11-07-2021, 03:27 PM
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#161 (permalink)
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Not hypocrisy, it's a business practice; dealers don't get high on their own supply.
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11-07-2021, 03:37 PM
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#162 (permalink)
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It's all about Diesel
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Quote:
Originally Posted by freebeard
dealers don't get high on their own supply
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Doesn't seem to be much of a one-size-fits-all strategy. Some other oil-exporting countries such as Saudi Arabia, and even Venezuela, used to be way more fond of gas-guzzlers locally, relying on a heavily subsidized fuel pricing policy.
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11-07-2021, 09:13 PM
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#163 (permalink)
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A good business practice.
Wasn't Venezuela at 4 cents a gallon or something?
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11-08-2021, 01:54 AM
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#164 (permalink)
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It's all about Diesel
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Quote:
Originally Posted by freebeard
Wasn't Venezuela at 4 cents a gallon or something?
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I don't remember fuel prices in Venezuela, yet Hugo Chávez attempted a large CNG conversion program to decrease the demand for gasoline and Diesel fuel there and release a larger amount of those for export. CNG was supposed to be provided for free, as it's much harder to export (even though Malaysia exports LNG, which is turned back to the vapour phase at the destinations and fed into pipelines), and the conversions were fully subsidized.
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11-08-2021, 12:32 PM
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#165 (permalink)
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Venezuela
Quote:
Originally Posted by freebeard
A good business practice.
Wasn't Venezuela at 4 cents a gallon or something?
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CAR and DRIVER used to publish an assortment of global retail fuel prices.
In September, 1973, the US Air Force was paying:
* 11-cents / gallon JET-Fuel JP-4
* 12-cents / gallon MOGAS
* 13-cents / gallon AVGAS 115- 145 Octane
* Retail Diesel was 18-cents / gallon ( Southern California )
* Retail Regular Leaded gasoline, 25-cents / gallon ( Southern California )
* Wellhead price, West Texas Intermediate Crude, $ 3.00 / barrel
* Wellhead production cost, $ 2.90 / barrel
* Wellhead production cost, Saudi Arabia ( ARAMCO) $ 0.25 / gallon
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*Early to mid-1990s, Venezuela might have been $ 0.13 / gallon ( US Dollars )
* Exxon gasoline, refined on Oahu Island, and exported 2,561-miles to California, from Hawaii, sold in Yosemite National Park, for less than in Honolulu.
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11-08-2021, 08:11 PM
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#166 (permalink)
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It's all about Diesel
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Blame it on the taxation, but anyway, I didn't even know there was a refinery in Hawaii.
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11-10-2021, 12:29 PM
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#167 (permalink)
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refinery
Some aerial footage of the aftermath of December 7th, 1941 attack on Pearl Harbor, Oahu, Hawaii, contains footage of the U.S. Naval tank battery there.
If you visit the USS Arizona Memorial today, you'll see oil still leaking from the ship, 80-years on.
The crude oil originates from the Dutch East Indies, which were immediately seized by Japanese Imperial forces.
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11-10-2021, 01:51 PM
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#168 (permalink)
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CR -- Never knw there is a refinery in Wyoming.
Just A Car Guy: the world’s smallest oil refinery is just outside of Lusk, Wyoming
Quote:
Roy Chamberlain and James Hoblit, two working class oilmen, built the refinery in 1933 from parts scrounged from defunct refineries around central Wyoming. It operated for 45 years, providing heating oil, gasoline, and a handful of jobs for the people of Lusk. It changed hands but kept running until 1978. After that it was shuttered for 20 years.
With the dedication of some local oil workers, the new owner who bought it after learning of it in 1998 got the refinery working. That earned it recognition by Guinness World Records as the smallest operating oil refinery at a capacity of 190 barrels of crude a day.
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I don't know where they get their crude oil. The pipelines being choked off run through the Dakotas and Michigan.
edit: I followed JACG's link. It's more of a museum than a refinery.
Quote:
Wyoming holds about 2.3 percent of America’s known oil reserves today, ranking between California and Louisiana as the eighth largest oil producing state.
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Last edited by freebeard; 11-10-2021 at 02:17 PM..
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11-10-2021, 06:43 PM
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#169 (permalink)
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190 barrels is around 1000 gallons, so maybe two tanker loads?
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11-10-2021, 08:34 PM
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#170 (permalink)
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It sounds like the output is less important than the history.
Quote:
Built to be operated entirely by steam, the center of the operation lies in a metal-sided building that houses two historically important stills, industrial relics that predate the state of Wyoming. Today, the site contains the original Spanish-style refinery office, a dozen salvaged steel storage tanks, and a building housing the heating elements for refining. In summer, tumbleweeds, and tinder dry grass make the refinery district look like the back forty of many ranches. In winter, the metal shack blocks the wind and concentrates the odor of fuel, dust, and rust. It smells the way industrial America used to smell.
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__________________
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.Without freedom of speech we wouldn't know who all the idiots are. -- anonymous poster
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.Three conspiracy theorists walk into a bar --You can't say that is a coincidence.
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