Just one of the reasons gas is expensive

[sammyg2]

AP
New Refinery Standards Proposed
Tuesday May 1, 6:34 pm ET
By Alan Zibel, AP Business Writer
EPA Proposes New Emission Standards for Oil Refinery Upgrades


WASHINGTON (AP) -- The Environmental Protection Agency has proposed new emission standards that oil companies would need to follow when making additions or modifications to oil refineries.
The new standards follow the settlement of a lawsuit with environmental groups that said the agency had been slow to adopt such changes.

The new standards could cost the industry, including refiners such as Valero Energy Corp. and Tesoro Corp., a total of $54 million annually, the EPA said Tuesday, a day after proposing the amended standards.

The Sierra Club and Our Children's Earth Foundation had sued the EPA, arguing that it failed to update emissions limits for new or modified units at oil refineries.



Just a note, these proposed "new standards" are darned near impossible to reach in real life, much less maintain over a period of years.
In other words, the tree huggers have made it even harder for oil companies to expand capacity.
I wonder if burning environmentalists (and their lawyers) would add to global warming?

[nostatic]

yeah, let's go back to the air quality we had in LA in the 60s...

[M.D. Holloway]

The beginning of CSR - this will open up new career opportunities (like what ISO did years ago).

[sammyg2]

Nice comment. Too bad it is without even the slightest bit of relevance, accuracy, information, or knowledge of this subject.

These new standards are not just tighter, they are by design prohibitive.
Refineries are already immaculately clean as far as emmissions when compared to the 60's as you mentioned, but now they have basically made it illegal to expand, modify, or add capacity to an oil refinery. Eventuually they will wear out to the point where they will no longer be rebuildable. Then we will all be enjoying the fresh air while we starve.
No gas, no economy, no jobs, no food, no life (for most of us).

[Jim Sims]

One day the gasoline will be gone and this stupidity will end but life will go on.

[nostatic]

Jim, that is crazy talk. We'll always have gas and always have traffic. If only the idiotic environmentalists would get out of our way everything would be just dandy!

I wonder what the stockholders of Valero and Tesoro think? They must be pissed!

oh wait...

[speeder]

I saw a Subaru up here in New England w/ bumper stickers all over it that said stuff like "I don't just hug trees, I kiss them!" and my favorite,

"Stumps don't lie..."

I thought of Sammy and all the other anti-environment Republican douches out there whose minds are too small to imagine a clean world where you could still make a buck.

[madmmac]

I don't see a financial ruin to Tesoro with a 10 year chart like this.

http://quicktake.morningstar.com/stocknet/Income10.aspx?Country=USA&Symbol=TSO&pgid=qtqnlinkfinstate

[legion]

Who's making money off of this?

The employees of the massive government bureaucracy.
The people who sell snake-oil "carbon offset credits". (coughAlGorecough)
The people who write books and go on TV shows telling us all the earth will be a barren wasteland at some undefined future point if we don't all incur great personal cost and listen to them.

[thrown_hammer]

How do you make a 10 BILLION dollar profit in three months with such strict regulations? That’s a trick right there.

Also never trust an environmentalist driving a car that burns gasoline. Bumper stickers are not credit towards the pollution you are streaming into the atmosphere. But if you make a movie about it all sins are forgotten.

[hardflex]

"it will cost the industry 54 MILLION anually" or roughly 14 million per quarter, compared to 10BILLION per quarter in profits by just 1 company. By my calc's that's .014 percent.

[vanwyk4257]

It's pure unmitigated arrogance to think that mankind is powerful enough to affect out global climate. The fact is that global warming is a natural cycle in our planet's history, that is proven fact, conveniently ignored by environmentalists and scientists who must continue to propogate the myth of man-made global warming to keep lining their pockets with research grants.

More to the point (or at least the topic) the simple fact of the matter is the environmentalists and their ilk don't care about the economy, they don't care about America's quality of life, they care more about the damn trees than the people who live here. The point isn't that the standards aren't able to be maintained as proposed by the EPA, nor is it that this will cripple our ability to refine fuel in the future as Sammy points out. The point as far as the environmentalists are concerned is that none of that matters as much as trying to save a tree!

