infidel

My son in law is an engineer on a Chevron super tanker.
He tells me sometimes they will sit idle with a full load of crude for a few weeks off the Texas coast waiting for the price per barrel to go up.
Shortage my azz.

Dieselbuilder

I have a Friend who drives super train tankers back and forth across the border Canada and US halling fuel same fuel from one tank farm to another THEY MAKE MONEY ALL ON TAX CREDITS my tax dollars if thats not a rip off to the consumer what is

Red3quarter

I have a BP refinery about 25 miles from me in Whiting Indiana, yeah it stinks but so do all the big steel mills too. BP has a big project going at the refinery to allow it to refine the canadian crude. Not many tree huggers trying to shut it down, the refinery is in an area with alot of heavy industry, many of the local population employed at it, the steel mills, railroads, or the power plants.

SLSD400exGUY

well its dropped a little in michigan around me now. was about 4.19ish i got it this morning for 3.85 cheapest ive seen...still around 4.00 on average its looking

joem

S15 fuel mandate is expensive, and some areas like mine now require B5 that also adds $$. Makes that vw jetta TDI more expensive to drive than my old civic

dodgeguy71

This discussion is going on at a different forum. A guy I know gave us some inside information as he deals with the oil and gas and it had costs per metric ton, 7.33 barrels in a metric ton and you would not believe the cost of #2 diesel. Wjat I mean is, you would not believe how cheap it was per gallon.

The odd thing about it was this. The sheet he gave me was current, from this week and good for 10 days or something. It had #2 diesel pricing per metric ton and ALL gasoline pricing per metric ton. I can't remember the exact number but it seems like the difference in what the buyers pay for gas/diesel was only about 10-15 cents. This was refined, off the dock shipped prices. Now somewhere between there and here in the deep blue sea they add on another 50-60 cents to diesel.

Now, if this was a supply issue, South America, Europe etc., I believe that the prices off the dock would be 50-70 cents different right off the bat in your initial buying prices but they are not, as I stated it was only about 10-15 cents different. Why the big difference, that I can't answer, to me though something smells funny.

infidel

Could it be because of the road tax that only the end user has to pay at the pump?
Tax varies per state but averages 54¢/gallon.

dodgeguy71

We pay 41 cents tax in Tennessee but this 41 cents added to the initial cost of diesel and gas(bought off the dock) would still only have a difference of 10-15 cents because both get the same tax(here). That's not the case though, diesel and gas get the 41 cents added and then diesel is still 70 cents more expensive that gas(here in TN).

stidwell

Let me pose this question and anyone who can answer it please do...

When was the last time a refinery was built on US soil?

Sometime in the 60's or 70's?

Yeah there have been several that have blown up or caught fire and been rebuilt, but the refining technology is still old.

Don't you think that at some point the refining system is in need of an upgrade to become more efficient????

rather than putting a bandaid on emissions (i.e. DEF fluid) why not concentrate on making fuel faster, using less energy.... wouldn't this lower the cost of fule as well....

just my $0.02, but the longer we allow ourselves to have the sheets pulled over our eyes, the more it will happen...

infidel

Old argument made up by politicians that even the oil companies say is ridiculous.
The refiners say they have no need to build new refineries.
Expanding and modernizing the old ones has increased output enough to keep well ahead of demand.
There hasn't even been any permits applied for to build new refineries in 40 years.

MikeyB

Supposedly two refineries are in the works. Arizona and South Dakota.

http://www.arizonacleanfuels.com/
http://www.hyperionec.com/

MikeyB

Dieselbuilder

It will make absolutely no difference they will do what they want. The Government made Bill Gates out to be a criminal because of Windows system when there are others systems out there. The oil companies still have a monopoly they talk to each other and set the price to make them selfs billions and collect from the tax payers to do so. The Rich get richer and the poor get poorer and the middle class will disappear Mark my words on day the people will revolt history has dictated this.......

infidel

I believe you.
The occupy people are just the beginning even though they aren't very organized.
The way money now runs our politicians isn't much different than the corrupt governments in third world dictatorships.
Biggest difference is it's legal here.

Dieselbuilder

Amen to that the honset crooks are in jail the bad ones sit in a bought Goverment seat!!!!!!!!!!!!!

Grey Wolf

Bill the same thing in the seventies there were tankers just sitting out in the L.A. harbor waiting to be unloaded. I remember one refinery tech that used to come over to a friend of mines shop saying all we have to do is turn a few valves and we could flood all of L.A. with fuel. At the same time there were lines, odd and even buying, fights and I remember a shooting death all because of that BS....