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

To: cva66snipe
We do need more regional storage capacity. In SEPT 2008 if memory serves me right several southeast states were literally shut down in a matter of a couple of days due simply from refineries in the Gulf shutting down ahead of a hurricane.

So how many days of storage do you think should be kept at each station? How big a hazard would that be at a retail location and how much space would it take?

And you certainly are getting far from the justification the poster was using to shut down all future trading in crude oil.

81 posted on 05/05/2011 4:50:44 PM PDT by thackney (life is fragile, handle with prayer (biblein90days.org))
[ Post Reply | Private Reply | To 78 | View Replies ]


To: thackney
So how many days of storage do you think should be kept at each station? How big a hazard would that be at a retail location and how much space would it take?

Ever hear of Tank Farms or distribution centers? That was what was cut off in the southeast in the event I was talking about. My city was the first on the pipeline to be shut off in the southeast actually. I know that that distribution center is still running on the storage capacity {tanks} that were put in place there in the 1960's I think it was.

Now when that happened gas shot up to nearly $5.00 a gallon in East Tennessee and BTW Knoxville is the regional HUB or Tank Farm sitting on the pipeline itself. Guess what broke the prices faster than anything? About three or four stations to the north {20 miles away} who bought gas pumped from wells and mini-refined locally in a nearby county. The gas 20 miles away was much cheaper than a stations across the street from the tank farm. IIRC at one point they were almost two dollars cheaper. I remember it because I went there about once a week and filled up since I had to go there anyway. Under normal conditions that area's gas stations was and still are serviced {supplied} out of Knoxville.

I'm not trying to shut down trading. But it is a national security issue when and if the refineries in the Gulf have to close for a few days and a whole region of the U.S. has no gas. That can be prevented with more tank farms. We also need ore domestic drilling and refineries up and running in nplaces other then the Gulf. Doing so would do no harm economically. So why isn't it? Market manipulation perhaps?

87 posted on 05/05/2011 6:23:59 PM PDT by cva66snipe (Two Choices left for U.S. One Nation Under GOD or One Nation Under Judgment? Which one say ye?)
[ Post Reply | Private Reply | To 81 | 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