JoeB131
Diamond Member
Nice try Buckwheat.....
But I only mentioned him once in the context of being a state owned oil runner where he can really shove it to us the same way he did when he was in charge of FM/FM.
I'll say it one last time.
They shut down 750,000 BPD of refining capacity in Penn. Did you get that ? 750,000 BPD. The other companies are excited because it will firm up prices on the east coast.
But, the out fall is that a bunch of Union Bro's are headed to the unemployment line. Do you know how many jobs a refinery supports ? I am betting you have no idea.
Hey, maybe they can go to Ca and find work for Solyndra...ooops...guess not. Wendy's it is.
You can thank your regulating federal government for the shutdowns too. Environtment regulations and uncertainty caused these companies to shelve assets rather than invest in the equipment necessary to sour up.
And this in a country where we can only refine about half of what we use anyway.....
Weird point... I know.
Not one mention of sex.
Yup, usual bizarre MOrmon Ramblings...
Guy, the GOP has talked out of both sides of its mouth on this issue for years. They could have increased capacity and didn't. The oil companies don't really want to and why should they? They are making plenty of money now.
"The problem with Capitalism is Captialists. They're too damned Greedy." _ Herbert Hoover