Price of gas
>BTW, dirty crude oil...lol when have you seen clean oil?
Tru dat, I used to work around the old Penna oil fields, been there seen that, had to wash up afterwards
But I understand that the tar-sands stuff is particularly noxious and that's why in needs to go all the way to the Gulf for refining.
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Jaguar: Grace, Pace, and Space - Sir William Lyons
Tru dat, I used to work around the old Penna oil fields, been there seen that, had to wash up afterwards
But I understand that the tar-sands stuff is particularly noxious and that's why in needs to go all the way to the Gulf for refining.
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Jaguar: Grace, Pace, and Space - Sir William Lyons
Refining in Canada = more jobs, more profit.
Someone in charge is an idiot or has been bought and paid for.
>Someone in charge is an idiot or has been bought and paid for.
Oooo, that's gonna leave a stain...
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Jaguar - it's not an automobile, it's a Motorcar
Oooo, that's gonna leave a stain...
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Jaguar - it's not an automobile, it's a Motorcar
OK- why does it 'need' to go to the Gulf for refining?
Dunno. The volume of oil in the tar sands is enough to supply Canada's own requirements for several hundred years. It's unlikely that oil will still be a popular fuel that far in the future so we're smart to sell it off now while there's still demand.
It could be refined on site and sold internationally as finished product but instead the plan is to build a pipeline and make the goo someone else's problem. I'm sure someone has done their sums and believes that the pipeline approach is more profitable.
It's pretty obvious that North America moving towards supplying their own oil has upset our friends in OPEC which precipitated the present price war for crude.
I'm enjoying the fact that gasoline has dropped in price by 40% in the last few months but I'm not enjoying the fact that our dollar has dropped 15% vs. the US in the same time frame.
It could be refined on site and sold internationally as finished product but instead the plan is to build a pipeline and make the goo someone else's problem. I'm sure someone has done their sums and believes that the pipeline approach is more profitable.
It's pretty obvious that North America moving towards supplying their own oil has upset our friends in OPEC which precipitated the present price war for crude.
I'm enjoying the fact that gasoline has dropped in price by 40% in the last few months but I'm not enjoying the fact that our dollar has dropped 15% vs. the US in the same time frame.
>OK- why does it 'need' to go to the Gulf for refining?
I understood that it was because it was a particular weight of crude requiring specialized refining capabilities that, while available the US, was not in Canada.
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Jaguar: Grace, Pace, and Space - Sir William Lyons
I understood that it was because it was a particular weight of crude requiring specialized refining capabilities that, while available the US, was not in Canada.
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Jaguar: Grace, Pace, and Space - Sir William Lyons
Here's my latest letter to the editor that was published in today's local paper..
Unfortunately, I'm limited to 150 words..
U.S. oil held hostage by OPEC: Letters
U.S. oil held hostage by OPEC
Since the price of gas is falling, some economists are now thinking we don’t need the Keystone XL Pipeline built.
Really? They surely are from some other planet and not from Earth. As soon as some members of OPEC (mainly Saudi Arabia) conclude their geo-political agenda, don’t think that gas prices won’t rise again.
In 2014, OPEC comprised 12 members: Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela. None of these nations are friendly to us, but they like our money. I suggest that the pipeline be built to get the tar sand oil from Canada to the Gulf Coast refineries so that all of us would be less susceptible to a major gas price increase. We would be far more energy independent than we are now. Should we be held hostage again by OPEC?
— Jay Tissot,
Unfortunately, I'm limited to 150 words..
U.S. oil held hostage by OPEC: Letters
U.S. oil held hostage by OPEC
Since the price of gas is falling, some economists are now thinking we don’t need the Keystone XL Pipeline built.
Really? They surely are from some other planet and not from Earth. As soon as some members of OPEC (mainly Saudi Arabia) conclude their geo-political agenda, don’t think that gas prices won’t rise again.
In 2014, OPEC comprised 12 members: Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela. None of these nations are friendly to us, but they like our money. I suggest that the pipeline be built to get the tar sand oil from Canada to the Gulf Coast refineries so that all of us would be less susceptible to a major gas price increase. We would be far more energy independent than we are now. Should we be held hostage again by OPEC?
— Jay Tissot,
Little off topic but i was fueling up at my local chevron ($2.10 gal) and saw they got a ethanol free pump that only has 90 oct, would it be okay to put 90 oct in a 2005 S-type R 4.2? Or should i just stick with the 93oct?
93 octane for sure
The US is not hostage to OPEC as far as I can see. Canada provides more oil to the US than the whole of OPEC, and all non -OPEC countries provide over 60% of US oil imports.
When the world price of oil increases then the price of oil will increase in the US for certain. Any doubter in the US needs to look at the history of oil pricing in the US. Anyone who thinks there has been free competition in the US oil business is delusional. How soon people forget that at one time importation of oil into the US was prohibited!!
The real issue with the XL Pipeline is one of safety and economic efficiency--it is cheaper and safer to move oil, over land, in a pipeline.
When the world price of oil increases then the price of oil will increase in the US for certain. Any doubter in the US needs to look at the history of oil pricing in the US. Anyone who thinks there has been free competition in the US oil business is delusional. How soon people forget that at one time importation of oil into the US was prohibited!!
The real issue with the XL Pipeline is one of safety and economic efficiency--it is cheaper and safer to move oil, over land, in a pipeline.
The US is not hostage to OPEC as far as I can see. Canada provides more oil to the US than the whole of OPEC, and all non -OPEC countries provide over 60% of US oil imports.
When the world price of oil increases then the price of oil will increase in the US for certain. Any doubter in the US needs to look at the history of oil pricing in the US. Anyone who thinks there has been free competition in the US oil business is delusional. How soon people forget that at one time importation of oil into the US was prohibited!!
The real issue with the XL Pipeline is one of safety and economic efficiency--it is cheaper and safer to move oil, over land, in a pipeline.
When the world price of oil increases then the price of oil will increase in the US for certain. Any doubter in the US needs to look at the history of oil pricing in the US. Anyone who thinks there has been free competition in the US oil business is delusional. How soon people forget that at one time importation of oil into the US was prohibited!!
The real issue with the XL Pipeline is one of safety and economic efficiency--it is cheaper and safer to move oil, over land, in a pipeline.
Example: The Alaska pipeline going strong after how many years???
I live in Fishtoft, Boston - the original Boston, in Lincolnshire England. We are still paying about 4.70 per UK gallon for our fuel, which is an absolute disgrace. Over 1 dollar per litre of that is tax and duty. Sadly no matter how much the price of crude reduces we are not likely to see much more in terms of pump price deflation.
PS where I live is about 1 mile from the point where the pilgrim fathers made their first attempt to leave these shores bound for somewhere that they could worship their God without interference from the powers that be. They got arrested for their troubles.
PS where I live is about 1 mile from the point where the pilgrim fathers made their first attempt to leave these shores bound for somewhere that they could worship their God without interference from the powers that be. They got arrested for their troubles.














