Bro Haut vs Oil part 2

[RPJS]

Re: Bro Haut vs Oil part 2

You just don't get it do you Z.
Regardless of capacity, extra refineries or people like you whinging about prices, the oil company bosses are going to do what the share holders demand of them which is making as much money as possible. That is what bussiness/capitolism is all about. It's also the freedom for each individual to make as much money as they can that makes living in a capitolist society so great.
As I've said before, your living in the wrong country if you have a problem with this.

 

[Vlad D Impeller]

Re: Bro Haut vs Oil part 2

With that attitude, I hope you weigh exactly what the American Heart Association recommends because that steak you enjoy will be going to $80 a pound. Are you of the opinion that we should be driven to the poor house so that we can live like the poor?

Liberal - One who knows what is best for you and will spend your money to make sure that you do it.

You can assume as much as you like, high gas prices may take you to the poor house, but it will not take this country there, totally losing our manufacturing base to China will though.

 

[Vlad D Impeller]

Re: Bro Haut vs Oil part 2

If I will pay $3.00 a gallon for gas, there will be an oil company there to provide it. How much more will I pay? Doesn't matter. If I will pay it, someone will produce it.
The very day I stop buying gas, the gas company won't sell me any more.

True story... Take all of that to the bank (while you can).

I totally agree, thats what i call sound logic.

 

[Haut Medoc]

Re: Bro Haut vs Oil part 2

What about when there's an "accident" and all the sudden they have to shut down a refinery? Since they don't have any extra capactiy now, they're forced to raise prices. But if they had extra capacity they weren't using, they wouldn't be able to raise the price so easily.

Ya mean like being prepared for a disaster?
& have more capacity than we actually need?
You assertions are preposterous!.... ​

 

[QC]

Re: Bro Haut vs Oil part 2

On the other hand, if they build another refinery, they can't manipulate the supply so easily, and prices will go down. Why would they do that? That's the reason they don't build one.

I know this has been beat to death, but Z is a smart guy, and I can't handle it when a smart guy looks stupid. So with that little antagonistic preface, I have a couple of questions for you (Z):

1) Are you saying that the oil companies are subject to the forces of supply and demand? or, are you saying they're only subject to those rules when it strengthens the current point your are trying to make?

2) Are you saying that there is this little (maybe it's really big) meeting room that magically is attended by every potential investor in Oil exploration and/or refining? They go in there and agree that no one, no one, will build a refinery until all agree to? How would you go about preparing an invite list to this meeting? What if you missed somebody? What if Walmart decided to get into refining? Are the guys in the meeting gonna stop them? Maybe Walmart is invited to the meeting, but that room is getting bigger and bigger and bigg . . .

 

[burroak]

Re: Bro Haut vs Oil part 2

You can assume as much as you like, high gas prices may take you to the poor house, but it will not take this country there, totally losing our manufacturing base to China will though.

Do you ever proof read this stuff before you click "post"? It makes you sound like a nut job.

L@@K><L@@K.

Focus on one idea at a time. How does increasing gas prices to the UK level save American jobs?


How can this thread be primal scream therapy for liberals because prices are too high and you want them to go even higher.

 

[kenimpzoom]

Re: Bro Haut vs Oil part 2

What many people here dont realize is that the oil production and oil refinery part of a company are complely seperate and in many cases are totally different companies. Yes they are all under one umbrella (usually a holding company), but they each have totally seperate balance sheet, and each division runs totally seperate from another. Each divison must show a profit. Each divison only makes decisions that is right for itself, 99% of the time disregarding the other divisions. Work for a large company and you will know this.

The refinery section of ExxonMobil / BP / Shell isnt making much money. They have to buy crude oil and then turn it into gasoline. A Shell refinery buys oil from any old company it wants to, not just Shell oil wells.

The only divisions of the oil companies that are making good profits are the divisions that produce the oil from the ground.

I just cant believe the amount of people here that want to claim they know it all when it fact they know very little. Whats stupid is why I bother to try to educate?

Ken

 

[waterinthefuel]

Re: Bro Haut vs Oil part 2

Yep, drilling and production are where it's at. Refineries ain't where it's at. If you don't think that's true ask the offshore oil rig workers to go to work at the refineries.

 

[Haut Medoc]

Re: Bro Haut vs Oil part 2

They all have a common goal....
Rob the eyeballs out of your had, create golden parachutes & line as many congressional pockets as it takes to accomplish that .....
& whine that the treehuggers are stifling progress....​

 

[kenimpzoom]

Re: Bro Haut vs Oil part 2

They all have a common goal....
Rob the eyeballs out of your had, create golden parachutes & line as many congressional pockets as it takes to accomplish that .....
& whine that the treehuggers are stifling progress....​

What a brilliant and educated reply! Does this mean you concede?

Atacking CEO pay and corporate bribery are seperate threads, go start your own.

Ken

 

[Haut Medoc]

Re: Bro Haut vs Oil part 2

Yes, I concede that this country needs several new refineries....
I would like the government to build a few of their own to handle their own usage.....​

 

[Vlad D Impeller]

Re: Bro Haut vs Oil part 2

Do you ever proof read this stuff before you click "post"? It makes you sound like a nut job.

L@@K><L@@K.

Focus on one idea at a time. How does increasing gas prices to the UK level save American jobs?


How can this thread be primal scream therapy for liberals because prices are too high and you want them to go even higher.

