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To: Smokin' Joe
So, we had a shortage of refining capacity instead of an oil shortage. As I recall, we buried 3-8,000 gal tanks at that new Esso station.
84 posted on 01/19/2008 6:15:11 AM PST by seemoAR
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To: seemoAR
Well, that explains the 24000 gallons of fuel.

In 1974, iirc, the arabs embargoed us and the price of a barrel of crude oil doubled overnight.

Refineries have to shut down periodically for maintenance and upgrades, otherwise, they have more serious problems and longer delays, usually after a fire or explosion.

There are many reasons why crude oil tanks can be full during a shortage, not the least of which have to do with refining capacity, but may include having just been filled with refinery feedstocks (offloading tankers--i do not know where you saw these tanks, whether at a port or inland), or waiting for pipeline space to be sent out.

In general, though, if it costs more to do than it will bring in in revenue, it probably won't get done. It is a business, not a charity.

86 posted on 01/19/2008 6:28:33 AM PST by Smokin' Joe (How often God must weep at humans' folly.)
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