Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Logophile
You mentioned oil drilling as one of the fundamental ways to create wealth. What about refining the oil?

I hate to jump into someone else's conversation, but I will anyway. Refining oil is a manufacturing process. You take a raw material (crude oil) and process it into a finished product (gasoline, kerosene, and other chemical products), and that is the essence of manufacturing in nut shell.

99 posted on 09/30/2005 4:09:45 PM PDT by Surtur (Free Trade is NOT Fair Trade unless both economies are equivalent.)
[ Post Reply | Private Reply | To 41 | View Replies ]


To: Surtur
I hate to jump into someone else's conversation, but I will anyway. Refining oil is a manufacturing process. You take a raw material (crude oil) and process it into a finished product (gasoline, kerosene, and other chemical products), and that is the essence of manufacturing in nut shell.

I agree that refining is manufacturing, and so does the original poster. But what about my follow-up question: Do the engineers who design the refinery also create wealth?

(By the way, please feel free to jump in at any time—these are very public conversations.)

104 posted on 09/30/2005 4:49:47 PM PDT by Logophile
[ Post Reply | Private Reply | To 99 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson