McCaskill's seeking reelection and Chuckie never saw a camera he didn't fall in love with.
My little 6 oz. of BLACK INK cost $45.00!
One wonders what the price of gasoline will be when
Progressives control “Big Oil”.
Just asking.
The U.S. has also loaned $2.84 billion for upgrades to an oil refinery in Cartagena, Columbia. Because the permitting regulations are so excessively onerous and radical environmentalists keep proposed projects tied up in litigation, there has not been a new major refinery built in the U.S. in 35 years, so increasingly we are forced to not only import crude oil, but refined gasoline, as well.
He(Obama) could remove Lisa Jackson at the EPA who has turned a "regulatory firehose" on the energy industry and U.S. business according to the Wall Street Journal. In just two years, Jackson has proposed or finalized 29 major regulations and 172 policy rules.
http://www.freerepublic.com/focus/f-news/2722605/posts
I want to know when Congress is going to investigate Big Gold for price fixing.
Genealogy Of Major U.S. Refiners
http://eia.doe.gov/emeu/finance/mergers/downstream.pdf
Production Capacity of Operable Petroleum Refineries by State and Individual Refinery as of January 1, 2010
http://eia.doe.gov/pub/oil_gas/petroleum/data_publications/refinery_capacity_data/current/table4.pdf
Why not examine the price fixing of 18.4 cents per gallon of federal taxes times the estimated 387 million gallons of gasoline sold per day here in the US = $71.208 million dollars to the US treasury per day for doing nothing!
this summer is going to be Marxist Show Trial Silly Season
The truth of the matter is that the paradigm for the American oil company is slowly evolving. Gone are the days of the vertically intergrated oil company (control of the product from the time the drill pipe goes into the ground until the gas is pumped into your tank). There are developing many niche oil producers and many specialized petroleum companies. Many are specializing in upstream activities (expolaration & production), others are specializing in midstream activitites (refining) and some are specializing in downstream activities (marketing and distribution. The old majors (Exxon/Mobil, BP, Shell, Chevron and Conoco) are increasingly chasing oil overseas and their revenues are reflecting that.
It will be harder and harder for the politicians to tie down the oil companies as they have in the past because fewer will control the product from cradle to grave. I’m waiting for the day that Congressional hearings include companies like Anadarko, Murphy Oil, Freeport McMoran...because most citizens don’t recognize those names.
Wonder how many government retirement funds own oil company stock?