You have a good point, most of the people who are the most wasteful when it comes to gas are the ones who aren't as bothered by the prices. Still though, if we start getting gas lines and $6 per gallon prices, the asshole waiting in line with his giant SUV is going to get some dirty looks at the very least. Of course I doubt most of those people would be bothered by it in any case.
You have a good point, most of the people who are the most wasteful when it comes to gas are the ones who aren't as bothered by the prices. Still though, if we start getting gas lines and $6 per gallon prices, the asshole waiting in line with his giant SUV is going to get some dirty looks at the very least. Of course I doubt most of those people would be bothered by it in any case.
Engineer
Elite Member
- Oct 9, 1999
- 39,230
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While I tend to agree (to a point), the problem is that such a sudden jolt could cause a ripple in the economy. If economic conditions turn to recession, people could start losing their jobs compounding the matter. It's not just about gas, it's about the whole economy. A steady "slow" rise would be as effective, IMO, and allow those who really need the money to try to adjust theirselves for the shock.
My 2 cents!
Just heard on the radio that valero(now the largest refiner in the US) will be able to meet contractual obligations for producing gas. They also stated that they would not raising the price at their outlets(shamrock/valero stations). They anticipate their gas will be 40-50/cents cheaper than other outlets.
Sounds like they are optimistic about getting their resources back on line.
Sounds like they are optimistic about getting their resources back on line.
Originally posted by: Engineer
While I tend to agree (to a point), the problem is that such a sudden jolt could cause a ripple in the economy. If economic conditions turn to recession, people could start losing their jobs compounding the matter. It's not just about gas, it's about the whole economy. A steady "slow" rise would be as effective, IMO, and allow those who really need the money to try to adjust theirselves for the shock.
My 2 cents!
Ah, but that's just the point. Since I've started driving and paying attention to gas prices (a little over 7 years ago), gas is getting close to 3x the price. I can't think of another item that's gone up like that in the same amount of time, yet nobody really seems to have noticed. It's because of that "adjusting" as you put it that we haven't really felt the impact of the rise. Intellectually we SHOULD have noticed, but sometimes it really takes a punch in the gut for a society to notice a problem.
While I don't want an economic recession any more than anyone else, I also realize that it's something like that that will really make us wake up and realize how dependent we are on oil. Hopefully it would also show us that this is a weakness we dont have to be stuck with, and better we realize it now because of an artificial, temporary situation, than years in the future when the situation may be much less temporary.
All out of gas at the station here now. They said there is no tankers to send.
I am stranded at the owner of a Gas Station's house. Very ironic.
Ida has a job but it is 47 miles south to baton Rouge, no way to get there without gas.
This is going to make the Great Depression look like a camp out.
Chavez is sending additional oil as is OPEC. SPR has been tapped and the EPA has allowed the refineries to produce fewer blends. If it wasn't for the demand spike due to morons filling out and freaking out like idiots then prices would have only increased about 10 cents.
Awww Chavez is sending us oil.
Isn't this the same guy that that right winger said we should kill and who the Bushies say is a menace?
linkage
refinary update
Valero Energy Corp (VLO) 260,000 b/d St Charles refinery in Norco, La., remains shut; suffers no serious damage, should restart in two weeks (Sep 12); but lack of power, restrictions on access limiting Valero's ability to company says.
-Motiva Enterprises 225,000 b/d Norco, La., refinery remains shut; limited access to the facility has delayed a damage assessment, company says
-Motiva Enterprises 235,000 b/d Convent, La., refinery remains shut; suffers no damage that would affect restart, but no restart estimate, company says.
-Murphy Oil Corp (MUR) Meraux, La., refinery remains shut, evacuated; company has no information on damage or restart; flooding in the area worsened Tue
-Exxon Mobil Corp. (XOM) 183,000 b/d Chalmette, La., refinery remains shut, evacuated; company has no information on damage or restart; flooding in the area worsened Tue
-ConocoPhillips (COP) 255,000 b/d Alliance refinery in Belle Chasse, La., remains shut; no information on damage or restart; Plaquemines Parish reports extensive damage; WBRZ-TV says were whitecaps on the water in streets in Belle Chasse, quoting State Treasurer John Kennedy; company says it's doing flyovers Tue
-Marathon Oil Corp (MRO) 245,000 b/d Garyville, La., refinery remains shut; company on Tue brought additional workers to the plant, which wasn't fully evacuated
-Chevron Corp (CVX) 325,000 b/d Pascagoula, Miss., refinery remains shut, evacuated; company plans flyover Tue; area saw severe flooding
-Exxon Mobil Corp (XOM) 494,000 b/d Baton Rouge refinery in "cutback mode," operating at reduced rates due to supply problems source says could last weeks.
