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Calif Bill Calif Bill is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 4,727
Default The cost of boating just went up. Gas hits all-time high.


"Fred Garvin, Male Prostitute" wrote in message
...
In message nk.net,
Calif Bill sprach forth the following:


The rules of a capitalistic market do not apply when the raw materials
are controlled by an oligopoly.


The US produces 1/3 of its own oil consumption, and imports the rest from
many countries.

There is no opportunity for new
players to enter the field and supply superior or cheaper refined
products.


Not so long as there are 41 insane Senators there isn't. Sad.

Even *if* there were a new and independent refinery built,
the operators would need to rely on their competitors for raw
materials....not a good business model in any industry.


Not all oil companies are drillers and transporters and refiners.

There is a shortage of refined product because world demand has
increased to the point where there is no longer any surplus supply.


Due primarily to the aforementioned insane Senators.

If that attitude disrupts economies or creates hardships for
people who have previously relied on a predictable supply of a product
at a predictable price that's too fricking bad. The oil companies are
in business to make a profit......period.


And the oil campanies are the only businesses in the entire world that er
"in business to make a profit". Oh, wait. No they're not. So your point
is worthless.

Few people are going to buy any
recreational vessel or vehicle that needs to consume enormous
quantities of petroleum products to operate, and who can blame them?
Tough as it is when the costs are $4-5 at the fuel dock, imagine what
would happen if fuel goes to $6-7, or $7-8?


All the more reason to open ANWR.

I think I can see where we're going on a few fronts over the next few
to several years, and I wish the picture were slightly prettier from
here.


All the more reason to open ANWR.

We're entering an era of fewer options for all but the folks in
the very highest income brackets, as well as when a flock of
consequences begin coming home to roost.


All the more reason to open ANWR.


Most of the retooling of refineries is a government requirement. Going
from Winter to Summer Blend. When California had real shortages a
couple of years ago, we could not get fuel from Arizona, that had a
surplus, because it did not meet the Calif. State blend requirements.


All the more reason to storm the statehouse. And then open ANWR :-).


And the refineries were required to add MTBE. The stuff ate up seals
at an extreme rate. One of the reasons there were more refinery fires.


Your tax dollars at ****up. Anyone notice a theme here?


If you are going to comment on a post, at least attribute it to the proper
poster.

Most of the retooling of refineries is a government requirement. Going
from Winter to Summer Blend. When California had real shortages a
couple of years ago, we could not get fuel from Arizona, that had a
surplus, because it did not meet the Calif. State blend requirements.
And the refineries were required to add MTBE. The stuff ate up seals
at an extreme rate. One of the reasons there were more refinery fires.



This is my contribution.