https://www.foxbusiness.com/media/shark-tank-kevin-oleary-build-new-us-oil-refinery-america
--
"In this present crisis, government is not the solution to our problem. Government is the problem," - Ronald Reagan
On Tuesday, April 11, 2023 at 5:15:28 PM UTC-7, George.Anthony wrote:would do it. When was the last time you heard of this company? Or any new refineries? Mexico sends oil to us so we can refine it and send it back to them.
https://www.foxbusiness.com/media/shark-tank-kevin-oleary-build-new-us-oil-refinery-america
--
"In this present crisis, government is not the solution to our problem.
Government is the problem," - Ronald Reagan
LOL, I love it. Thank you. It has been long enough that the suckers have forgotten the last refinery pump and dump. At one time it was a big topic here because our conservative nut cases thought it needed to happen and they figured these guys
"Building New Refinery a Difficult Prospect"billions for conventional refining — which could keep supplies tight and prices high.
July 4, 2007 4:00 PM ET
"An Arizona company has overcome significant hurdles toward building the first new U.S. oil refinery in three decades. But it still can't get financing or an assured supply of oil. With a push for bio-fuels and ethanol, big oil seems reluctant to spend
ROBERT SIEGEL, host:of Yuma and imagined.
As the nation weighs its energy future, the U.S. still depends on an aging infrastructure to produce gasoline. We're talking about oil refineries. And the country hasn't built a new one in three decades. Cost is one hurdle; regulation is another.
NPR's Ted Robbins has the story of one man who's trying to open a refinery in the southwest.
TED ROBBINS: Arizona gets its gasoline from California and the Gulf Coast. Glen McGinnis, who's made a career expanding and operating oil refineries, wants to change that. A year ago, he stood on top of an abandoned irrigation ditch in the desert east
Mr. GLEN McGINNIS (CEO, Arizona Clean Fuels): What I see is, you know, is a state-of-the-art oil refinery sitting here between where we are here and the interstate that you can see in the distance.name, Arizona Clean Fuels. Since then, though, the economic hurdles have been much bigger than the regulatory ones. The biggest? Raising $3 billion to build the refinery."
ROBBINS: At that point, the company McGinnis had had just received a rare air quality permit from the state of Arizona. The state gave the permit because it agreed this refinery will put out about half the pollution as any other -hence, the company's
[snip]even less than ever? Oh yeah. This has good idea written all over it. lqtm
https://www.npr.org/templates/story/story.php?storyId=11737359
Our refineries are turning out more refined products that we can use here. We are already an exporter of refined oil products and have been for a long time. So now this guy is raising $14 billion of other people's money for a refinery we need
TB
On 4/12/2023 3:58 PM, Technobarbarian wrote:do it. When was the last time you heard of this company? Or any new refineries? Mexico sends oil to us so we can refine it and send it back to them.
On Tuesday, April 11, 2023 at 5:15:28 PM UTC-7, George.Anthony wrote:
https://www.foxbusiness.com/media/shark-tank-kevin-oleary-build-new-us-oil-refinery-america
--
"In this present crisis, government is not the solution to our problem. >> Government is the problem," - Ronald Reagan
LOL, I love it. Thank you. It has been long enough that the suckers have forgotten the last refinery pump and dump. At one time it was a big topic here because our conservative nut cases thought it needed to happen and they figured these guys would
spend billions for conventional refining — which could keep supplies tight and prices high."Building New Refinery a Difficult Prospect"
July 4, 2007 4:00 PM ET
"An Arizona company has overcome significant hurdles toward building the first new U.S. oil refinery in three decades. But it still can't get financing or an assured supply of oil. With a push for bio-fuels and ethanol, big oil seems reluctant to
east of Yuma and imagined.ROBERT SIEGEL, host:
As the nation weighs its energy future, the U.S. still depends on an aging infrastructure to produce gasoline. We're talking about oil refineries. And the country hasn't built a new one in three decades. Cost is one hurdle; regulation is another.
NPR's Ted Robbins has the story of one man who's trying to open a refinery in the southwest.
