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OPEC
We have two major problems for the fuel prices. The money OPEC and others funnel (through laundering to keep it hush hush) to the environmental wackos to fight any new drilling is one of them. Who can argue against pictures of cariboo frolicking in fields of wildflowers when the reality is the area was mostly barren rock with some lichen.
Second as someone pointed out is we don't have refinery capacity to process the oil. It's the "not in my backyard" mentality. There is no way the tree whakos in California will let one be built there. Second, a new refinery costs about $1 billion. A pretty hefty investment. If you build it on cheap land near a slum, you get lawsuits claiming you are discriminating against minorities. If you try to put in near wealthier towns, their lawyers go after you.
If you want affordable gas, someone's gotta accept the plant needed to process it.
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OPEC
Thing is to that the USA people just dont care. We would never give up our suv's hee hee
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OPEC
When has any of them tried to build another refinery?
I think they like it as is. Exxon/bush/cheney/Mobil.
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OPEC
They can't build new refineries without a major change in the EPA.
If Bush and Cheney were in office to make money as oil barons, you would think they would be throttling the EPA and building what is needed.
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OPEC
They already got the money,from the oil companies, that's how you get the office. If the oil companies wanted a refinery you would hear bush(no capital) fighting for one.
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OPEC
Ahhhh..... Right..... Sure....
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OPEC
What?
you don't think they expect something for the money the donated to his campaign?
I supposed they did it out of the kindness of their hearts.
"Jesus's general will save the world"
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OPEC
To invest in a new plant like an oil refinery means you need an incentive to do so. Potential profits is one such motive. But by not investing in a new plant, the price of gas keeps going higher making your existing plants more profitable with no capital investment. So where is the incentive?
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OPEC
If the profit margin increases, new competitors come in to reap the profits, and eventually decrease the excessive profit margins.
Big problem with refineries is that they are expensive, take along time to build, have lots of regulations, and no one wants them in their neighborhood as well.
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OPEC
I think we could solve some of the world's oil crisis by converting large numbers of diesel engines over to burning fat by using the grease from all the fast food chains. Maybe we should design other engines to burn corn kernels like in some furnaces being offered these days. If we let the farmers really make ethanol and get archerdanielsmidland out of the way we could have a chance by mixing ethanol with fat/grease, etc.
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Gas Generator Weather Protecti
03-09-2005, 12:36 
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