Great Post!!
http://story.news.yahoo.com/news?tmpl=story&cid=580&ncid=580&e=7&u=/nm/20040426/bs_nm/energy_saudi_refineries_dc
Mon Apr 26, 5:49 PM ET
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NEW YORK (Reuters) - Saudi oil minister Ali al-Naimi said on Monday that Saudi Arabia plans to build two 500,000 barrel-per-day (bpd) refineries in the United States as soon as the kingdom is given permission to do so.
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Al-Naimi said that Saudi Arabia is committed to alleviating the bottleneck in U.S. refinery capacity and has offered to help by building the two refineries. Al-Naimi disclosed the Saudi plan in a U.S.-Saudi business conference in New York but did not provide details.
Al-Naimi also said Saudi Arabia has two world class phosphate and bauxite deposits which it hopes to develop and it will be soliciting bids for their development.
Texaco was one of a long list of Fortune 500 Corporations that filed briefs in favor of "affirmative action" for Michigan University. Tell me how this action was conservative, and I will stick to this point. It was not conservative.
And there's an interesting story behind the following link.
Pumped-up profits for oil refiners
http://www.signonsandiego.com/news/business/20040429-9999-1b29gas.html
It's typical of Democrats to start another inflationary trend during our President's re-election campaign.
Great analysis of comparison profits. I'm in California, so I know that at least 22 cents of every gallon goes to the state. And our sales tax is over 8%.
Welcome to FreeRepublic, Sixcar!
Big bump for the truth Sixcar!
BTTT!
You must work for an oil company or subsidiary like a refinery. Anyway, see an excerpt post below. Also, I posted an article about 3 weeks ago relating to ChevronTexaco's 1st quarter profits going into the "stratosphere" since the previous two years (2001 & 2002) the oil company's profits were lagging and investors weren't happy. Now the American Petroleum Institute say "poor little oil companies" aren't to blame but oddly, the oil companies are laughing themselves all the way to the bank at the expense of the consumer.
Consumer Group: Gas Companies' Profits Spike with Pump Prices, Profits Increased 926% in 2003
releases.usnewswire.com ^
Posted on 04/20/2004 6:23:28 AM PDT by chance33_98
Consumer Group: Gas Companies' Profits Spike with Pump Prices, Profits Increased 926 Percent in 2003 Based on Price Gouging
4/20/2004 9:00:00 AM
To: National and State Desk
Contact: Jamie Court, 310-392-0522, ext. 327; Tim Hamilton, 360-495-4941, both of the Foundation for Taxpayer and Consumer Rights; Web: http://www.consumerwatchdog.org
SANTA MONICA, Calif., April 20 /U.S. Newswire/ -- A comparison of oil company profit reports and gasoline prices during the last two years shows that California's top five oil companies have seen their profits rise in direct correlation to hikes in the price at the pump, according to an analysis of government records released today by the Santa Monica-based Foundation for Taxpayer and Consumer Rights (FTCR).
In 2002, an average 21 percent increase in pump prices resulted
AWESOME!
Here's something to consider. Let's just say that all Christians in the USA moved to one state. How would general elections go in the other states after that, and thus, general elections in general?
And then what would the other states do to the rights of the state they moved to?
...oops, wrong thread, sorry.
No new refineries in 28 years? Niiice.
Visit www.energy.gov and see what you can find our from Spence Abraham.
(hint, you'll find squat)