Is this valid?
________________________________
It must be. You received it in an email. And I just read it.
This email is as old as dirt.
No.
Just never buy CITGO
Citgo does get its oil from Venezuela, I believe, but it is refined here.
It’s old.
Oil is fungible. Prices go up or down for all oil no matter where it comes from. You can’t really do targeted boycotts for commodities.
By the way, this email is about 2 years old at least.
I just try to buy from American oil companies - you just don’t know what the real statistics - at least most of the monet stays in the US
The refineries buy the raw product, at the international rate. This is the latest data I have on who is selling the US oil. Source
Snopes says false: http://www.snopes.com/politics/gasoline/saudigas.asp
I don't believe so. Most crude is bought on the open, auction markets irrespective of the country of origin (upstream). The companies such as Exxon/Mobile then refine it and sell it as petrol(downstream). At the refineries, you could have a mix of origin. The only part of that which may be accurate would be CITGO which controls both upstream and downstream (ie the Venezuelan government owns both the drilling and refining capacity).
I believe small producers like Murphy just contribute to the upstream totals but it all goes into the big mix (for lack of a better term) that everyone buys from. I seriously doubt Wal Mart buys all its gas from Murphy. At that, some checking and it seems Murphy only operates in 23 states. It also looks like Murphy is vested in Middle Eastern drilling as well so they are just part of the group that does import from the ME according to their own site.
http://www.murphyoilcorp.com/about/default.aspx
Just add that info you received to one more thing on the Internet that isn't accurate.
Very old and very fake
Here’s an Oct. 2007 version of this email:
http://www.breakthechain.org/exclusives/foreignoil.html
Here’s Snopes response:
http://www.snopes.com/politics/gasoline/saudigas.asp
Here’s an example for you - all the fuel that comes into the fuel terminal in Boise, Idaho, comes in via pipeline from Salt Lake City - as I understand it, none of the oil refined at this SLC refinery is from the middle-east, but it is from the northwest (including Canada). The fuel at the terminal in Boise is exactly the same. Unless the fuel has been trucked in from somewhere else, all fuel deliveries for all fuel retailers in the Boise area (including some in eastern Oregon) come from this terminal. The fuel sits in big tanks. The only thing that distinguishes one brand from another is the mix of chemicals (Techron, Clean System 3, etc...) added to the fuel as it is delivered from the terminal to the truck for delivery. Many of the smaller or unbranded stations don’t get these additional chemicals added, and pass on the savings to you.
Most people I know buy gas where it is sold at the lowest price. Around here in the Buffalo, NY area I buy my gas at Delta Sonic Car Wash stations. It is always the lowest. I have no idea where the gas comes from nor do I care.
go look up “fungible”.
I dunno: What I do know is that we don’t need to ration or boycott anyone, we need to DRILL baby DRILL.
I cannot understand why the fools in Washington cannot figure that out. Instead they are willing to send billions a day to country’s that want us destroyed.
Regards
I have three gas stations in my area of life that sell ethanol free. I don’t care about the others.
For a person to selectively purchase gasoline exclusively from vendors supplied by refineries that include no Middle East or Ven crude in their crude mix is ridiculous.
It’s analogous to a greenie buying “100% renewable” electricity, which is one of the most brilliant market segmentation marketing schemes ever invented. All the greenie does in fact is pay a premium for his electrons, but he feels good because they’re renewable. But since is absolutely impossible to supply much electricity from such sources, everybody else pays normal rates for conventional electricity that would be produced in any case.
Plus the greenie’s actual electrons are supplied from a grid and there’s no way in fact to assure that his electrons were actually produced from a renewable source. Just like most gasoline is supplied via a common carrier pipeline system.
Regardless of whether the e-mail is current or accurate (it’s neither) the whole idea of the e-mail is palpably ridiculous.