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Largest U.S. Refinery Now Belongs To Saudi Arabia
Oilprice.com ^
| 17-03-2016
| Harvey
Posted on 03/17/2016 12:58:57 PM PDT by bananaman22
click here to read article
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To: bananaman22
To: bananaman22
What could possibly go wrong?
......
3
posted on
03/17/2016 1:10:46 PM PDT
by
GraceG
(The election doesn't pick the next president, it is an audition for "American Emperor"...)
To: bananaman22
Normally I am anti-regulation, BUT.....
all it would take is a few simple lines of code to fix this,
“Any company involved in base infrastructure or majority energy production of the united States SHALL NOT be owned by anyone not a citizen residing in the united states or entity based outside of the United States.”
4
posted on
03/17/2016 1:12:38 PM PDT
by
GraceG
(The election doesn't pick the next president, it is an audition for "American Emperor"...)
To: bananaman22
Good Lord. There had better be some agreement in effect, and some close supervision of what is happenign there.
Those bastards could shut crap down every time they want to, and totally hose us all.
5
posted on
03/17/2016 1:17:43 PM PDT
by
vpintheak
(Freedom is not equality; and equality is not freedom!)
To: GraceG
The gasoline supply bottleneck has been the refineries. During a glut of oil stocks, the refineries are sometimes shut down to drive prices.
To: bananaman22
This may end up being a good thing.
This “divorce” between Shell and Saudi Aramco effectively puts two refineries solely in Shell’s hands and one in Saudi Aramco’s hands, rather than all 3 being split 50/50 between the two parties.
Shell can ride out this storm, but Saudi Arabia needs cash pretty bad. My bet is they put their downstream assets up for sale sooner rather than later, and somebody will get a pretty good deal for it.
7
posted on
03/17/2016 1:25:20 PM PDT
by
Zeppelin
(Keep on FReepin' on...)
To: bananaman22
What if they pack it up and take it home??? How big are these refinery things anyway?
8
posted on
03/17/2016 1:29:40 PM PDT
by
babble-on
To: Zeppelin
I concur. Motiva Port Arthur will soon be sold. The Saudis have a lot of people on welfare who want their money on a regular basis.
9
posted on
03/17/2016 1:32:12 PM PDT
by
abb
("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
To: babble-on
What if they pack it up and take it home??? How big are these refinery things anyway?ROFLOL!!!!
10
posted on
03/17/2016 1:32:28 PM PDT
by
Osage Orange
(The GOPe.....are actually worse than the Dim's)
To: bananaman22
Shell isn’t a U.S. company either............
11
posted on
03/17/2016 1:33:27 PM PDT
by
Osage Orange
(The GOPe.....are actually worse than the Dim's)
To: bananaman22
hmmmm.....look for frequent refinery fires from here...
To: babble-on
13
posted on
03/17/2016 1:46:47 PM PDT
by
moose07
(DMCS (Dit Me Cong San ) - Nah. Put the Cheese down and step away.!)
To: Osage Orange
Is there really such a thing as a US company anymore?
/s (but only barely)
14
posted on
03/17/2016 1:50:44 PM PDT
by
Hugin
(Conservatism without Nationalism is a fraud.)
To: bananaman22
Better not be bringing a ham sammich in your lunchbox anymore. If not now, as soon as they're feeling their oats they'll be hiring Muzzies from all over to replace the Christians working there. Count on it.
15
posted on
03/17/2016 2:00:40 PM PDT
by
Rashputin
(Jesus Christ doesn't evacuate His troops, He leads them to victory !!)
To: Hugin
16
posted on
03/17/2016 2:06:18 PM PDT
by
Osage Orange
(The GOPe.....are actually worse than the Dim's)
To: bananaman22; GraceG
I'm sure everything will be fine, you islamophobe.
Aloha snackbar!/sarc
17
posted on
03/17/2016 2:08:32 PM PDT
by
Eagles6
( Valley Forge Redux. If not now, when? If not here, where? If not us then who?)
To: WashingtonSource
Dang! There goes my low gas prices
To: babble-on
[ What if they pack it up and take it home??? How big are these refinery things anyway? ]
They can cut production to drive up prices, they can sabotage it etc etc....
19
posted on
03/17/2016 2:25:28 PM PDT
by
GraceG
(The election doesn't pick the next president, it is an audition for "American Emperor"...)
To: bananaman22
It is sounding like getting involved in Saudi Arabia in the past was a mistake.
We should have got some of our own damned oil elsewhere.
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