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ExxonMobil and Common Sense

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  • #16
    Originally posted by T. A. Gardner View Post
    The later would make reasonable levels of sense depending on several factors:

    First, would be environmental / regulatory. It might be simply too expensive to build a new US refinery because the government regulations make it too expensive.

    Next would be efficiency. If the current refineries were upgraded and could produce more product then it might be unnecessary to build completely new ones.

    Overseas competition. It might be cheaper to refine the raw oil overseas and ship the finished product to the US than ship raw oil for processing. This would be particularly true if the regulatory situation were severe or the cost of labor and energy abroad were much lower. The cost of shipping raw oil versus finished product might be higher too.

    So, I can see reasons for that situation.

    I know at one time about a decade ago, one of the energy companies was thinking about building a new refinery at Yuma Arizona to handle Venezuelan crude but that deal fell through on a combination of Mexican corruption, US government regulatory nightmares, and then Venezuelan instability.
    You will find that the cost of building a new refinery pales in comparison to updating the old ones constantly to meet new standards, and compared to the crippling legal liabilities associated with any sort of failure of an old refinery.

    Refinery technology hs come a long way in the past forty years.
    Quis Custodiet Ipsos Custodes? Who is watching the watchers?

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    • #17
      Originally posted by Mountain Man View Post
      You will find that the cost of building a new refinery pales in comparison to updating the old ones constantly to meet new standards, and compared to the crippling legal liabilities associated with any sort of failure of an old refinery.

      Refinery technology hs come a long way in the past forty years.
      Find where?
      Any man can hold his place when the bands play and women throw flowers; it is when the enemy presses close and metal shears through the ranks that one can acertain which are soldiers, and which are not.

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      • #18
        Originally posted by Arnold J Rimmer View Post
        Find where?
        In his imagination.
        Watts Up With That? | The world's most viewed site on global warming and climate change.

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        • #19
          Originally posted by The Doctor View Post
          In his imagination.
          Thanks. It didn't seem likely.
          Any man can hold his place when the bands play and women throw flowers; it is when the enemy presses close and metal shears through the ranks that one can acertain which are soldiers, and which are not.

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          • #20
            Originally posted by Arnold J Rimmer View Post
            Find where?
            Todd Starnes told him.

            Sincerely,
            M
            We are not now that strength which in old days
            Moved earth and heaven; that which we are we are; One equal temper of heroic hearts
            Made weak by time and fate but strong in will
            To strive to seek to find and not to yield.

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