TED ROBBINS: Arizona gets its gasoline from California and the Gulf Coast. Glen McGinnis, who's made a career expanding and operating oil refineries, wants to change that. A year ago, he stood on top of an abandoned irrigation ditch in the desert
name, Arizona Clean Fuels. Since then, though, the economic hurdles have been much bigger than the regulatory ones. The biggest? Raising $3 billion to build the refinery."Mr. GLEN McGINNIS (CEO, Arizona Clean Fuels): What I see is, you know, is a state-of-the-art oil refinery sitting here between where we are here and the interstate that you can see in the distance.
ROBBINS: At that point, the company McGinnis had had just received a rare air quality permit from the state of Arizona. The state gave the permit because it agreed this refinery will put out about half the pollution as any other -hence, the company's
less than ever? Oh yeah. This has good idea written all over it. lqtm[snip]
https://www.npr.org/templates/story/story.php?storyId=11737359
Our refineries are turning out more refined products that we can use here. We are already an exporter of refined oil products and have been for a long time. So now this guy is raising $14 billion of other people's money for a refinery we need even
TBOne day you will get my tongue-in-cheek posts. The last refinery of any
size built in this country was nearly 50 years ago. With the politics in
the country these days it would take that long to get the permitting
done. By then it would probably cost orders of magnitude more than the projected $14 billion. Even if you were to lend them some of the $8.7
mil you saved it wouldn't amount to more than a drop in a bucket.
--
"In this present crisis, government is not the solution to our problem. Government is the problem," - Ronald Reagan
On Wednesday, April 12, 2023 at 3:37:04/PM UTC-7, George.Anthony wrote:
On 4/12/2023 3:58 PM, Technobarbarian wrote:
On Tuesday, April 11, 2023 at 5:15:28/PM UTC-7, George.Anthony wrote:One day you will get my tongue-in-cheek posts. The last refinery of any
https://www.foxbusiness.com/media/shark-tank-kevin-oleary-build-new-us-oil-refinery-america
--
"In this present crisis, government is not the solution to our problem. >>>> Government is the problem," - Ronald Reagan
LOL, I love it. Thank you. It has been long enough that the suckers
have forgotten the last refinery pump and dump. At one time it was a
big topic here because our conservative nut cases thought it needed to
happen and they figured these guys would do it. When was the last time
you heard of this company? Or any new refineries? Mexico sends oil to
us so we can refine it and send it back to them.
"Building New Refinery a Difficult Prospect"
July 4, 2007 4:00 PM ET
"An Arizona company has overcome significant hurdles toward building
the first new U.S. oil refinery in three decades. But it still can't
get financing or an assured supply of oil. With a push for bio-fuels
and ethanol, big oil seems reluctant to spend billions for conventional
refining which could keep supplies tight and prices high.
ROBERT SIEGEL, host:
As the nation weighs its energy future, the U.S. still depends on an
aging infrastructure to produce gasoline. We're talking about oil
refineries. And the country hasn't built a new one in three decades.
Cost is one hurdle; regulation is another.
NPR's Ted Robbins has the story of one man who's trying to open a
refinery in the southwest.
TED ROBBINS: Arizona gets its gasoline from California and the Gulf
Coast. Glen McGinnis, who's made a career expanding and operating oil
refineries, wants to change that. A year ago, he stood on top of an
abandoned irrigation ditch in the desert east of Yuma and imagined.
Mr. GLEN McGINNIS (CEO, Arizona Clean Fuels): What I see is, you know, is a >>> state-of-the-art oil refinery sitting here between where we are here
and the interstate that you can see in the distance.
ROBBINS: At that point, the company McGinnis had had just received a
rare air quality permit from the state of Arizona. The state gave the
permit because it agreed this refinery will put out about half the
pollution as any other -hence, the company's name, Arizona Clean Fuels.
Since then, though, the economic hurdles have been much bigger than the
regulatory ones. The biggest? Raising $3 billion to build the refinery." >>> [snip]
https://www.npr.org/templates/story/story.php?storyId737359
Our refineries are turning out more refined products that we can use
here. We are already an exporter of refined oil products and have been
for a long time. So now this guy is raising $14 billion of other
people's money for a refinery we need even less than ever? Oh yeah.
