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Gas Prices Still Going Up, Refineries Shutting Down
Boise Weekly ^ | March 18th | George Prentice

Posted on 03/19/2012 6:44:11 AM PDT by Halfmanhalfamazing

Energy industry analysts say there's no relief in sight at the nation's gas pumps.

While prices jumped 6 percent in February, market experts said many of the nation's refineries have been idled or shut down permanently because their owners claimed they were losing money on them. According to the Wall Street Journal, Sunoco is expected to close another of its large refineries this July, "taking another 335,000 barrels per day in production capacity off the market."

(Excerpt) Read more at boiseweekly.com ...


TOPICS: Front Page News; News/Current Events
KEYWORDS: 2012; democrats; gasprices; nobama2012; obama; refineries; refinery; shuttingdown
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Now this is sad. Gas prices are rising, refineries are shutting down, and the MSM can't find a politician to heckle about it. They can't even find time to report on it honestly.

The Boise Weekly. The Boise Weekly! That's who's covering the story! In any other outlet that I'm seeing covering this(including Fox) the shutting down of refineries is treated as some secondary matter? It's not hard to make this connection.

And nowhere do I see the role of government, Obama, Cass Sunstein, and regulation being highlighted.

How can coverage be this skewed, even in what's supposed to be 'our media'?

1 posted on 03/19/2012 6:44:19 AM PDT by Halfmanhalfamazing
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To: Halfmanhalfamazing
Photobucket
2 posted on 03/19/2012 6:48:27 AM PDT by baddog 219
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To: Halfmanhalfamazing

Your link is bad.


3 posted on 03/19/2012 6:48:35 AM PDT by Former Proud Canadian (Obamanomics-We don't need your stinking tar sands oil, we'll just grow algae.)
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To: Halfmanhalfamazing

Do you have a working link to the full article?


4 posted on 03/19/2012 6:48:35 AM PDT by the_devils_advocate_666
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To: Halfmanhalfamazing
http://www.boiseweekly.com/CityDesk/archives/2012/03/18/gas-prices-still-going-up-refineries-shutting-down
5 posted on 03/19/2012 6:49:20 AM PDT by Joe the Pimpernel (Islam is a religion of peace, and Moslems reserve the right to behead anyone who says otherwise.)
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To: Halfmanhalfamazing

Meanwhile, the drumbeat of Bolshevik Dictator Baby-Doc Barak continues to grow louder - - - .


6 posted on 03/19/2012 6:50:47 AM PDT by Graewoulf (( obama"care" violates the 1890 Sherman Anti-Trust Law, AND is illegal by the U.S. Constitution.))
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To: baddog 219

the logo is humorous if not for the fact that this whole situation is a pathetic piece of SH*T.


7 posted on 03/19/2012 6:50:56 AM PDT by television is just wrong
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To: Halfmanhalfamazing
"How can coverage be this skewed, even in what's supposed to be 'our media'?"

See Charles Murray's book "Coming Apart" for the answer. The short and dirty is that "the media" is part of "the new upper class" which has isolated itself from the rest of America and has RADICALLY different (mostly eurosocialist) ideas.

8 posted on 03/19/2012 6:52:07 AM PDT by Wonder Warthog
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To: Halfmanhalfamazing
refineries are shutting down,

We now have more refining capacity than we use. The many years of upgrading and expanding existing refineries, combined with our falling demand, has left us with an excess of refining capacity. We are now a net exporter of refined products (diesel, jet fuel, etc) because we make more than we use.

We still import ~9 million barrels per day of crude oil. The cost of the crude oil is the reason gasoline, diesel, etc is so high.

9 posted on 03/19/2012 6:53:01 AM PDT by thackney (life is fragile, handle with prayer)
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To: Halfmanhalfamazing

The thing about gas prices is, you can try and bury the news on page C12 if you want to, but people are aware, even people who don’t have cars and have to listen to people bitch when the want to bum a ride. Gas prices can’t be spun, seasonally adjusted or ignored. And the administration knows it.


