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Gasoline may rise above $4 as plants [refineries] shut
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Posted on 12/31/2011 10:14:42 AM PST by Lorianne

see link in first post


TOPICS: Business/Economy
KEYWORDS: epa; gasoline; keystonepipeline; refineries
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To: Lorianne

It may!!! it’s been over $4 here in Hawaii for over a year. Right now it is $4.30 down 20cents from a few months ago. (Maui)


21 posted on 12/31/2011 11:08:03 AM PST by fish hawk
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To: mamelukesabre
. There is no such thing as “american” oil, “chinese” oil, etc...

I'd add a caveat to this... it does matter to the extent that a concentrated foreign supply of potential enemies allows the cabal of suppliers to wield unnecessary strategic/political clout over the consumer nation, ie: us. If our suppliers are more of the Ourselves/Canadian/Norwegian/Mexican flavor, any actions by our enemies, while still having an effect on world markets, will be somewhat mitigated, and removed from affecting us in any devastating way.

22 posted on 12/31/2011 11:10:16 AM PST by C210N (Dems: "We must tax you so that we can buy your votes")
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To: okie01
In other words, it's not a nefarious plot by the evil oil companies....

True.

It is, however a nefarious plot by the evil Marxists, unions and US Government.

23 posted on 12/31/2011 11:11:24 AM PST by Navy Patriot (Join the Democrats, it's not Fascism when WE do it. (plagiarized))
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To: Mike Darancette; All
"Imagine that coupled with the photograph of the PM of Canada shaking hinds with the Chicoms over their new "Pipeline to the Pacific" deal."


24 posted on 12/31/2011 11:16:41 AM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: MissMagnolia

Europe can get 60 mpg diesels which are not allowed in America. That at least makes the price of fuel bearable.


25 posted on 12/31/2011 11:30:40 AM PST by jonrick46 (Countdown to 11-06-2012)
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To: Lorianne

Saw this price prediction in the Houston Chronicle energy section over a month ago. Waiting for the conspiracy folks to speak


26 posted on 12/31/2011 11:34:12 AM PST by Figment
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To: gleeaikin

Is there any truth to the rumor that if the pipeline is built from Canada tar sands to Texas it is going to be shipped to China?

If Keystone is not built to the gulf coast, there is nowhere else but the west coast of Canada. From there it will go to China


27 posted on 12/31/2011 11:37:42 AM PST by Figment
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To: fish hawk

It may!!! it’s been over $4 here in Hawaii for over a year. Right now it is $4.30 down 20cents from a few months ago. (Maui)
That really makes it tough when you want to drive out of state


28 posted on 12/31/2011 11:42:28 AM PST by Figment
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To: Figment

Would you like to buy a timeshare on Kauai? I’ll make you a great deal. ;>)


29 posted on 12/31/2011 11:52:23 AM PST by Gator113 (~Just livin' life, my way~.. Newt/Palin-West-2012."got a lot swirling around in my head.")
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To: Anti-Bubba182

OBAMA: Thank you Bubba182, vote for me and I’ll allow the refineries to start up again.

I promise.


30 posted on 12/31/2011 12:22:12 PM PST by 353FMG
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To: Lorianne
Wait a minute. Earlier today there was a FR post stating that the US was exporting record amounts of gas and diesel to other countries.

Now we here about refineries shutting down and we could have a shortage of gas and diesel come spring/summer?

Bull$hit! I smell a major rat and it is not always Zero. I smell the oil companies and refineries trying to make even more huge profits and trying to blame the gov’t.

Now the gov’t does get some blame for the ridiculous amounts of gas formulas that are mandated, but I ain't buying the oil/refinery companies crying poor me.

Oil is a special commodity in my opinion that this country needs for its existence and this price manipulation needs to stop.

31 posted on 12/31/2011 12:33:15 PM PST by CapnJack
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To: Lorianne

all part of O’s economic Jihad on us..


32 posted on 12/31/2011 1:03:32 PM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: CapnJack

We are a net importer of oil.
We are a net exporter of gasoline.

Doesn’t make sense does it?


33 posted on 12/31/2011 1:10:44 PM PST by Lorianne
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To: ColdOne

Interesting
Thanks


34 posted on 12/31/2011 1:15:27 PM PST by Lorianne
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To: Lorianne

-——Doesn’t make sense does it?-——

Of course it makes sense.

We buy crude, add value and sell the gasoline. That’s what business do. Purchase raw materials, use expertise and a manufacturing plant to make something and then sell at a profit.

Profit makes the world go round


35 posted on 12/31/2011 1:16:35 PM PST by bert (K.E. N.P. +12 ..... Crucifixion is coming)
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To: ColdOne

Interesting
Thanks


36 posted on 12/31/2011 1:20:27 PM PST by Lorianne
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To: ColdOne

Interesting
Thanks


37 posted on 12/31/2011 1:20:37 PM PST by Lorianne
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To: Sacajaweau

All those weak sister Republicans who will not call Obama
a fabian socialist /communist owe us an apology for sugar coating this wild man’s commie obsessions.

Rush said Obama will take this country hard left as fast as possible before he’s stopped.Rush is not a prophet but he understands the subversive mindset of the communist.


38 posted on 12/31/2011 2:17:25 PM PST by ChiMark (chewed up his body for a decade)
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To: Anti-Bubba182

“$4 gas helped elect Obama $4 gas will defeat Obama.”

You’re right; even welfare queens have to gas up. High gas prices are probably the most visible sign of the inflation we’re “not experiencing”; I suspect more people buy gas than groceries (as that is often done by just one person per household).


39 posted on 12/31/2011 2:47:38 PM PST by kearnyirish2
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To: mamelukesabre
It is unimportant where the oil is used.

Oil isn't Amazon.com. Shipping ain't free.

40 posted on 12/31/2011 3:11:45 PM PST by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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