Lack of refining capacity, thanks envirokooks

Shell ran out of gas in Toronto today. Enviroscum strike again. Gasoline shortages, the greatest spread ever of the price of oil ($79 barrel) versus the price of gasoline $1.30/L/ $5.00 per U.S. gal. Thanks enviros, I owe you and hopefully, you'll end up on my bumper, strictly by accident, of course.

Reply to
Rich
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it is the only way to save us from global warmings, raise gas prices so everybody stops using gas .- EVScum

(so we will starve to death quickly, instead of being slowly roasted in

50,000 years++)
Reply to
huhie

Really should be looking at the oil companies. They shutdown the refineries.

Reply to
FalconGuy

Those "envirokooks" are largely sponsored by big oil. Preventing new refineries is about market control and supporting high prices.

I'll take a guess that Canada is more or less on the same gasoline distribution grid as the USA. In the USA while environmental regulation made new refinieries practically impossible big oil bought up independents and consolidated operation into fewer larger refineries. Now any little burp is an excuse for the spectulators fueled by free money (interest rate 0%) from the federal reserve to cause the prices to spike up. It's all one big wonderful scam.

"envirokooks" are generally just useful idiots for the bigger scam.

Reply to
Brent

That's the point. You can't expect those in power to wait 50K years to end up owning everything.

Reply to
Brent

That's what o'bama is doing now. He's helping to run up the price of oil so the hybrid cars seem more economical... No wait, it's so the battery cars will seem more economical. Yep, that's it. However if you live in a northern/cold climate on our earth, you're screwed! Battery cars don't work in the cold.

Hail o'bama! It's for our own good! Hail o'bama! BTW, what are we going to do with all those expended batteries in a few years...

Reply to
twk

At one time they said the same thing about gas/diesel vehicles.

Reply to
NotMe

Wait... what? Obama's the reason I'm paying $3.73 per gallon? I had no idea. Can you cite any kind of source for this? I'd like to read up on it.

dwight

Reply to
dwight

Obama said he wanted to run up the price. In fact, he said his regret was that he couldn't run it up faster. Remember, Obama is the guy who said he was going to change America and "re-engineer society". No, he didn't do it all by himself. However, he and his friends, the envir-natzis, have fought exploration and drilling at every turn. Through the decades they have placed tons of regulations in the way of expanding refinery capacity (which is where the real problem with shortages originates). According to recent news, Canada will be selling oil to China. Why? Right next door is a country who would be happy to have that oil. Where was Obama and his minions when Canada was negotiating the sale?

Reply to
D E Willson

Don't remember that. Source?

This "re-engineer society" thing is interesting. Again, source? I'd like to know the extent of this re-engineering plan.

And yet, oil companies have leases they haven't even been able to get to yet, they have so many.

I'd like a few more regulations, myself. Especially when it comes to natural gas extraction.

Is Canada going to stop selling oil to the U.S. because it now also sells to China?

dwight

Reply to
dwight

Okay, Rich, you started this.

WHY did Shell run out of gas? Please explain, other than "enviroscum strike again."

Certainly, there is no oil shortage, and any gasoline shortages are primarily local, not a result of "refining capacity." Why Toronto?

dwight

Reply to
dwight

Yes he is responsible for higher gas prices. No doubt about it. o'bama admits it and his administration admits it.

Well, _IF_ (not saying you are) you're a liberal o'bama fan boy, you won't believe anything bad about that dirty commie, but here goes. And yes, I spell it "o'bama" out of my displeasure and utter lack of respect for the dirty commie... I mean dirty socialist. I meant socialist.

Top Five Things Obama Has Done to Raise Gasoline Prices

Gas prices too high? Obama may not think so. He's pumped to use high oil prices.

Obama Admin Says New Offshore Safety Rules May Delay Oil Drilling, Raise Gas Prices

Obama raises taxes on oil and gas to stop global warming

Obama to raise gas prices and inflation by raising taxes on oil companies

o'bama is a dirty commie, bent on big government and total control of the masses. As a result of this, he is destroying the United States economy and, ultimately, the United States.

