Good news! Gasoline supply to be increased, with seven new refineries!

By see-dubya  •  June 12, 2008 03:43 PM

Bad news! They’re in Iran.

A senior Iranian official said the refineries would increase capacity by more than 1.5 million barrels per day and end gasoline imports.

The official said all seven refineries would begin operations by 2012.

If they don’t need to import gasoline, then I’m guessing the “we’ll embargo sales of gasoline” plan I discussed here will be pretty much moot. It might put some near-term pressure on them but unless all these new refineries are sabotaged or destroyed, there won’t be much leverage left there.

So, back to the drawing board.

Don’t say I’ve never said anything nice about the mullahs: Iran recognizes a strategic vulnerability, and they do something about it. Unlike our own unclued caribou-smooching clownshow.

_____

{Post by See-Dubya}

Posted in: Enviro-nitwits, Iran

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Comments


  1. #348754
    On June 12th, 2008 at 3:44 pm, sonofdy said:

    Cave dwelling backwards 7th century thinking idiots can figure this out but the democratic congress and the hard left in america can’t. Go figure.

  2. #348757
    On June 12th, 2008 at 3:47 pm, wise_man said:

    …. I knew there was some bad news ….

  3. #348764
    On June 12th, 2008 at 3:49 pm, letget said:

    Iran doesn’t have to put up with the greene’s, carbon foot print idiots, global warming idiots, our elected getting their wallets fattened to stop drilling and building refineries like we do. They just do it. We need to just do it!
    L

  4. #348771
    On June 12th, 2008 at 3:52 pm, On-my-soap-box said:

    Email sent to office liberals who are complaining about the high cost of fuel. Sorry if it is long.

    No new refineries have been built in the US in the past 25 years. And petroleum industry experts say anyone would have to be crazy to launch such an effort — even though present refineries are running at nearly 100 % of capacity and local gasoline shortages are beginning to crop up.

    Why does the industry appear to have built its last refinery?

    Three reasons: Refineries are not particularly profitable, environmentalists fight planning and construction every step of the way and government red-tape makes the task all but impossible. The last refinery built in the US was in Garyville, Louisiana, and it started up in 1976.

    Energy proposed building a refinery near Portsmouth, Virginia, in the late 1970s, environmental groups and local residents fought the plan — and it took almost nine years of battles in court and before federal and state regulators before the company cancelled the project in 1984.

    Industry officials estimate the cost of building a new refinery at between $ 2 bn and $ 4 bn — at a time the industry must devote close to $ 20 bn over the next decade to reducing the sulfur content in gasoline and other fuels — and approval could mean having to collect up to 800 different permits. As if those hurdles weren’t enough, the industry’s long-term rate of return on capital is just 5 % — less than could be realized by simply buying US Treasury bonds.

    “I’m sure that at some point in the last 20 years someone has considered building a new refinery,” says James Halloran, an energy analyst with National City Corp. “But they quickly came to their senses,” he adds.

    Source: Investor’s Business Daily

  5. #348778
    On June 12th, 2008 at 3:57 pm, walterc said:

    We are supposedly the most powerful and wealthiest nation on Earth and yet we are the only nation on the planet (including those idiots running Iran) that can’t figure out how to protect ourselves by using our own resources. Un-freaking believable.

  6. #348779
    On June 12th, 2008 at 3:58 pm, JoAnn in VA said:

    Every time you have “Good news” on top of a story I know you are going to have a “Bad news” when I read the actual piece. Would you quit that already? I like my good news to be pure good news- God knows we don’t see enough of it these days. Or put Good news/Bad news so I don’t get my hopes up again…

  7. #348780
    On June 12th, 2008 at 3:58 pm, oldcollegeguy1980 said:

    The top of the leftist agenda is primarily immune to any economic backlash as they are the rich.

    They are willing to pretend to give a little more in cost to grab a lot more in power.

    There plan is to contimue to turn up the heat on an economic war against the american citizen. Then when they have us begging government for relief they will have us where they want us.

    Of course they will never do anything to help you. You will have simply turned complete control of your life over to them. They will tell you where to live, what to eat, how high your thermostat can be, etc..

    And they and their friends will enrich themselves beyond belief. It will work for a while, but not forever as freedom will not be denied.

    Every fews generations free thinking men and women must decide whether or not the costs are too high. And clearly the liberals costs which they seek to impose are too high for real patriots.

  8. #348784
    On June 12th, 2008 at 4:01 pm, sonofdy said:

    Lets see iran will build 7 in 4 years and we MAY build 1 in 10 years. If just one of our refineries has to close even for a refit, gas prices go up. HELLOOOOOOOO IS ANYBODY IN WASHINGTON DC LISTENING????? ANYONE????