-Valero Energy Corp (VLO) 86,000 b/d Krotz Springs refinery at reduced rates; company says operating at 70% capacity due to trouble getting supply through pipelines
-Premcor (PCO) 190,000 b/d Memphis refinery at reduced rates due to crude oil supply snags, source says
-Total SA (TO) cuts runs at 180,000 b/d Port Arthur, Texas, refinery, has reduced runs, but due to a problem with a hydrogen compressor, not the storm, source says
refinary update
Valero Energy Corp (VLO) 260,000 b/d St Charles refinery in Norco, La., remains shut; suffers no serious damage, should restart in two weeks (Sep 12); but lack of power, restrictions on access limiting Valero's ability to company says.
-Motiva Enterprises 225,000 b/d Norco, La., refinery remains shut; limited access to the facility has delayed a damage assessment, company says
-Motiva Enterprises 235,000 b/d Convent, La., refinery remains shut; suffers no damage that would affect restart, but no restart estimate, company says.
-Murphy Oil Corp (MUR) Meraux, La., refinery remains shut, evacuated; company has no information on damage or restart; flooding in the area worsened Tue
-Exxon Mobil Corp. (XOM) 183,000 b/d Chalmette, La., refinery remains shut, evacuated; company has no information on damage or restart; flooding in the area worsened Tue
-ConocoPhillips (COP) 255,000 b/d Alliance refinery in Belle Chasse, La., remains shut; no information on damage or restart; Plaquemines Parish reports extensive damage; WBRZ-TV says were whitecaps on the water in streets in Belle Chasse, quoting State Treasurer John Kennedy; company says it's doing flyovers Tue
-Marathon Oil Corp (MRO) 245,000 b/d Garyville, La., refinery remains shut; company on Tue brought additional workers to the plant, which wasn't fully evacuated
-Chevron Corp (CVX) 325,000 b/d Pascagoula, Miss., refinery remains shut, evacuated; company plans flyover Tue; area saw severe flooding
-Exxon Mobil Corp (XOM) 494,000 b/d Baton Rouge refinery in "cutback mode," operating at reduced rates due to supply problems source says could last weeks.
-Valero Energy Corp (VLO) 86,000 b/d Krotz Springs refinery at reduced rates; company says operating at 70% capacity due to trouble getting supply through pipelines
-Premcor (PCO) 190,000 b/d Memphis refinery at reduced rates due to crude oil supply snags, source says
-Total SA (TO) cuts runs at 180,000 b/d Port Arthur, Texas, refinery, has reduced runs, but due to a problem with a hydrogen compressor, not the storm, source says
Jadow
Diamond Member
- Feb 12, 2003
- 5,962
- 2
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It is not up to the the government to build refineries. That is a private sector decision. So far the big money doesn't see increasing refinery capacity as sufficiently profitable.
The private companies have tried for YEARS to build more refineries, but fricken state and local governments keep blocking it because enviro whackos have taken over and they don't want a refinery in their town. Plus there is TONS AND TONS of regulation and federal EPA, red tape as well. It's time the feds ease the F up and also throw the gauntlet down on these state and local governments. For National Security reasons.
The private companies have tried for YEARS to build more refineries, but fricken state and local governments keep blocking it because enviro whackos have taken over and they don't want a refinery in their town. Plus there is TONS AND TONS of regulation and federal EPA, red tape as well. It's time the feds ease the F up and also throw the gauntlet down on these state and local governments. For National Security reasons.
Engineer
Elite Member
- Oct 9, 1999
- 39,230
- 701
- 126
Engineer
Elite Member
- Oct 9, 1999
- 39,230
- 701
- 126
Drilling in Alaska: Yes. It will take a decade or more before anything comes of it, but it's time to open up the pipe.
More Refineries: Depends. If Big Oil feels that oil will be on the decline in the near future, there is no need to do so. If they feel that they can recoup their investment and then some, it will happen. Tough one to call.
gas went up from 1.109 to 1.349/liter in a day here.
got lucky fueled every car of the household to the cap before it went up.
that crap will eventually stop... let's hope the platforms and oil ports are in good state and don't require a lot of repairs (getting power back will be the biggest challenge)
got lucky fueled every car of the household to the cap before it went up.
that crap will eventually stop... let's hope the platforms and oil ports are in good state and don't require a lot of repairs (getting power back will be the biggest challenge)
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