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Motorists pay for refinery, pipeline problems

GasBuddy Blog -- The day when motorists see such rapid increases in gasoline prices is the day when it should be asked by lawmakers if there is enough spare refining capacity. That day should have been long ago.

The number of refineries have dwindled. Unstable margins have added into the risky future of expanding a refinery. The U.S. can require a certain amount of ethanol to be consumed and produced yearly, prompting hundreds of new ethanol refineries. But oil refineries? Nothing new in decades. Why hasn't the U.S. looked at oil refineries and the lack thereof in the volatile prices? It doesn't matter how much oil prices are or how much ethanol we produce- if we're still subject as a country to sticker shock like we're seeing- what's the point?

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Submitted Aug 10, 2012 By: PD

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ggg452 Champion Author Manitoba Posts:1,550 Points:327,825 Joined:May 2012	Message Posted: Aug 21, 2012 12:57:09 PM Ignore ggg452 Report Abuse ok
stonecold5005 All-Star Author Waco Posts:817 Points:20,240 Joined:Mar 2012	Message Posted: Aug 21, 2012 9:35:49 AM Ignore stonecold5005 Report Abuse ok
99dakota Champion Author Providence Posts:8,092 Points:2,169,000 Joined:Oct 2006	Message Posted: Aug 21, 2012 5:00:30 AM Ignore 99dakota Report Abuse Let the free marketplace decide.
pfone1847 Champion Author Illinois Posts:3,171 Points:620,655 Joined:Oct 2010	Message Posted: Aug 19, 2012 8:14:48 PM Ignore pfone1847 Report Abuse ok
stonecold5005 All-Star Author Waco Posts:817 Points:20,240 Joined:Mar 2012	Message Posted: Aug 19, 2012 4:53:14 PM Ignore stonecold5005 Report Abuse ok
Donatelo Champion Author Dayton Posts:1,115 Points:290,865 Joined:Apr 2011	Message Posted: Aug 19, 2012 9:45:52 AM Ignore Donatelo Report Abuse ditto, we pay so they can make record profits every quarter.
albert2008 Champion Author Winnipeg Posts:7,332 Points:1,477,010 Joined:Sep 2008	Message Posted: Aug 19, 2012 8:23:31 AM Ignore albert2008 Report Abuse we pay for it all
itzagasgasgas1 Champion Author Cincinnati Posts:3,954 Points:1,595,495 Joined:Aug 2005	Message Posted: Aug 18, 2012 6:47:10 PM Ignore itzagasgasgas1 Report Abuse Of course they do.
pfone1847 Champion Author Illinois Posts:3,171 Points:620,655 Joined:Oct 2010	Message Posted: Aug 15, 2012 3:27:55 AM Ignore pfone1847 Report Abuse :(
william1965 Rookie Author Cleveland Posts:93 Points:52,480 Joined:Jun 2012	Message Posted: Aug 14, 2012 4:40:06 PM Ignore william1965 Report Abuse Congress should also put strict penalties on the oil companies and not the consumers. The oil companies are getting away with serious price gouging and we the consumers are getting screwed more and more. We need a fair market rate for gas period. When oil prices per barrel go up the gas you buy that day was not at the new price it takes almost 30 days for oil purchased today to go through the refinery and then make it to us at the pump
jtravis711 Sophomore Author Orange County Posts:174 Points:195,465 Joined:Feb 2011	Message Posted: Aug 14, 2012 4:20:12 PM Ignore jtravis711 Report Abuse And less restictions or at least slow them down.
clpassenubye Champion Author Los Angeles Posts:3,359 Points:750,755 Joined:Mar 2011	Message Posted: Aug 14, 2012 4:02:43 PM Ignore clpassenubye Report Abuse sad but true
Donatelo Champion Author Dayton Posts:1,115 Points:290,865 Joined:Apr 2011	Message Posted: Aug 14, 2012 1:53:36 PM Ignore Donatelo Report Abuse ok
LostAgain2009 Champion Author New Mexico Posts:2,390 Points:709,675 Joined:Apr 2009	Message Posted: Aug 14, 2012 12:21:51 PM Ignore LostAgain2009 Report Abuse The oil/gas companies don't want more refinery capacity.
hosspuller Sophomore Author Greensboro Posts:174 Points:1,564,505 Joined:Mar 2004	Message Posted: Aug 14, 2012 9:37:09 AM Ignore hosspuller Report Abuse Consumers pay for everything... taxes, regulations, and profit. But then without a profit there is no product. Make a choice, let the "greedy" corps make a profit and enjoy their product. Or no Ipads, no gas, , no food, no houses, no a/c, no games, no movies, etc. That's how and what a free market does.
