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Even if we had 25% more oil tomorrow, we could not refine it, and therefore it would sit until it could be refined into gas and HH oil and diesel. The US refineries operate at 98% capacity right now. It takes 3 years to build a refinery on the "fast track", but this US government has not given anyone "permission" to build anymore refineries in the US in more than 25 years.
It's not about oil, it's all about having the process to refine the oil into a usable product here in the US. We don't have it so we are sh*t of of luck.
It's time to switch over the LNG since the infrastructure is already set up, and all we need to do is run a pipe line from the street, into the filling stations, we already have set up for gasoline. We already have buses and cars that run on LNG. The US sits on more LNG than we could use in 100 years. We are the Saudi Arabia of LNG.
but this us government has not given anyone "permission" to build anymore refineries in the us in more than 25 years.
:
The people of the us are stupid.
Even if we had 25% more oil tomorrow, we could not refine it, and therefore it would sit until it could be refined into gas and HH oil and diesel. The US refineries operate at 98% capacity right now. It takes 3 years to build a refinery on the "fast track", but this US government has not given anyone "permission" to build anymore refineries in the US in more than 25 years.
It's not about oil, it's all about having the process to refine the oil into a usable product here in the US. We don't have it so we are sh*t of of luck.
It's time to switch over the LNG since the infrastructure is already set up, and all we need to do is run a pipe line from the street, into the filling stations, we already have set up for gasoline. We already have buses and cars that run on LNG. The US sits on more LNG than we could use in 100 years. We are the Saudi Arabia of LNG.
The people of the US are stupid.
I'd like to see where you're seeing the refineries working at 98% capacity.
At best I've seen them operating at 75% capacity because they need 25% down for regular maintenance, then rotate that around. And, as with many other things, they can build refineries in Mexico and Canada, and none of the oil companies are doing that right now to get around any government regulation.
Its like a drug dealer. They give you a taste, then slowly rise the price on you once your addicted.
Oil companies are having record profits right now, and there are no ifs, ands, or buts abut that.
Does this make any sense to anyone other than the author? There must be whole sentences missing.
How on earth would a 30% decrease in oil consumption hurt, much less cripple the economy? And how would that translate into cheap energy for China?
Lol, you must be kidding me. You think decreasing the use of oil by 30% would have no effect on the economy? How would cars go, factories run, planes fly?
If the US used 30% less oil there would be a whole lot of oil sloshing around the world. Therefore the price would drop. Price is a function of supply and demand.
By the way the Chinese cannot get enough oil. Their economy is growing so fast.
Last edited by shorebaby; 02-24-2011 at 04:34 PM..
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People in Alaska are drooling over your extremely low gasoline prices. 
