The Peak Oil Crisis: On Closing Our Refineries

01 Feb 2012 09:29 #1 by Blazer Bob
http://www.fcnp.com/commentary/national ... eries.html


"Here is one more thing for those of us who live in the northeastern U.S. to start worrying about - the refineries that make our gasoline, diesel, heating oil, etc. are dropping like flies.

In today's economy, these refineries are simply losing so much money that their owners who are not major oil companies that make billions from oil production are having put them up for sale or close them down. In recent years we lost refineries in Westville, NJ, and Yorktown, Va. A large refinery in southeastern Pennsylvania was shut down in December as was one in New Jersey. A third large Philadelphia refinery is up for sale and will be closed in July if no buyer can be found.

Last week we learned that what once was one of the largest refineries in the world (500,000 barrels a day [b/d]), located in the US Virgin Islands and which has been shipping about 200,000 b/d to the U.S.'s east coast will close next month.".......................

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01 Feb 2012 10:38 #2 by Rick
Ah who needs stinky old refineries anyway? If oil and gas becomes to expensive, the government will find a way for all of us to power our cars with wind and solar...oh ya, and electricity derived from coal.

The left is angry because they are now being judged by the content of their character and not by the color of their skin.

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01 Feb 2012 10:56 #3 by FredHayek
All those Prius & Smart Car owners are helping to eliminate good paying refinery jobs.
:biggrin:
Green energy supporters have taken more jobs away than Bain Capital!

Thomas Sowell: There are no solutions, just trade-offs.

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