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Article #1053

Re: It's all about gasoline!

#1053
From: Don Homuth
Date: Thu, 07 Jun 2007 19:08
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On Thu, 07 Jun 2007 19:05:04 GMT, trijicon <dev@null.set> wrote:

>Don Homuth wrote:
>> On Thu, 07 Jun 2007 18:31:38 GMT, trijicon <dev@null.set> wrote:
>> 
>>> Don Homuth wrote:
>>>
>>>> Nevertheless, how're you doing with the >$3/gal gas in the meantime?
>>>>
>>>> That's the new price point.  Folks are pretty much used to it now.
>>> So you're going to complain to OPEC??!?
>> 
>> Nah -- the awlbidniss folks are once again reducing refinery capacity
>> to deal with this unfortunate price drop, so it seems.
>> 
>> http://www.forbes.com/feeds/ap/2007/06/04/ap3786556.html
>> 
>> ...There have been large, well-publicized increases in refined
>> gasoline and other petroleum product prices in April and May. (In
>> April, regular gasoline prices rose 11 percent at the pump and a
>> further 10.6 percent in May, according to the Energy Information
>> Administration. Prices at the refinery gate aren't available, but EIA
>> estimates that 78 percent of the price at the pump reflects the cost
>> of crude and refining, exclusive of taxes, distribution costs and
>> profits.)
>> 
>> One likely explanation for the decline in the value of shipments from
>> refineries in April is that output volumes declined. That explanation
>> looks more plausible when it's recognized there were three new
>> refinery shutdowns in Indiana, Texas and Oklahoma in April.....
>
>
>Oh NO!
>
>They had to do some maintenance?!?!?
>
>WTF is up with those guys, why not just run 'em till the melt down!

Heh -- they scheduled some maintenance.  It's not know that they Had
to do some.  But it is convenient that they Had to do the maintenance
just when the prices could be adjusted upwards.

Funny how maintenance works that way.

BTW -- awl refineries don't melt down.  Nuclear reactors might,
though.

>The nerve of them guys!
>
>How dare they EVER have maintenance done!

Year after year, though, it's the same story.  Maintenance --> higher
Prices.

Maintenance is Good!
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From: Don Homuth <dhomuthoneatcomcast.net>
Newsgroups: pdx.general,seattle.politics,az.politics,or.politics
Subject: Re: It's all about gasoline!
Date: Thu, 07 Jun 2007 12:08:26 -0700
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