LEFT BLOG

Where today’s left ideology gets written

No new refineries have been built in the US in 29 Years

Report here. (They’re not cheap at $2 B – $4 Billion each. here).

June 13, 2008 - Posted by solutionshere | Uncategorized | | 4 Comments

4 Comments »

  1. actually one of the problems is the huge regulation of the petroleum industry. The environmentalists who try to prevent the refineries from being built even though gas is approaching 5 dollars per gallon. Plus the fear that the price controls that occurred during the nixon and carter administration might be reinstituted making investing in oil exploration unprofitable. I hope you start responding to the commentors on your blog it would make it much more entertaining.

    Comment by jonathan | June 14, 2008

  2. What’s behind today’s explosion in gas prices?

    If you can figure out the causes, you’re doing better than even the Saudis, who have scheduled a VIP meeting for top oil players for June 22. This move reveals (1) they think they’ve lost control over prices, but (2) previously they did have control. See:

    http://www.businessweek.com/globalbiz/content/jun2008/gb20080613_724623.htm?campaign_id=rss_daily

    Gas prices? Today everybody’s pointing their finger in twelve different directions.

    Exxon’s CEO recently said normal price dynamics don’t apply anymore, because oil is now a tool of international politics.

    Or is it simple speculation (greed) as Engdahl writes? If true, then in an unregulated market, we can expect this is all just the beginning:

    http://www.globalresearch.ca/index.php?context=va&aid=8878

    If there are currently no price controls on gasoline sales, what regulations are there?

    Taxes, of course. State and local sales taxes have correspondingly jumped, so city managers aren’t complaining.

    With food prices inflating, rents high, price controls on gas might bring some proportion back into our weekly budgets.

    We’ll wait. Let’s see what kind of profits the oil companies make.

    But two truckers protesting fuel prices recently died in Europe. So we’re going to want some answers:

    http://news.yahoo.com/s/afp/20080610/ts_afp/europeinflationprotestenergytransport

    leftblog

    Comment by leftblog | June 14, 2008

  3. dems just voted against a measure that would have allowed us to drill off of florida (china and france are allowed to drill there, but not us though… backwards?)

    environmentalists and the left are the root cause of the oil problem today. let us drill and refine and gas prices will be like they were in the 40s. The policies of the left are what causes us to reply on foreign oil and pump money into terrorist havens. Why empower those animals? seems liek a no brainer to me.

    there are more polar bears today than there were 40 years ago. so screw the bears. humans are more important than animals anyway – get your priorities in line.

    so in short – lets use our own oil until we can figure out a new technology that is better.

    Comment by Anonymous | June 16, 2008

  4. Liberals won’t let Conservatives drill for oil. That’s the problem. Period.

    Comment by Matt | June 16, 2008


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