CapriceWagon All-Star Author Washington Posts:929 Points:475,520 Joined:Feb 2008	Message Posted: Aug 14, 2012 8:50:55 AM Ignore CapriceWagon Report Abuse The consumer ALWAYS pays, that's why I don't understand people that want to slap corporations on the wrist, it just means their product is going to be more expensive
georged12 All-Star Author Michigan Posts:830 Points:52,035 Joined:Jun 2012	Message Posted: Aug 14, 2012 5:24:07 AM Ignore georged12 Report Abuse our politicians don't care about us, just their own pocketbooks. called my congress representative and didn't even get a call back
sparky808 Champion Author Honolulu Posts:2,981 Points:594,810 Joined:Sep 2011	Message Posted: Aug 13, 2012 12:26:19 PM Ignore sparky808 Report Abuse old post
nskmda Champion Author Grand Rapids Posts:1,270 Points:785,030 Joined:May 2007	Message Posted: Aug 13, 2012 10:08:59 AM Ignore nskmda Report Abuse oh, yeah... sure motorists pay... for many things.
zeeflyers All-Star Author Pittsburgh Posts:676 Points:215,665 Joined:Feb 2012	Message Posted: Aug 13, 2012 9:52:55 AM Ignore zeeflyers Report Abuse old
Lologogo Champion Author Twin Cities Posts:1,294 Points:352,390 Joined:Sep 2011	Message Posted: Aug 13, 2012 9:26:21 AM Ignore Lologogo Report Abuse I thought they added all these new refineries in TX?
WestMichigan Champion Author Grand Rapids Posts:2,463 Points:551,940 Joined:Mar 2011	Message Posted: Aug 13, 2012 9:17:16 AM Ignore WestMichigan Report Abuse We are definitely paying
Clits All-Star Author Louisiana Posts:866 Points:257,040 Joined:Mar 2005	Message Posted: Aug 13, 2012 9:13:49 AM Ignore Clits Report Abuse That Don't surprise me at all
hok Champion Author Los Angeles Posts:1,370 Points:1,003,720 Joined:May 2008	Message Posted: Aug 13, 2012 9:12:37 AM Ignore hok Report Abuse √ It sure look like it!
Chinto12 Champion Author Illinois Posts:1,019 Points:406,310 Joined:Jan 2012	Message Posted: Aug 13, 2012 9:10:48 AM Ignore Chinto12 Report Abuse No relieve anytime soon.
sydb7 Champion Author Atlanta Posts:3,542 Points:1,916,730 Joined:Mar 2003	Message Posted: Aug 13, 2012 9:04:31 AM Ignore sydb7 Report Abuse We pay for Big Oil's problems!
RaginCajun68 All-Star Author Fort Worth Posts:860 Points:210,610 Joined:Sep 2005	Message Posted: Aug 13, 2012 8:55:16 AM Ignore RaginCajun68 Report Abuse Why can't they absorb this cost with their profits?!
greenfog Champion Author Illinois Posts:6,470 Points:1,635,120 Joined:Feb 2008	Message Posted: Aug 13, 2012 8:50:42 AM Ignore greenfog Report Abuse motorist pay for everything that happens, i thought equipment repairs were just part of doing business. instead they pass the cost of it on to us.
9C1 Champion Author Chicago Posts:22,843 Points:4,242,910 Joined:Jul 2001	Message Posted: Aug 13, 2012 8:50:13 AM Ignore 9C1 Report Abuse Big oil got us still.
albert2008 Champion Author Winnipeg Posts:7,332 Points:1,477,010 Joined:Sep 2008	Message Posted: Aug 13, 2012 8:48:43 AM Ignore albert2008 Report Abuse whatelse is new
MRHONEST Champion Author Illinois Posts:2,212 Points:1,674,080 Joined:May 2007	Message Posted: Aug 13, 2012 8:48:32 AM Ignore MRHONEST Report Abuse Real old!
maske_2222 Champion Author Manitoba Posts:7,422 Points:1,500,005 Joined:Oct 2008	Message Posted: Aug 13, 2012 8:47:51 AM Ignore maske_2222 Report Abuse ok......
