This
comes from a retired oil executive who spent over 40 years in the
industry.
The Closure Of The U.S. Oil Refinery
Industry In The Past 2
Years...
In 2010, there were 149 operable U.S.
refineries with a combined capacity of 17.6 million barrels (2,800,000 m3) per
day. Something odd started happening in late 2010-early 2011. The US oil
refinery industry quielty announced the closure of numerous US oil refineries.
Many are completely unaware the US ships oil overseas to be processed. We do so
as we do not have enough refineries to process the vast amounts here, and we are
barred from building anymore refineries. All refineries perform three basic
steps: separation, conversion, and treatment. Pretty
simple.
Several reasons include technical and
economic factors as to why we ship it overseas to be
processed.
1. The crude petroleum is sold to the
highest bidder, NOT the nearest
bidder.
2. There are different kinds of crude
oil, such as sweet/light and dark/heavy. They have different applications and
uses.
3. Different kinds of refining processes
are needed to make different products from the crude oil. Petroleum is processed
to make lots of products other than gasoline, like plastics and
asphalt.
4. Politics, unions and the
"enviornmentalists"
How many of you are aware Sunoco,
ConocoPhillips and The HESS Corp are all closing US oil refineries? Not many, as
the media refuses to give this HUGE story coverage. My guess is that if
Americans understood the complete truth to how we are being sold out, and
enslaved there just might be the much needed revolution to turn this country
around.
Last September, both Sunoco & CP
announced plant closing, effecting thousands of workers. Sunoco announced they
are completely getting out of the oil industry. Closing up shop. They are done
with the US oil industry.
Sunoco is closing it's 2 oil refineries
in July 2012 in Philadelphia and Marcus Hook, Pa. Those 2 facilities alone
process over 500,000 barrels a
day.
Also announced last year, ConocoPhillips
announcd 2 plant closing for sure in Trainer, PA and Bayway, NJ., the other 3
plants are undecided as of today.
Conoco also announced they were closing
their Alaskan refining facility:
Just a week ago, the US 3rd largest oil
refinery owned and operated by The HESS Corp just announced it's permanent
closure. Costing over 2,000 jobs, and effecting 950
contractors:
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Refineries on the East Coast of the US
supply 40% of the gasoline sales and 60% of the diesel and other fuel
oils. Of that, HALF that comes from the Sunoco
& ConocoPhillps plant
closures.
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When ConocoPhillips announced that it
was closing the Trainer refinery, Willie Chiang, then ConocoPhillips' Senior
Vice President of Refining, Marketing, Transportation and Commercial, noted that
their decision to sell, like Sunoco's, was based on unfavorable economics caused
by a competitive and difficult market environment characterized by "...product
imports, weakness in motor fuel demand, and costly regulatory
requirements."
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They are ALL closing up shop due to
government regulations, union demands and excessive operating costs brought on
by the government regulations.
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Then you have the unions, led by Barry's
buddy Leo Gerard saying they will close ALL US oil refineries starting from the
east coast to west coast today.
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The unions are shutting down ports, rail
and air across the pond right now......the SAME EXACT thing they plan on doing
here. When the ships stop importing, the rails & air stop delivering....how
much is everything you consume going to cost? Remember...we are a CONSUMING
country, no longer a producing one.
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The excessive and costly gov regulations
on the US oil refinery market has forced companies to re-evaluate the cost of
doing business here in the US .
Why have operations in the US where you
bleed money via regulations & demands, when you can have refineries built in
Columbia, Mexico or Brazil for pennies on the dollar, and less
regulations?
It's all business America ...nothing
personal.
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Besides.....your government is giving
BILLIONS to Columbia and Brazil to build refineries to process all that oil the
US is losing.
We are building up every country on
earth, while destroying our own....all in the name of redistribution of
wealth.
I covered some of these "deals" Barry
inked in my previous note:
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You do the math. When the US oil
refineries finally close up shop, who will process all that oil....and how much
do YOU think that oil will cost when it's ALL processed over
seas?
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Think gas and energy costs are high
right now.......wait 6 months. You haven't seen anything
yet.
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How can anyone expect any company to do
business with an anti-American, hostile gov out of control? You can't. That is
why we are seeing a mass exodus, across the board in every industry in the US
LEAVING.
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