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Oil Prices Drop Below $70 a Barrel
Yanoo ^ | 29 August 2006 | staff

Posted on 08/29/2006 7:07:13 AM PDT by shrinkermd

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To: Rembrandt
I bet if you pursue that thought with some research, you'll be shocked. There are refineries down along the TX Gulf Coast. Where else?

Alabama, Alaska, Arkansas, California, Colorado, Delaware, Georgia, Hawaii, Illinois, Indiana, Kansas, Kentucky, Louisiana, Michigan, Minnesota, Mississippi, Montana, Nevada, New Jersey, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Utah, Virginia, Washington, West Virginia, Wisconsin and Wyoming. Also Puerto Rico and the Virgin Islands. Then in Texas away from the Gulf: Big Spring, Borger, Tyler, Sunray, Three Rivers and El Paso. Plus the ones you knew about in Texas City, Corpus Christi, Sweeny, Deer Park, Baytown, Beaumont, Houston, Port Arthur, Pasadena and Silsbee.

For that research, may I recommend:
EIA, Capacity of Operable Petroleum Refineries by State as of January 1, 2006

201 posted on 08/31/2006 8:13:04 PM PDT by thackney (life is fragile, handle with prayer)
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To: Grampa Dave

Prices for Chevron gas. \

There is a Chevron station near the WVa line in Virginia that I pass every time I go to WVa. It almost always has t he lowest prices I see on my entire 120 mile drive. I think they are also more interested in alternative energy sources than some of the other oil companies.


202 posted on 08/31/2006 9:43:48 PM PDT by gleeaikin
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To: Rembrandt
That is dozens, not hundreds

We must have been posting at the same time.

Come now, have you before in your life described a number as about as large as 148 as "dozens"? Quite a stretch don't you think? You seemed to believe we only had refineries on the Texas Gulf Coast. The US has far more than that. I said a couple dozen, this is about six times greater.

Be honest, it was you that was surprised by how many refineries remain in operate in the US. You were worried of a single event at one location. That just would not make that great of a dent.

203 posted on 08/31/2006 10:42:22 PM PDT by thackney (life is fragile, handle with prayer)
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To: maica

You may want to condsider the continued new orders for tankers and the expansion of shipyards building tankers. I find this market at odds with the concept of surplus tankers storing oil at sea.

Tanker Trends
Marine Link
http://www.marinelink.com/Story/search.aspx?SearchCategory=Tanker+Trends&Dates=20060603


204 posted on 09/01/2006 8:02:00 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney

...surplus tankers storing oil at sea.

now I think I see the problem we are having in this discussion. I never meant to imply that there are surplus tankers storing oil.

I started out with the image of how traffic moves. Everyone at a red traffic light, for example, plans to continue driving when the light turns green, but all 20 cars in a line of 20 cannot start moving at the very same second. There is a ripple effect. Drivers in the back of the line are still idling when the first cars are well on their way. The same thing happens when the whole group stop at the next red light. The leaders stop while those at the end of the line are still moving.

Because of many events this summer, some tankers are not docking as quickly as the owners/brokers/refiners/whoever planned that they would when the contracts were made. It is a function of momentum vs inertia.


205 posted on 09/01/2006 8:29:48 AM PDT by maica (9/11 was not “the day everything changed”, but the day that revealed how much had already changed.)
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To: maica
You are still thinking about reduced demand. Demand has increased.

Because of many events this summer, some tankers are not docking as quickly

This is not happening.

206 posted on 09/01/2006 8:36:12 AM PDT by thackney (life is fragile, handle with prayer)
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To: shrinkermd

The price of a gallon of regular, unleaded gas has dropped almost $.20 in the last month, here in Central MA. Works for me! It didn't even go up again just before the Labor Day holiday weekend!


207 posted on 09/02/2006 11:48:25 AM PDT by SuziQ
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To: FreedomPoster

>>It's all a Rovian plot in combination with Bush's Big Oil buddies to reduce prices right before the elections. <<

You know, someone on the RV forums said exactly the same thing.
I put a big LOL on it!


208 posted on 09/03/2006 5:41:20 PM PDT by netmilsmom (To attack one section of Christianity in this day and age, is to waste time.)
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To: netmilsmom

HA! I'm prescient!

Heck, you just know that's out there in numerous places. I bet if you had a strong stomach, you could find it at KOS and DU.


209 posted on 09/03/2006 5:57:30 PM PDT by FreedomPoster (Guns themselves are fairly robust; their chief enemies are rust and politicians) (NRA)
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To: FreedomPoster

Ya got that right!


210 posted on 09/03/2006 6:16:52 PM PDT by netmilsmom (To attack one section of Christianity in this day and age, is to waste time.)
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To: shrinkermd

It's election time, of course gas prices are going to fall. I bet in November they will be the lowest in 2 years.


211 posted on 09/05/2006 11:17:38 AM PDT by Coleus (I Support Research using the Ethical, Effective and Moral use of stem cells: non-embryonic "adult")
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