the gas spiked immediately following the refinery explosion in Texas last week. That coupled with the fact that Iran is spewing it’s rhetoric following the IAEA’s report. And then there’s the increased tension following assassination of hezbollah’s number two guy.
You should know by now that stuff like I listed above affects oil futures.
Oil companies don’t make their money off gasoline refining.
We simply need more refining capacity.
really? They are just storing gasoline?
1. The 148 boutique blends of fuel mandated by state and local authorities was reduced to two -- a winter and a summer blend?
2. If it was not necessary to blend ethanol into the fuel as an oxygenator? It is more expensive than gasoline, more difficult to handle within the distribution system (you can't put it in a pipeline), reduces mpg and doesn't accomplish it's original purpose of cleaner burning. Note that, at the same time, this would make corn and all foodstuffs cheaper, as well.
3. If overdrawn environmental laws didn't keep the industry from drilling in other sites known to contain oil (ANWR, off the coasts) and, at the same time, make it impossible to build new refineries -- so that we have to import finished product?
You're bitching about the price of gasoline? Bitch at the people who made it expensive in the first place. Our legislators and the environmental lobby.
They're the ones to blame.
The major petroleum companies are purchasing refined products for various foreign countries. If you need a couple of million barrels just let me know.
for=from
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