  9. #348791
    On June 12th, 2008 at 4:04 pm, tmkeith said:

    sonofdy, I think you hit the nail on the head. Plus, if Barry-O’s POTUS, our current refineries will be easier to access as prime terrorist targets as well.

  10. #348796
    On June 12th, 2008 at 4:07 pm, oldcollegeguy1980 said:

    Why would a liberal democrat in Washington care what the cost of gas is?

    They are immune to the cost of fuel. They travel at taxpayer expense and are guaranted re-election by their liberal base.

    Republicans only for the most part every go after other republicans and thus further weaken our own base.

    It is so hard to get Republicans to understand the dems have to go first.

    Till we fight every democrat held seat in every district, we will continue to lose. Even then it is no guarantee we will prevail. But if the battle is too difficult for anyone, go ahead and vote democrat. Because a vote not cast is a vote for them.

  11. #348798
    On June 12th, 2008 at 4:09 pm, backwoods conservative said:

    The Democrats are still in that “It won’t help in the short term so let’s don’t do it” mentality. Freaking useless idiots.

  12. #348811
    On June 12th, 2008 at 4:12 pm, sonofdy said:

    Thing is it will help in the short term, not much but it will help. But the DNC Idea was to increase costs with a tax. Dumbasses.

  13. #348814
    On June 12th, 2008 at 4:13 pm, regularguy said:

    Hmm…Gollygee, I thought the Iranians needed their nuclear facilities just for peaceful purposes like power plants.

  14. #348836
    On June 12th, 2008 at 4:24 pm, On-my-soap-box said:

    On June 12th, 2008 at 4:01 pm, sonofdy said:
    Lets see iran will build 7 in 4 years and we MAY build 1 in 10 years.

    Great point though. Now, if BHO becomes POTUS, he will pull apart our military while Iran amps their’s up.

    …and there are still Democrats – WHY?

  15. #348844
    On June 12th, 2008 at 4:27 pm, John Ansell said:

    Maxine better start taking over the business!

    Sarc\

  16. #348845
    On June 12th, 2008 at 4:28 pm, oldcollegeguy1980 said:

    and there are still Democrats – WHY?

    Because we send our children to schools littered with socialist to indoctrinate them.

    We then tell our children how underpaid these same socialist are.

    We then tell our kids that teachers are the backbone of America.

    And then we wonder why there are so many liberals?

    Come on!

  17. #348848
    On June 12th, 2008 at 4:29 pm, abstractmind said:

    On June 12th, 2008 at 4:24 pm, On-my-soap-box said:

    and for sonofdy too

    We havent built a new refinery in 30 years or so. I’m not holding my breath, unless that one in south dakota gets off the ground.

  18. #348856
    On June 12th, 2008 at 4:35 pm, jamesgreenidge said:

    Unreal. That there are legions out there who value the uninterrupted sex-lives of Caribou prancing out a frozen desert over the sweat and blood of a U.S. solider in a thankless hostile one!

    James Greenidge
    Queens NY

  19. #348857
    On June 12th, 2008 at 4:35 pm, On-my-soap-box said:

    On June 12th, 2008 at 4:29 pm, abstractmind said:

    Check out my post #4 and don’t hold your breath.

    On June 12th, 2008 at 4:28 pm, oldcollegeguy1980 said:
    Come on!

    You left out the hippies, the smelly hippies!

  20. #348860
    On June 12th, 2008 at 4:40 pm, tyromac said:

    I’m sure when BO has a little sit down with the nut job over there he’ll open up his eyes to the fact that looking that far ahead will do nothing for gas prices now and convince him to do nothing. That’s the strategy the Dems believe is successful here.

  21. #348861
    On June 12th, 2008 at 4:40 pm, oldcollegeguy1980 said:

    On June 12th, 2008 at 4:28 pm, oldcollegeguy1980 said:
    Come on!

    On-my-soap-box said:
    You left out the hippies, the smelly hippies

    Yesterdays hippies are todays teachers.

    Where did you think those 60’s socialists went?

    As a student myself I see these cretins everyday.

    You would not believe how gullable the kids are that I see being spoon-fed big government socialst tripe everyday.

    For every person who tells you their kids are strong enough to withstand the leftist onslaught at school there are 20 who are not.

  22. #348864
    On June 12th, 2008 at 4:40 pm, sonofdy said:

    We talk about this party or the other party being to blame, but really it is all of our faults. WE didn’t demand action when this could have been prevented. WE did nothing when a fly literaly stoped construction of refineries. It is our fault. All of ours. We need to act now. We need action now. It can no longer be put off, just because it is hard or unpopular, or even dangerous. It only gets worse if we don’t act. It only get harder.

  23. #348874
    On June 12th, 2008 at 4:44 pm, oldcollegeguy1980 said:

    sonofdy:

    I agree.

    If anyone on this board is not active in your local area politically. Get on it.

    If you are not researching the candidates in your area. Get on it.

