Marek: > Oil is a fungible product; its price is dictated not > by where it is originally located, but by whatever > the global market for that product is at any particular > point in time... > In Texas, we have cheaper gasoline than you do because we have the refining capacity of Valero <http://www.valero.com/default.aspx> and Tesoro <http://www.tsocorp.com/TSOCORP/index.htm> . It takes less gasoline to transport refined gasoline to a location than to import gasoline from Saudi Arabia. Texas is the biggest producer of oil and gasoline in the United States and has the most refineries.
These are the facts: http://www.gasbuddy.com/ <http://www.gasbuddy.com/> Valero 3302 Fairlanes Blvd & W Wilson St Borger, TX $3.06 BP 308 W Burlington Fairfield, IA $3.44 In order to get gasoline, oil has to be transported to a refinery. It's either done by truck or by ship or by a pipeline, or you import gasoline already refined from another country. There is only one way to bring gasoline prices down in the immediate future: demand must be decreased drastically. But, for the future, what you need to do is get out and vote for a candidate that really knows how to manage U.S. energy resources. It's not the time to deny permits for pipelines or to close refineries in the United States! If Iran closes the Straight of Hormuz, you're going to have to pay for it big time, with aid to Israel and at the pump: look for $10.00 a gallon for regular! America runs on gasoline and cars. Oil and gasoline are the drivers for markets worldwide. > > Your solution is to NOT drill and get oil to the > > refinery? > > > Again, you're obviously a smart guy, even if > reflexively oppositional, so I don't get why you made > that stuff up, assert that I wrote it, and then put > me down for writing it. How does that make any sense? > It was just a QUESTION, Marek - nobody is putting you down for your opinions. Why are you TM Teachers so confrontational? It doesn't make any sense. At this point, there is no way you are going to avoid $4.00 gasoline at the pump this summer. But, I say we should be drilling for more domestic oil and building new refineries for the next twenty years or so, in order to supply the demand in the U.S. Most people don't even know where the oil in their car came from. But, I get ALL my oil from either Spindle Top or the from the Permian Basin, and I use ONLY Texaco fuel in my lawnmower. "Blame refinery closures and downtimes in the United States and in the Caribbean on top of seasonal hikes..." Read more: 'Former Shell CEO: Get Ready for $5 Gasoline' Money News: http://tinyurl.com/6mfb73s <http://tinyurl.com/6mfb73s>