This has good idea written all over it. lqtm
TB
size built in this country was nearly 50 years ago. With the politics in
the country these days it would take that long to get the permitting
done. By then it would probably cost orders of magnitude more than the
projected $14 billion. Even if you were to lend them some of the $8.7
mil you saved it wouldn't amount to more than a drop in a bucket.
--
"In this present crisis, government is not the solution to our problem.
Government is the problem," - Ronald Reagan
One day you will get my tongue-in-cheek posts
TB
On Wednesday, April 12, 2023 at 3:37:04/PM UTC-7, George.Anthony wrote:
On 4/12/2023 3:58 PM, Technobarbarian wrote:
On Tuesday, April 11, 2023 at 5:15:28/PM UTC-7, George.Anthony wrote:One day you will get my tongue-in-cheek posts. The last refinery of any
https://www.foxbusiness.com/media/shark-tank-kevin-oleary-build-new-us-oil-refinery-america
--
"In this present crisis, government is not the solution to our problem. >>>> Government is the problem," - Ronald Reagan
LOL, I love it. Thank you. It has been long enough that the suckers
have forgotten the last refinery pump and dump. At one time it was a
big topic here because our conservative nut cases thought it needed to
happen and they figured these guys would do it. When was the last time
you heard of this company? Or any new refineries? Mexico sends oil to
us so we can refine it and send it back to them.
"Building New Refinery a Difficult Prospect"
July 4, 2007 4:00 PM ET
"An Arizona company has overcome significant hurdles toward building
the first new U.S. oil refinery in three decades. But it still can't
get financing or an assured supply of oil. With a push for bio-fuels
and ethanol, big oil seems reluctant to spend billions for conventional
refining which could keep supplies tight and prices high.
ROBERT SIEGEL, host:
As the nation weighs its energy future, the U.S. still depends on an
aging infrastructure to produce gasoline. We're talking about oil
refineries. And the country hasn't built a new one in three decades.
Cost is one hurdle; regulation is another.
NPR's Ted Robbins has the story of one man who's trying to open a
refinery in the southwest.
TED ROBBINS: Arizona gets its gasoline from California and the Gulf
Coast. Glen McGinnis, who's made a career expanding and operating oil
refineries, wants to change that. A year ago, he stood on top of an
abandoned irrigation ditch in the desert east of Yuma and imagined.
Mr. GLEN McGINNIS (CEO, Arizona Clean Fuels): What I see is, you know, is a >>> state-of-the-art oil refinery sitting here between where we are here
and the interstate that you can see in the distance.
ROBBINS: At that point, the company McGinnis had had just received a
rare air quality permit from the state of Arizona. The state gave the
permit because it agreed this refinery will put out about half the
pollution as any other -hence, the company's name, Arizona Clean Fuels.
Since then, though, the economic hurdles have been much bigger than the
regulatory ones. The biggest? Raising $3 billion to build the refinery." >>> [snip]
https://www.npr.org/templates/story/story.php?storyId737359
Our refineries are turning out more refined products that we can use
here. We are already an exporter of refined oil products and have been
for a long time. So now this guy is raising $14 billion of other
people's money for a refinery we need even less than ever? Oh yeah.
This has good idea written all over it. lqtm
TB
size built in this country was nearly 50 years ago. With the politics in
the country these days it would take that long to get the permitting
done. By then it would probably cost orders of magnitude more than the
projected $14 billion. Even if you were to lend them some of the $8.7
mil you saved it wouldn't amount to more than a drop in a bucket.
--
"In this present crisis, government is not the solution to our problem.
Government is the problem," - Ronald Reagan
One day you will get my tongue-in-cheek posts
TB
| Sysop: | Keyop |
|---|---|
| Location: | Huddersfield, West Yorkshire, UK |
| Users: | 297 |
| Nodes: | 16 (2 / 14) |
| Uptime: | 98:26:46 |
| Calls: | 6,659 |
| Calls today: | 1 |
| Files: | 12,208 |
| Messages: | 5,334,600 |