    We need to post good info about our local representatives and help them fight.

    We send these people to Washington and never think of them again till the next election. Get in touch with them.

    Tell your neighbor, drinking buddy whoever.

  24. #348881
    On June 12th, 2008 at 4:49 pm, tropicalwave12 said:

    Bush just has to see this… since he is in Europe pushing for refined oil embargo. He can NOT allow the US to be behind even Iran… BUSH… WAKE T.F. UP!!!

  25. #348886
    On June 12th, 2008 at 4:51 pm, oldcollegeguy1980 said:

    It is not the fault of President Bush.

    The ownership of this is squarely at the feet of congress.

    THAT IS THE LESSON TO BE LEARNED.

  26. #348897
    On June 12th, 2008 at 4:57 pm, Mark Jaquith said:

    I don’t understand what the American government has to do with American oil refineries. If refineries would be good for the market, they’d be built by the oil companies. Gas is primarily expensive because oil supply isn’t increasing, but demand is. More drilling will help… but mostly we just have to get used to it… the world is developing.

  27. #348901
    On June 12th, 2008 at 5:01 pm, sonofdy said:

    Mark Jaquith:

    Because the government has regulated the industry to the point that nobody can drill without government permission. They have made the building of refineries so hard that most companies don’t even bother trying.

  28. #348908
    On June 12th, 2008 at 5:10 pm, oldcollegeguy1980 said:

    The liberal government demands control and power over every aspect of our lives. It is that simple.

    Anything which would loosen that noose of liberal control must be fought by the socialist.

    Freedom is only for the socialist.

    They demand that republicans must be defeated. And conservatism must be outlawed.

  29. #348912
    On June 12th, 2008 at 5:11 pm, graysonret said:

    We have either a very stupid national government (which I doubt) or a bunch of very greedy politicians bent on destroying what made this country great, to be replaced with a pure socialist country…with them in charge, of course, and exempt. They are even against nuclear energy. Last time I checked, the U.S. navy is doing fine, and Europe is still there, congress. What’s the problem?

  30. #348919
    On June 12th, 2008 at 5:17 pm, oldcollegeguy1980 said:

    graysonret,

    Is there any question that the left has not turned completely toward socialism.

    I see no evidence to dispute this.

    When was the last time any liberal spoke of liberty?

    The socialist democrat party of today is not the democrat party which Reagan left all those many years ago.

    Sadly it has not been for quite some time.

    And it is time for us to quit imagining they are anything other than what they are.

    Socialist.

  31. #348957
    On June 12th, 2008 at 5:36 pm, backwoods conservative said:

    When was the last time any liberal spoke of liberty?

    They only speak of it when they hear we’re trying to find out what our enemies are up to.

  32. #348970
    On June 12th, 2008 at 5:49 pm, graysonret said:

    OCG1980, No question that they are socialist, and they have been moving farther and farther left every year, which was the major reason why I left the democrats, never to return. They speak of liberty, that is, their own. It’s the way all socialism works. The “leaders” have the liberty, while the rest have none; for their protection, of course, and general welfare. “Take away their liberty a little at a time, until, one day, they realize that it is all gone.”

  33. #348976
    On June 12th, 2008 at 5:52 pm, oldcollegeguy1980 said:

    graysonret;

    I agree 100%

    The question is how to get all the rest of us to focus on this bigger picture and understand that all these other distractions stem from that?

  34. #348986
    On June 12th, 2008 at 6:03 pm, DaveC said:

    I fell for the headline..

    7, wow.. how did that happen?..

    should have known.. Iran..

  35. #349017
    On June 12th, 2008 at 6:58 pm, Freddy said:

    Last night there was a story on TV about how the Iranians could not import the parts needed to build new refineries due to the curent embargo over their illegal nuclear program. Now we have this story. I wonder which one is actually true. They have had ~20 years since their war with Iraq to build refineries, yet they waited until they needed to ration gas to consider building them. Something in all of this is not adding up.

  36. #349020
    On June 12th, 2008 at 7:02 pm, Tantor said:

    According to Lisa Margonelli in her very, very interesting book about the oil industry, “Oil On The Brain,” p. 60, the United States had 324 oil refineries in 1981 but only 149 now. That’s less than half.

  37. #349023
    On June 12th, 2008 at 7:10 pm, Pasadena Phil said:

    That is classic! He’s willing to craft amnesty legislation with Ted Kennedy and a racist group like La Raza but he won’t visit ANWAR? I guess selling out our sovereignty to anti-American racist interests takes priority to national interests. I guess with McCain the quid quo pro will be “No cheap labor? No oil!”

  38. #349031
    On June 12th, 2008 at 7:17 pm, bit_boy said:

    Ahmadinejad 7 vs U.S. Congress 0

  39. #349049
    On June 12th, 2008 at 7:39 pm, lonewolf said:

    Iran has tremendous oil and natural gas reserves. Despite sanctions, Iran has continued to do business with Russia, China, France and Germany. Construction of new refineries will make it even more immune to international sanctions.