I said nothing about increasing oil prices to the UK level, oil prices in the UK is mostly made up from Govt' taxes, i do not support any form of tax increases.
The price of oil is decided by the market forces of supply and demand, then of course there is speculative trading. That is our system, i like it that way and it works for me. All that i'm saying is, if your wanting the price of oil to go down, the answer is simply to reduce the demand, griping ain't gonna do it.
Personally, i could'nt give a rats arse about primal scream therapy for liberals, or conservatives for that matter. All you folks seem to ever do is put yourselves into boxes then yell insults and inuendo at each other, like that is ever going to change anything to your personal preferences.

 

[Vlad D Impeller]

Re: Bro Haut vs Oil part 2

You just don't get it do you Z.
Regardless of capacity, extra refineries or people like you whinging about prices, the oil company bosses are going to do what the share holders demand of them which is making as much money as possible. That is what bussiness/capitolism is all about. It's also the freedom for each individual to make as much money as they can that makes living in a capitolist society so great.
As I've said before, your living in the wrong country if you have a problem with this.

RPJS, you absolutely pegged it, many of the posters to this forum consistently complain and whine about prices, what they need to do is
empower themselves to acquire work that compensates and benefit their needs and wants.

 

[burroak]

Re: Bro Haut vs Oil part 2

RPJS, you absolutely pegged it, many of the posters to this forum consistently complain and whine about prices, what they need to do is
empower themselves to acquire work that compensates and benefit their needs and wants.

Lead us out of the wilderness.
Tell us what to do.
What is your plan.
We await the reading of the Vladimous writ.

"empower themselves", "acquire work", "benefit their needs and wants", pure boiler plate. How in hell are you going to fit 245 million people on the head of a pin with Bill Gates?

 

[waterinthefuel]

Re: Bro Haut vs Oil part 2

Lead us out of the wilderness.
Tell us what to do.
What is your plan.
We await the reading of the Vladimous writ.

"empower themselves", "acquire work", "benefit their needs and wants", pure boiler plate. How in hell are you going to fit 245 million people on the head of a pin with Bill Gates?

It means shut up and get a job that pays enough to keep the tank on that 30000 dollar SUV nice and full.

 

[treedancer]

Re: Bro Haut vs Oil part 2

Quote waterinfuell

It means shut up and get a job that pays enough to keep the tank on that 30000 dollar SUV nice and full.


Would you like cheese with that?

 

[kenimpzoom]

Re: Bro Haut vs Oil part 2

Yes, I concede that this country needs several new refineries....
I would like the government to build a few of their own to handle their own usage.....​

Does this make you happy??

Motiva Enters Final Planning Phase for Proposed Port Arthury Refinery Expansion
30 Nov 2006

Detailed engineering and design prepares way for final investment decision by around mid-year 2007.




Motiva Enterprises LLC announced today plans to move forward with the final design and engineering phase for a proposed 325,000 barrel-per-day (b/d) capacity expansion project at its Port Arthur, Texas refinery. The 325,000 b/d expansion project would increase the refinery?s crude throughput capacity to 600,000 b/d making it the largest refinery in the U.S. and one of the largest in the world.



?We continue making significant progress toward this expansion, which is being designed to strengthen our nation?s supply of gasoline, diesel and aviation fuels,? said William B. Welte, Motiva President and Chief Executive Officer.



Motiva has awarded a contract to Bechtel/Jacobs Joint Venture to manage the proposed project as the engineering, procurement and construction contractor. Motiva also recently secured the operating air permit for the proposed expansion from the Texas Commission on Environmental Quality. Motiva will utilize advanced technology in all new system installations and replace existing systems to significantly lower emissions from refinery operations on a per barrel basis. The company is working toward a final investment decision by around mid-year 2007. Pending final approval, construction will commence afterwards and new production capacity is expected to come online in 2010.



The proposed expansion is projected to generate more than 3,500 construction jobs and about 300 new permanent jobs upon completion. Motiva is working with the Texas Work Force Commission, Southeast Texas Workforce Development Board, Lamar State College, representative work groups, vocational institutions and local school systems to recruit and train qualified members of the work force to take full advantage of the job opportunities.



Headquartered in Houston, Texas, Motiva Enterprises LLC is a refining and marketing joint venture owned by affiliates of Shell and Saudi Aramco. Motiva?s marketing operations support a network of nearly 7,700 Shell-branded gasoline stations in the eastern and southern United States. Company assets include three refineries located in Norco, Louisiana; Convent, Louisiana, and Port Arthur, Texas, capable of refining approximately 740,000 barrels per day, and ownership or partial interests in 42 product terminals. More information is available at www.motivaenterprises.com.

 

[Haut Medoc]

Re: Bro Haut vs Oil part 2

Yep!
It might actually help to keep up with the increased demand that will be inevitable by 2010......
Still not nearly enough, IMHO......​

 

[treedancer]

Re: Bro Haut vs Oil part 2

See Haut,all of your raggin at them here on Iboats finally got something done.

 

[kenimpzoom]

Re: Bro Haut vs Oil part 2

There are also a couple of other plants that are expanding.

Did you see how long the process has taken? They started thinking about the expansion in 2005. It only made economic sense to think about expanding in 2005. It will be completed in 2010.

What happened in 2004 and 2005? The price of gas shot up. Before that increase, it didnt make any sense to increase output.

Ken