Frankly I think it's a shame more of them don't go chain themselves to trees and lose the key!

[Tim Hancock]

Originally posted by vanwyk4257
It's pure unmitigated arrogance to think that mankind is powerful enough to affect out global climate. The fact is that global warming is a natural cycle in our planet's history, that is proven fact, conveniently ignored by environmentalists and scientists who must continue to propogate the myth of man-made global warming to keep lining their pockets with research grants.

More to the point (or at least the topic) the simple fact of the matter is the environmentalists and their ilk don't care about the economy, they don't care about America's quality of life, they care more about the damn trees than the people who live here. The point isn't that the standards aren't able to be maintained as proposed by the EPA, nor is it that this will cripple our ability to refine fuel in the future as Sammy points out. The point as far as the environmentalists are concerned is that none of that matters as much as trying to save a tree!

Frankly I think it's a shame more of them don't go chain themselves to trees and lose the key!

+1

[scottmandue]

Originally posted by vanwyk4257
It's pure unmitigated arrogance to think that mankind is powerful enough to affect out global climate.

Yeah, that's the ticket... the fact that you can see pollution from outer space is probably an optical illusion.

[speeder]

Originally posted by vanwyk4257
It's pure unmitigated arrogance to think that mankind is powerful enough to affect out global climate. The fact is that global warming is a natural cycle in our planet's history, that is proven fact, conveniently ignored by environmentalists and scientists who must continue to propogate the myth of man-made global warming to keep lining their pockets with research grants.

More to the point (or at least the topic) the simple fact of the matter is the environmentalists and their ilk don't care about the economy, they don't care about America's quality of life, they care more about the damn trees than the people who live here. The point isn't that the standards aren't able to be maintained as proposed by the EPA, nor is it that this will cripple our ability to refine fuel in the future as Sammy points out. The point as far as the environmentalists are concerned is that none of that matters as much as trying to save a tree!

Frankly I think it's a shame more of them don't go chain themselves to trees and lose the key!

The intellectual speaks!! Hear, hear!

It's more than one tree, dip*****.

[Superman]

Originally posted by vanwyk4257
It's pure unmitigated arrogance to think that mankind is powerful enough to affect out global climate.

Whoa! It has, at times, been very interesting to discover some of the stuff people believe. I'm remaining open to the possibility that this Global Warming thing has been blown out of proportion. I'm listening to you guys. Until I see statements like this. Here we have someone concluding that the very thought of entertaining the possibility that our actions might potentially have an affect on the weather is "unmitigated arrogance." In my ongoing search for new information, I have to evaluate whether a particular source is credible. Vanwyk is dismissed.

Hardflex's calculations are illuminating but erroneous. If ONE OIL COMPANY had to pay the ENTIRE annual cost of this regulation to the entire industry, it would eat into profits at the rate of less than FOURTEEN TEN-THOUSANTHS OF A PERCENT (.00135%).

Bashing the gubmit is fun for you guys and I want you to have your fun, but please check to see if your assertions pass the "straight face test" before posting here.

[nostatic]

more's the pity...

[legion]

Supe, do you think refiners are going to raise prices .014% using this as an excuse, or a more significant amount?

[lendaddy]

Originally posted by Superman
Hardflex's calculations are illuminating but erroneous. If ONE OIL COMPANY had to pay the ENTIRE annual cost of this regulation to the entire industry, it would eat into profits at the rate of less than FOURTEEN TEN-THOUSANTHS OF A PERCENT (.00135%).

Actually you're both wrong, it's .14%, not that it matters.

Please don't take jobs with Verizon

[vanwyk4257]

Originally posted by speeder
The intellectual speaks!! Hear, hear!

It's more than one tree, dip*****.

Okay, maybe two trees and a canibus plant for all you hippies!