Increased U.S. oil production: How it's affecting you at the pump

Politico ^ | 7/17/13 | TALIA BUFORD

[Colonel_Flagg]

All I know is that where I live, we were paying $4.30 a gallon for a few weeks because of two refinery shutdowns that happened at the same time.

I favor expansion of production to meet our own needs domestically, and construction of refineries to handle production domestically. In short, something approaching an actual energy policy instead of what we’ve had for the last forty years.

[ballplayer]

4.25 a gallon in Connecticut today for regular unleaded

[thackney]

I favor expansion of production to meet our own needs domestically, and construction of refineries to handle production domestically.

We refine more than we use ourselves already. Nobody is going to build a couple extra refineries to sit idle as spares.

[Colonel_Flagg]

“You know everybody is ignorant, only on different subjects.” — Will Rogers

Thanks for the information. :)

[thackney]

Will Rogers is great.

We only recently reached a point of refining more than we use. We reached it not only by expanding the existing refineries, we also lowered our total demand.

The multitude of gasoline “recipes” is a significant part of why it is hard to quickly overcome a local shortage. In many locations, the nearby finished gasoline is not allowed to be used across the state or county border.

Cheers!

[The Bat Lady]

Weren’t we told it would take 20 years to see any “benefits” from all of this drilling and oil production?

Whether it was 20 years or 10 years, I heard that excuse 40 years ago so why, Why, WHY??????? haven't we done anything back then so that we have the oil already NOW?

[luvie]

Gas prices have gone up here, too, and there is no reason for them not to go down the way we’re booming. The oil rig count goes up every week, they have discovered new fields to be “fracked” and we have jobs a-plenty for any and all oil field workers. Just no housing available. We are bustin’ at the seams out here in West Texas! :)

[thackney]

Gas prices have gone up here, too, and there is no reason for them not to go down the way we’re booming

The price of crude isn't falling so gas prices are not falling. If the crude prices were falling, your area would not be booming with work.

These shale fields with mile(s) long horizontals and multi-stage hydrofracking is not cheap.