Quote:
Originally Posted by sammyg2
Lots of talk about this subject in the industry.
One thing they won't tell you is, The long term plan of the current "group" is to eliminate the domestic refining business and force it over-seas. That process is already well underway.
If we can't process the crude oil here, of course we'll have to export it.
BUT ..... and that's a really big BUT .... we'll still have to import the finished products at greatly elevated prices.
Eliminate the American jobs, force them to go to India and indonesia, and then pay lots more for a product that used to be made here. What could go wrong with that plan?
Our entire economy wouldn't be at risk if most of our gasoline and diesel is being shipped across the ocean in realy large slow-moving boats, right?
We would never have to worry if most of our fuel is being made in very large stationary refineries (aka targets) in places that have absolutely no security, right?
Guess they conveniently left that part out of the press release.
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I have wondered why Mexico doesn't build more refineries and export gasoline and finished hydrocarbons to the US.