10 posted on 03/19/2012 6:56:40 AM PDT by fhayek
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To: Halfmanhalfamazing
Gas Prices Still Going Up, Refineries Shutting Down


11 posted on 03/19/2012 6:57:13 AM PDT by massmike (Massachusetts: If they had just kept hanging witches a bit longer...........)
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To: Halfmanhalfamazing
While prices jumped 6 percent in February, market experts said many of the nation's refineries have been idled or shut down permanently because their owners claimed they were losing money on them. According to the Wall Street Journal, Sunoco is expected to close another of its large refineries this July, "taking another 335,000 barrels per day in production capacity off the market."

And where is this added cost coming from? I suspect the Gov't is "there to help", once again. A company exists to create a profit, and if it cannot create a profit - it will cease to exist. Because these refineries are not closing down for "maintenance" - you cannot say that this is a huge big-oil plan to jack the price of gasoline up. When a plant permanently closes it's doors we lose capacity, we lose the ability to regain that capacity, we lose jobs and the price of gas goes up higher - increasing the cost of doing business - and causing further job erosion.

And, IMHO, we can largely thank the Environmentalists for this, as a huge amount of the cost of running these plants, is meeting goals arbitrarily set forth by a party without any financial interest in the success of these companies.

12 posted on 03/19/2012 6:57:22 AM PDT by Hodar ( Who needs laws; when this FEELS so right?)
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To: Halfmanhalfamazing
While prices jumped 6 percent in February, market experts said many of the nation's refineries have been idled or shut down permanently because their owners claimed they were losing money on them. According to the Wall Street Journal, Sunoco is expected to close another of its large refineries this July, "taking another 335,000 barrels per day in production capacity off the market."

And where is this added cost coming from? I suspect the Gov't is "there to help", once again. A company exists to create a profit, and if it cannot create a profit - it will cease to exist. Because these refineries are not closing down for "maintenance" - you cannot say that this is a huge big-oil plan to jack the price of gasoline up. When a plant permanently closes it's doors we lose capacity, we lose the ability to regain that capacity, we lose jobs and the price of gas goes up higher - increasing the cost of doing business - and causing further job erosion.

And, IMHO, we can largely thank the Environmentalists for this, as a huge amount of the cost of running these plants, is meeting goals arbitrarily set forth by a party without any financial interest in the success of these companies.

13 posted on 03/19/2012 6:57:34 AM PDT by Hodar ( Who needs laws; when this FEELS so right?)
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To: fhayek

so what’s next? Is Maxine Water’s dream of a “socialized” oil industry about to become reality?


14 posted on 03/19/2012 6:58:04 AM PDT by Buckeye McFrog
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To: Hodar
And where is this added cost coming from?

From the rise in crude oil used to make the gasoline.

15 posted on 03/19/2012 6:58:53 AM PDT by thackney (life is fragile, handle with prayer)
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To: baddog 219
This will definitely be confiscated and re-used.


16 posted on 03/19/2012 6:59:51 AM PDT by USS Alaska (Nuke the terrorists savages.)
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To: thackney
The cost of the crude oil is the reason gasoline, diesel, etc is so high.

I don't think crude has gone up that much; its that our Dollar is so damn weak that we are "paying" more.

17 posted on 03/19/2012 7:01:58 AM PDT by Michael Barnes (Obamaa+ Downgrade)
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To: Buckeye McFrog
so what’s next? Is Maxine Water’s dream of a “socialized” oil industry about to become reality?

Perhaps skyrocketing fuel cost will be the 'national emergency' that triggers Obama's new executive order?

18 posted on 03/19/2012 7:02:37 AM PDT by Right Brother
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To: Halfmanhalfamazing

Just part of the Obama poverty dynamic. Deficit spending, record borrowing, unsustainable debt, war on carbon energy sources, dollar printing, unfunded entitlements, business killing EPA and Dept. of Energy rules and regulations, high taxes and look what you get.Fools a lot of people. Obama is the most evil and bizarre man to hold the Presidency. Given a billion dollar reelection fund directed at muddled voters in battleground states, combined with monumental fraud, this clown parade may continue.


19 posted on 03/19/2012 7:03:18 AM PDT by allendale
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To: Graewoulf

I like that!! Baby Doc Barak!

Nobama has no intention of dropping gas prices..... until October. And then only back to $5.


20 posted on 03/19/2012 7:07:51 AM PDT by X-spurt (Its time for ON YOUR FEET or on your knees)
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