Jim Devine quoted Greg Palast:
But $2 a barrel is just the beginning of BP's shut-down bonus. The
Alaskan oil was destined for the California market which now faces a
supply crisis at the very height of the summer travel season. The big
winner is ARCO petroleum, the largest retailer in the Golden State.
ARCO is a 100%-owned subsidiary of � British Petroleum.
One of the reasons that gas costs more in California is Alaskan oil
cannot be legally prccessed in California without strict CAL-EPA
safeguards, specifically because of the high sulphur content.
For instance, the refineries in ther bay area [see tosco, mentioned on
the linked page] pretty much only proccess fuel oil (heating and plant
operation) and export products from it.
<http://www.chemoil.com/news/Presentations_Optimism.asp?lable=presentation>
Gregg Palast is now officially the Geraldo Rivera of the left in my
mind. I don't want to feel the need to de-bug his information before
passing it on.
But there IS a bright side. Mis-information based on the lack of simple
fact-checking would be a good reason for some of the more radical
members of the eco-left to set him adrift on an oil rig deep in the
Arctic Circle. Buh-bye Greg.
Leigh
http://leighm.net/
