Posted on 03/05/2011 7:22:47 AM PST by Kaslin
We need refineries. Oil is backed up waiting to be processed. It takes almost 10-15 years to build one.
I could be wrong, frequently am but that’s another story, but I think the world has seldom seen the kind of panic there would be in the oil markets around the globe the instant it became clear that the US is through playing the oil game any longer. We have the oil, we know where it is and we know how to get it out of the ground and into our tanks, and we’re going to move Heaven and Earth to get busy getting it done.
And then just do it. Even if the cost of oil falls to $10 a barrel, just ignore it and keep on exploring, drilling, extracting and refining OUR oil from OUR soil. And use the billions and billions of dollars such a policy would produce for US to work on the idea of renewable energy.
Only because we let it. We know how to do it and how do it with as little risk to the environment as anyone on earth. We've let the Greenies BS and sue us into buying their groundless fears for Earth because it's been the cheapest and easiest path of resistance not to stand up to them.
That time period is without the EPA butting in. You can add in another five years to that total.
re: without the EPA butting in
In my private world there will be no EPA. It’s become nothing more than a tool of those who don’t wish us well. Like so many well-intentioned inventions of government it might have served a purpose at first, perhaps a few years, but like every other alphabet-do-gooder agency it soon got more interested in self-preservation and kingdom building than serving its intended purpose. Give any of the them a few years and they become barely recognizable as the potent agency for good they set out to be.
No! That's a fundamental misunderstanding of how a free market works!
Oil futures prices will dive because of anticipation of all the new oil coming into the market. You make it sound as if there is some malevolent force, some conspiracy at work "to get us not to drill."
Or did I miss a sarcasm tag?
ReverendJames knows what he’s talking about. A refinery is not just a factory, it’s finely tuned, industrial sized instrument. It takes a great deal of construction and engineering, adjusting every stage along the way, to bring the beast to production. 10 years is reasonable.
The biggest part of a refinery is the cracking tower(s) - that’s where they pull off the different distillate products from oil. After all is extracted, they pave the roads with the remainder.
Al;l GW had to do is threaten to drill to bring down the price
You can see what’s going on if you see a refinery close-up (<1/2 mile). There about 10 million miles of pipes in those things. It doesn’t take a rocket scientist to see there is major-league science at work. And people think they can be pasted up in a month.
You can see what happens to the nations gas supply if even one refinery goes down. Texas, Louisiana and California have the most. There’s about maybe a hundred scattered around 32 states. Even still we read about how oil is backed up waiting to be refined. Any refinery shipping gasoline to California has to add so many additives and then too shut down to convert over to heating oil. We need dedicated refining capacity to just refine oil to gasoline. And get EPA out of it.
Yes. Get EPA out of it. Then we may have a prayer. Nukes would be nice, too. Like France and Germany (West).
They built a new nuke plant out on Long Island, NYC. When a new Dem. governor got in he had it shut down before it even got started. He went so far as to have holes bored into the containment vessel rendering the whole billion dollar facility ruined. It’s just junk now.
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