OT -oil over-supply

Rod

While custom blends by area/season is part of the problem...

Let's not forget at the base of this the oil companies are not harmless victims.

*They* merged, and *they* closed many small refineries in the name of efficiencies.

While new refining capacity is important, and that can be partially blamed on environmental concerns in both the lack of new capacity and decisions to close rather than upgrade other refineries, we also have the part of this shortage crisis being business decisions to run their operations too damn lean. Cut fat, cut fat, cut fat...oh wait, I think that was my willy, I may need that again someday!

WHERE TO BUY YOUR GAS,THIS IS VERY IMPORTANT TO KNOW.
READ ON--
Why didn't George W. think of this?

I am Just forwarding this on as I think these are good statistics that everyone should be aware of, but the answer to that question is obvious - you don't bite the hand that feeds you.

Gas rationing in the 80's worked even though we grumbled about it. It might even be good for us!
The Saudis are boycotting American goods. We should return the favor. An interesting thought is to boycott their GAS. Every time you fill up the car, you can avoid putting more money into the coffers of Saudi Arabia. Just buy from gas companies that don't import their oil from the Saudis.

Nothing is more frustrating than the feeling that every time I fill-up the tank, I am sending my money to people who are trying to kill me, my family, and my friends. I thought it might be interesting for you to know which oil companies are the best to buy gas from and which major companies import Middle Eastern oil :
Shell..... ..... ..... .. 205,742,000 barrels
Chevron/Texaco..... ..... 144,332,000 barrels
Exxon /Mobil..... ..... . 130,082,000 barrels
Marathon/Speedway..... .. 117,740,000 barrels
Amoco..... ..... ..... ....62,231,000 barrels
If you do the math at $30/barrel, these imports amount to over $18 BILLION!

Here are some large companies that do not import Middle Eastern oil:
ARC0. ..... ..... ..... .0 barrels Sinclair..... ..... .....0 barrels
Citgo..... ..... ..... ..0 barrels BP/Phillips..... ..... ..0 barrels
Sunoco..... ..... ..... .0 barrels Hess..... .…..... ..... .0 barrels
Conoco..... ..... ..... .0 barrels All of this information is available from the Department of Energy and each is required to state where they get their oil and how much they are importing. But to have an impact, we need to reach literally millions of gas buyers.

It's really simple to do.
Now, don't wimp out at this point... keep reading and I'll explain how simple it is to reach millions of people!!
I'm sending this note to about thirty people.
If each of you send it to at least ten more (30 x 10 = 300)... and those 300 send it to at least ten more (300 x 10 = 3,000) . and so on, by the time the message reaches the sixth g eneration of people, we will have reached over THREE MILLION consumers!
If those three million get excited and pass this on to ten friends each, then 30 million people will have been contacted! If it goes one level further, you guessed it .THREE HUNDRED MILLION PEOPLE!!!

Again, all you have to do is send this to 10 people. How long would all that take?

If each of us sends this e-mail out to ten more people within one day, all 300 MILLION people could conceivably be contacted within the next eight days!

I can only "assume" that Petro Canada gets their gas from Alberta?????
So Sunoco and Petro Canada MAY be the best option for Canadians

Crude comes in from various areas such as the Middle East, South America, etc (think even Russia too), ends up in the same refineries, going out the the various companies. Not sure where the different additives are added, or if a company is buying crude at a particular $$$, and another buying it at a particular $$$, how that balances out at the refineries.

China's buying a ton of crude, and like everything else, makes it a buyers market. How much are we willing to pay compared to the competition?

Wonder what's going to happen when they do get to tap in Alaska? The oil from the pipeline is all exported - none of it's used domestically, all exported, always has been. Wonder what's going to happen with any oil found up there when we do finally get to drill?

Mark

That's false.

See link -- California for one gets 12 million barrels a month from Alaska. Don't know what Oregon & Washington do, plus Alaska refines a modest amount itself.

• Link

BTW, Hess might only qualify as "from the U.S." if you count that it has a huge refinery in the U.S. Virgin Islands. The crude mostly comes from Venezuala.

Everything you ever wanted to know about our Oil Consumption & Sourcing and more, if you're willing to dig around a bit and see what pops up, is at:
http://www.eia.doe.gov/