- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: ‘Drill, Baby, Drill!' Will Secure American Prosperity For The Twenty First Century
Posted on 3/12/24 at 8:07 am to ragincajun03
Posted on 3/12/24 at 8:07 am to ragincajun03
quote:
Did not know that. Good to hear on the permitting. Sounds like now they need investors.
Thanks for that info.
Permitting of new refineries was done during Obama, but those two went belly up in 2014 being built in ND with target profit center of diesel for drilling services.
The 7 permitted only produce gasoline and diesel, are modular with one at 10,000 BPD, one at 20,000 BPD and five identical at 50,000 BPD.
I have refineries for sale closed during Covid and never reopened. One has had a lot of brand new units since 2006 with upgrades and replacement of major items in the crude, platformer and cat cracker units.
This post was edited on 3/12/24 at 8:11 am
1
Posted on 3/12/24 at 8:17 am to CitizenK
The US has always been an exporter of refined products. Due many new refineries have been built in South America and Africa, demand has decreased.
If you think that refineries, especially on the Gulf Coast, were strictly for supply US consumers, you have been wrong for many decades.
IF you think that refineries make money on gasoline, jet fuel and diesel, you are wrong.
If you think that paraffinic tight shale crude is good for making asphalt and petroleum coke you won't have paved roads or aluminum among many other things.
If you think that refineries, especially on the Gulf Coast, were strictly for supply US consumers, you have been wrong for many decades.
IF you think that refineries make money on gasoline, jet fuel and diesel, you are wrong.
If you think that paraffinic tight shale crude is good for making asphalt and petroleum coke you won't have paved roads or aluminum among many other things.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News