    In the 1950s, the refinery at Abadan, Iran, at the head of the Persian Gulf, was the largest in the world. Inexplicably, during the reign of the mullahs, it was allowed to deteriorate into a rusting hulk.

  40. #349070
    On June 12th, 2008 at 8:25 pm, John said:

    This is good news all across the board. Even if the new refineries are going on line in Iran, that is still an increase in supply for the rest of the would, which should help ease the burden on US consumers, albeit indirectly. We plainly need more refineries anywhere we can get them at this point. Furthermore, no country making that kind of long term capital investment in the future is going to guarantee their destruction today by threatening to wage nuclear war or threatening their neighbors. The only thing that stands to be negatively impacted by this is Israel’s self-serving pride. And as far as I’m concerned, Israel is no friend of the United States if they would so much as think about doing anything that would stifle the worldwide supply of oil and drive gasoline prices even higher.

  41. #349077
    On June 12th, 2008 at 8:35 pm, WarEagle82 said:

    Well, this is still good the US and for the global supply of gasoline. If the global production increases the prices should eventually decline as pressures on demand ease. Until we bomb the Mad Mullahs back to the stone age of course, and the we are right back in the mess the Democrats in Congress have created over the past 30 years.

  42. #349097
    On June 12th, 2008 at 8:59 pm, jsr said:

    Dem-think:

    Drilling for new oil is a bad idea because it will provide only a small fraction of our needs and will not arrive for years.

    However, investing untold billions in unproven alternative energy sources (which have already been studied and researched for years) and will never provide more than a small fraction of our needs for many years is a great idea.

    It boggles the mind.

  43. #349199
    On June 13th, 2008 at 12:04 am, CommentGuy said:

    Looks like I scooped this post in an earlier thread

  44. #349201
    On June 13th, 2008 at 12:08 am, emjem24 said:

    Every time I try to understand the maze of confusing policy programs and decisions that Dems have initiated and pushed on Americans over the years, I get lost in the irony.

    How pathetically sad that Iran is building refineries. Terrorism’s best friend and enabler. I bet the Mullahs are laughing themselves silly while wishing death upon the USA.

    Nope, the greatest super power of the 20th century doesn’t seem to have a clue that drilling and exploiting one’s natural resources could have an impact on gas prices whereas gas rationing hasn’t seem to have made much sense so now the Iranians are going to do something about it.

    I’m beginning to understand why reasoning skills are so lost on liberals. :roll:

  45. #349291
    On June 13th, 2008 at 7:45 am, old trooper said:

    Just Thank the Marxists that YOUR FRIENDS and NEIGHBORS ELECTED TO CONGRESS!

    It was the will of the People to cripple the Economy and Over Regulate Our Domestic Energy production.

    No viable Energy Plan for the past 40 years and now the results are clear. No new Refineries or development of existing resources, no problem.

    I’m sure that the Marxist Elite in Congress and BO have grand plans in mind to make it worse!

    Thank the Idiots that elected this sad collection of Fools to Office!

  46. #349314
    On June 13th, 2008 at 8:55 am, Barry F. said:

    On June 12th, 2008 at 4:57 pm, Mark Jaquith said:

    MJ, government is the very entity responsible for erecting the obstacles with which oil companies must contend to try to build refineries. Well, them and the enviro-nitwits that government enables by pandering to them.

    Drill Here. Drill Now. Pay Less.

    That may not be a short-term fix. But, it will get us pointed in the right direction.

  47. #349357
    On June 13th, 2008 at 10:03 am, Yashmak said:

    The official said all seven refineries would begin operations by 2012.

    Yeah? I’m going to go ahead and be skeptical. This is the same government that announced a brand new fighter capable of defeating our radar, and released a picture of an American built F-20 to accompany the story. Iran’s government and press routinely throw out complete B.S. stories. . .making them much like some of our own leading print news sources.

    I’ll believe it when I see it.

  48. #349417
    On June 13th, 2008 at 10:59 am, CommentGuy said:

    Yashmak

    They will contract out the hard stuff, they have the bucks to do it.

    Figure on it to lower internal pressure on gas prices and rationing.

  49. #349485
    On June 13th, 2008 at 11:35 am, Mohawk said:

    Scary that these backwards ass mullahs see the need to increase petrol production and our own dumb ass politicians cant see pas the bribes in their face to actually do something for the good of the American people!

  50. #349834
    On June 13th, 2008 at 3:46 pm, Ty85719 said:

    Perhaps we should just start cutting off our wheat exports – especially to OPEC / hostile nations. Maybe that will coerce some of these countries to stop the nonsense…if they really want to eat, that is.

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