July 25, 20223 yr On 7/23/2022 at 1:32 PM, JohnSnowsHair said: How many new refineries were even started under Trump? Riot kitchen got ****slapped and went with "but Trump" Hate to see it
July 25, 20223 yr 34 minutes ago, mikemack8 said: Riot kitchen got ****slapped and went with "but Trump" Hate to see it WTF are you talking about? If you think I was the one slapped down you're as dumb as the resident drunk. Refinery capacity in this country has been getting squeezed for decades. And despite Trump being apparently awesome and friendly to oil companies, no move to expand refinery capacity happened under his watch. My point overall is that irrespective of who is in the white house, new refineries are not being built. At most some are getting some expanding and modernizing, which is going to help somewhat. But this myth that it matters much who is in the white house is just that - a myth. If Mr. "We're going a big beautiful wall and have Mexico pay for it" can't even get movement on building a new refinery, then we can either continue to pretend presidents have much ability to sway this or we can accept the fact that between NIMBYism and local, state, and federal regulations, new refineries are not getting built in the US. Because the last high capacity refinery to be built here was during the Carter administration.
July 25, 20223 yr 23 minutes ago, Ipiggles said: True. Trump has no chance of getting it. Not even his wife wants to touch his fat a**. But if we're talking 80's/AIDS epidemic, I'd have put him at about an 8.
July 25, 20223 yr On 7/23/2022 at 1:11 PM, JohnSnowsHair said: NO. Ef'ing learn something. 90% of oil production in the US in on private land. Federal permits are a very small piece of the pie, especially in the short term. Oil production under Obama nearly doubled during his time in office. Go ahead and point to all the oil friendly policies he put in place. Oil production is affected by a broad range of factors, very few of which the president influences especially in the short term. It's not fair to say it's wholly independent of the policies coming out of the White House, but most of what factors in to production IS independent. The only reason you and other Trump adjacent posters push this line of reasoning is because it paints a pretty narrative. A narrative that is not bolstered by the facts. This doesn't even get into refinery capacity. But I've already written more than you'll care to internalize so I'm going back to my lunchtime beer. On 7/23/2022 at 1:30 PM, iladelphxx said: 3 of my biggest customers are oil pipeline companies and refineries. I talk to them weekly I'll take their info. Investment in capacity is down because of policy. EPA regs, canceled drilling permits, canceled pipelines and the the overall rhetoric is scaring away investment into domestic production. On 7/23/2022 at 1:32 PM, JohnSnowsHair said: How many new refineries were even started under Trump? This exchange is just perfect.
July 25, 20223 yr On 7/23/2022 at 1:30 PM, iladelphxx said: 3 of my biggest customers are oil pipeline companies and refineries. I talk to them weekly I'll take their info. Investment in capacity is down because of policy. EPA regs, canceled drilling permits, canceled pipelines and the the overall rhetoric is scaring away investment into domestic production. On 7/24/2022 at 3:15 AM, TEW said: White House policies aren’t as important as liberal/leftist ideology. The democratic president is just one component of that, but yeah — the left is basically 100% to blame for why gas prices are where they are. They do everything they can to prevent investment in development, the litigate everything they can, they prevent new refineries from being built, and on and on. The leftist agenda is the problem here. Liberals want to completely ignore the "Green/anti Domestic Fossil Fuel" policies that the Dems have been running on and implementing. Suggesting that they have zero to do with the higher costs we are seeing now. But hey it's not the first time they make their own "facts" The Oil market is complex, but when they implement policies that make it harder and more expensive to refine in the US, and reduce future increases of avail oil to refine, which reduces the capacity of overall avail domestic OIl, It absoluetly has a negative affect on Supply/Oil pricing in the global market. They look the other way, as if their voting had zero to do with it. What makes it so laughable, we then BEG Saudi Arabia to produce more oil for posturing purposes. Like: "See we are doing what we can"
July 25, 20223 yr 1 hour ago, Kz! said: This exchange is just perfect. yeah I'll just take the word of some anonymous user on the EMB who "knows people" you only buy it because it confirms your priors. that and you're an idiot.
July 25, 20223 yr 2 minutes ago, JohnSnowsHair said: yeah I'll just take the word of some anonymous user on the EMB who "knows people" you only buy it because it confirms your priors. that and you're an idiot. Riot Kitchen getting triggered in the meme thread and freaking out about people correctly blaming democrats for soaring gas prices is the content I'm here for.
July 25, 20223 yr 54 minutes ago, Ipiggles said: Liberals want to completely ignore the "Green/anti Domestic Fossil Fuel" policies that the Dems have been running on and implementing. Suggesting that they have zero to do with the higher costs we are seeing now. But hey it's not the first time they make their own "facts" The Oil market is complex, but when they implement policies that make it harder and more expensive to refine in the US, and reduce future increases of avail oil to refine, which reduces the capacity of overall avail domestic OIl, It absoluetly has a negative affect on Supply/Oil pricing in the global market. They look the other way, as if their voting had zero to do with it. What makes it so laughable, we then BEG Saudi Arabia to produce more oil for posturing purposes. Like: "See we are doing what we can" it's been 45 years since a high capacity refinery was built in the US. since then we had 12 years of Reagan/Bush, another 8 years of another Bush, and 4 years of the loser. there's no doubt that refineries face regulatory headwinds in this country. but let's be real about what those headwinds are and where they're coming from. and the extent to which policies of the federal government are at play, because local and state regulations have at least equal say. the biggest headwinds are groups of locals that file lawsuits against any planned refineries in their neighborhood. regulations can be navigated, but fighting locals who are hellbent on preventing a refinery being built requires a lot of time and money and presents the biggest risk. then there's oil production .. 90% of which is NOT done on federal land. if there was market incentive for more production, we would be producing it. that's how markets work. reducing it down to who's in the White House is just mind-numbingly stupid. which means acting like having someone like Trump in the White House would solve a damn thing is stupid.
July 25, 20223 yr FWIW these guys seem to be setting up to be the new era refinery operation that will work in the US. most of the current high capacity refineries are built near ports, which makes some sense but also causes refinery challenges given that a lot more oil is sourced up north now than in past eras. Meridian is taking a different tact: instead of creating large scale refineries as hubs from which various grades of oil are shipped to, they want to build smaller refineries calibrated to the oil that's available in the region. the thought being that refined gasoline can then also be used locally, reducing costs across the board. it's certainly an interesting take, and it at least seems like they're starting to get some buy-in from major financers. @vikas83 you know anything about them?
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