Reply to
twk

We are finding US to unstable, just keeping our options open. At least we are buying your Jet FIghters.

Reply to
FalconGuy

Any legit news sources ? Other than the NY times. Maybe the gulf should be closed off, and remove the water. No more shore drilling.

Reply to
FalconGuy

Their refinery was shut for maintenance. They underestimate on hand stock and completion of maintenance. But Canada in the Central East still does not have enough refinery capacity, If terrorist blew up two of our, I can tell you Ontario would stop moving.

Reply to
FalconGuy

Look - I don't mind that you hate. In fact, some would argue that it's your god-given right to hate. I just prefer facts.

Aside from the questionable sources (I really enjoyed "american solutions.com," which I suspect may be an oil-industry funded site), and the woefully outdated articles, we are left with two big questions:

How does the President, under the U.S. Constitution, impose a tax?

What does the President, under our capitalist system, have to do with oil speculation on Wall Street?

In other words, there is no oil shortage. There are no shortages of oil leases or reserves to be tapped. The oil companies already have more of a playground than they can use. By all accounts, opening up even MORE reserves to the oil companies will have little or no impact on the price of gasoline within the next ten to twenty years.

So all of what you've cited are little more than red herrings, and irrelevant to the discussion.

Rich started this thread, "Lack of refining capacity," which IS more of an issue. When oil companies drill here in the U.S., there is no mandate that the oil be SOLD in the U.S. In fact, it goes out to the world market and can end up anywhere. It's the refining capacity that keeps the U.S. gas engine turning. (i.e.: why would Iran, with its huge reserves of oil, have gasoline shortages? Because they lack the refining plants to turn all that oil into usable gasoline.)

So, please, don't throw taxes and regulation in my face, when that has nothing to do with anything.

If you don't understand Wall Street and the futures market, Google that, instead of "why I hate o'bama."

dwight

Reply to
dwight

Yes. And, actually, I misspoke - the gas shortage in Toronto WAS the result of refining capacity, but was certainly not the fault of any "enviroscum." In fact, it was an almost voluntary shortage of refined product.

Aside from that, yes, Ontario doesn't have enough refineries to withstand an attack. The U.S. has LOTS of refineries, but a certain hurricane took out a good number of them, leading to a near-panic here and prices well over the $5.00 mark in certain areas. Obviously, none of that had anything to do with "enviroscum," either.

Rich's original post was nothing more than another troll, and a purposely misleading and inflammatory one, at that. Gasoline prices go up rapidly, come down slowly, then increase again without any apparent cause. But I know (as much as I can "know") that this has nothing to do with environmentalists, taxes, regulations, or any alleged shortage of oil reserve leases.

dwight

Reply to
dwight

There are lots of legit news sources. Other than the NY Times, what?

What are you talking about? I can't read your mind, quote something next time. Try using complete sentences.

Reply to
twk

Huge snip

Taxes and regulation have nothing to do with what? The price of oil? You must be kidding when you say that taxes and regulation of any item doesn't affect that item's price. Taxes and regulation definitely affect prices.

I'm guessing you are a liberal, socialist, o'bama fan boy. I doubt there is any way to argue with you. Any anti o'bama information is false, and o'bama is the savior of the US.

Time is short so I can't comment on the rest of your post.

Reply to
twk

The price of oil jumped 50% virtually overnight. That was taxes and regulation? I'll grant you that taxes and regulations may raise the price of oil by pennies on the barrel, but they absolutely do NOT figure into a 50% increase.

No time to explain how the President imposes a tax of any kind?

I am a liberal in some areas, a conservative in others. I am neither a fan nor a hater of any president. I just prefer facts.

And critical thinking. I really enjoy critical thinking.

dwight

Reply to
dwight

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