DerTaubman Champion Author Detroit Posts:7,292 Points:1,526,020 Joined:Jun 2007	Message Posted: Aug 13, 2012 8:47:00 AM Ignore DerTaubman Report Abuse Start fixing/replacing the old refineries. Modern updated ones should save the price of gas.
slgas Champion Author Houston Posts:6,015 Points:1,558,865 Joined:Oct 2008	Message Posted: Aug 13, 2012 8:46:14 AM Ignore slgas Report Abuse Some things never change, like these days old posts.
BumpinButch Champion Author Texas Posts:1,586 Points:505,300 Joined:Feb 2009	Message Posted: Aug 13, 2012 8:44:51 AM Ignore BumpinButch Report Abuse Suffer the poor and middle class, or what's left of it.
ggordo Champion Author Long Island Posts:1,655 Points:350,680 Joined:Apr 2012	Message Posted: Aug 13, 2012 8:44:49 AM Ignore ggordo Report Abuse yes,Big Oil Greed!!!
WVUtailgater Champion Author Cleveland Posts:8,416 Points:1,694,685 Joined:Aug 2008	Message Posted: Aug 13, 2012 8:44:23 AM Ignore WVUtailgater Report Abuse we sure do
skybiker Champion Author South Carolina Posts:7,277 Points:1,556,290 Joined:Jul 2008	Message Posted: Aug 13, 2012 8:43:54 AM Ignore skybiker Report Abuse end used always pays the bill.....
JWHITE1937 Champion Author Massachusetts Posts:2,504 Points:993,005 Joined:Aug 2006	Message Posted: Aug 13, 2012 8:43:36 AM Ignore JWHITE1937 Report Abuse Motorists can only pay for the greed of the oil industry if they buy products produced by that industry. CONSERVE till it hurts, use any alternative available!
sit Champion Author Cleveland Posts:5,185 Points:1,928,945 Joined:Feb 2006	Message Posted: Aug 13, 2012 8:42:32 AM Ignore sit Report Abuse Mototists pay for everrything.
bodu All-Star Author Vancouver Posts:906 Points:279,310 Joined:Mar 2009	Message Posted: Aug 13, 2012 8:42:16 AM Ignore bodu Report Abuse "Wonder if big oil is suppressing the development of more refineries?" Seems to work in their favor does it? I smell a rat!
condé Champion Author Michigan Posts:3,726 Points:1,810,640 Joined:Oct 2004	Message Posted: Aug 13, 2012 8:41:41 AM Ignore condé Report Abuse WHEN IDIOTS TRY TO MAKE CHANGES OR RUN ANYTHING.... THE RESULTS ARE CLEAR!
krzysiek_ck Champion Author Illinois Posts:5,307 Points:725,135 Joined:Apr 2011	Message Posted: Aug 13, 2012 8:41:33 AM Ignore krzysiek_ck Report Abuse Big Oil Greed
WTLITNG Champion Author Virginia Posts:1,834 Points:1,011,195 Joined:Dec 2008	Message Posted: Aug 13, 2012 8:40:11 AM Ignore WTLITNG Report Abuse Wonder if big oil is suppressing the development of more refineries?
TopGunn Champion Author Baltimore Posts:9,166 Points:2,612,280 Joined:Aug 2004	Message Posted: Aug 13, 2012 8:40:05 AM Ignore TopGunn Report Abuse No new news is BAD.
rwrMO Champion Author Missouri Posts:2,546 Points:581,170 Joined:Jun 2011	Message Posted: Aug 13, 2012 8:39:48 AM Ignore rwrMO Report Abuse old news
flyfast Champion Author Kansas City Posts:9,233 Points:1,822,035 Joined:Jan 2008	Message Posted: Aug 13, 2012 8:39:00 AM Ignore flyfast Report Abuse OK WE GOT IT NEXT GO TO THE NEXT ?
gasman50 Champion Author Portland Posts:8,824 Points:2,405,485 Joined:Nov 2005	Message Posted: Aug 13, 2012 8:38:58 AM Ignore gasman50 Report Abuse Fridays story
MarAzul Champion Author London Posts:3,756 Points:675,485 Joined:Feb 2011	Message Posted: Aug 13, 2012 8:38:19 AM Ignore MarAzul Report Abuse Ok.
Sam195 Champion Author San Bernardino Posts:8,070 Points:1,571,075 Joined:Oct 2008	Message Posted: Aug 13, 2012 8:38:00 AM Ignore Sam195 Report Abuse Gasoline is up 35 cents/gal. in San Bernardino.