Refinery cutbacks... - BMW Luxury Touring Community
 
LinkBack Thread Tools Display Modes
post #1 of 17 Old Apr 19th, 2008, 8:51 pm Thread Starter
Senior Member
 
cfell's Avatar
 
Join Date: Apr 2004
Location: Round Rock, TX, USA
Posts: 7,794
Refinery cutbacks...

So... now that they are cutting back on fuel refining (due to the glut of unburned /unaffordable fuel), what do you think the impact(ssss) will be?

...............
J.M.J...
Dcn Channing

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
cfell is offline  
Sponsored Links
Advertisement
 
post #2 of 17 Old Apr 19th, 2008, 9:45 pm
Senior Member
 
dwsdad's Avatar
 
Join Date: Jul 2004
Location: Marshall, TX, USA
Posts: 1,751
Re: Refinery cutbacks...

Supply and demand. Cutting back on refining means they're trying to keep the prices up.

However, those refineries are the ones paying the $100+/barrel so they can make gas and diesel. I talked with a few folks from Valero & Tesoro and while back and they said they're really hurting because of the oil prices.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

'99K1200LT - "Bertha" - gone, but not forgotten!
'86 Concours - "Horse with no name" (under reconstructive surgery)
'06 K1200GT - "Road Rocket"
Marshall, Tx


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
dwsdad is offline  
post #3 of 17 Old Apr 20th, 2008, 3:16 am
Senior Member
 
Join Date: May 2006
Location: Clearwater , FL, USA
Posts: 728
Re: Refinery cutbacks...

Quote:
Originally Posted by cfell
So... now that they are cutting back on fuel refining (due to the glut of unburned /unaffordable fuel), what do you think the impact(ssss) will be?
What else would you expect with an Oil King George , at the helm, in the white .
Oisin is offline  
 
post #4 of 17 Old Apr 20th, 2008, 8:08 am
Cooler on the east coast!!!
 
gglove's Avatar
 
Join Date: Oct 2007
Location: Mount Pleasant South Carolina
Posts: 1,239
Re: Refinery cutbacks...

I have tried to find out how the price of fuel is derived and have never been able to.
I now just complain like must of us and pay the price.

G-Glove
2003 Silver LTC
gglove is offline  
post #5 of 17 Old Apr 20th, 2008, 1:03 pm
Senior Member
 
Chick's Avatar
 
Join Date: Feb 2005
Location: Coldwater, MI, USA
Posts: 629
Re: Refinery cutbacks...

Quote:
Originally Posted by Oisin
What else would you expect with an Oil King George , at the helm, in the white .
I am always amazed at the overwhelming power that the president has . . . NOT!!!!!


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Chick



To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Saved by Grace -- Ephesians 2:8-9


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
2005 Graphite LT


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
BMWMOA #118809


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
NRA Life Member



To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Chick is offline  
post #6 of 17 Old Apr 20th, 2008, 2:03 pm
Senior Member
 
Big_E's Avatar
 
Join Date: Dec 2004
Location: Prairieville, LA, USA
Posts: 1,291
Re: Refinery cutbacks...

What cut backs? They might be talking cut backs but, all the refineries I know of are still trying to squeese more in.

Big-E

1996 Kawasaki Vulcan 800
2001 Yamaha Venture- most comfortable bike on the road- Gone
2004 Honda Goldwing- Didn't like it- Gone
2005 BMW K1200LT- Great bike!- Lives on with another member
2008 Kawasaki Concours 14- Loving it for now
1998 Suzuki Bandit S-1200- Fun, just got it.
Big_E is offline  
post #7 of 17 Old Apr 20th, 2008, 3:00 pm
Senior Member
 
Join Date: May 2006
Location: Clearwater , FL, USA
Posts: 728
Re: Refinery cutbacks...

Quote:
Originally Posted by Chick
I am always amazed at the overwhelming power that the president has . . . NOT!!!!!
Chick,

I agree, King George does not have a lot of power. He gave it all to Cheney, and the oil executives.
Now he is just a talking head that tells us that our fine military men must be willing to give their all so that soccer mom's can off road!!!
Oisin is offline  
post #8 of 17 Old Apr 20th, 2008, 3:18 pm
Senior Member
 
gunny's Avatar
 
Join Date: Aug 2003
Location: Kings Mountain, NC, USA
Posts: 3,089
Thumbs down Re: Refinery cutbacks...

Quote:
Originally Posted by dwsdad
Supply and demand. Cutting back on refining means they're trying to keep the prices up.

However, those refineries are the ones paying the $100+/barrel so they can make gas and diesel. I talked with a few folks from Valero & Tesoro and while back and they said they're really hurting because of the oil prices.
They're doing something wrong. Look at the profits of Exxon and the others.

B D R
gunny is offline  
post #9 of 17 Old Apr 20th, 2008, 5:58 pm
Senior Member
 
Montycs's Avatar
 
Join Date: Jun 2006
Location: Colorado Springs, CO, USA
Posts: 210
Re: Refinery cutbacks...

Remember when a motorcycle was less then $5 to fill up? Those were the days

2002 R1150R rip
1996 R1100RT
Montycs is offline  
post #10 of 17 Old Apr 20th, 2008, 7:59 pm
Jim
Slow Old Guy
 
Jim's Avatar
 
Join Date: Apr 2002
Location: Idyllwild, CA, USA
Posts: 2,012
Re: Refinery cutbacks...

Quote:
Originally Posted by Montycs
Remember when a motorcycle was less then $5 to fill up? Those were the days
Hell, I remember when it was less than $5 to fill my car. '56 VW in '64.

Jim Anderson
Idyllwild, CA
'04 Ural Tourist
'08 Tiger
Jim is offline  
post #11 of 17 Old Apr 20th, 2008, 8:30 pm
Guest
 
2191's Avatar
 
Join Date: Dec 2002
Location: Danielsville, PA, USA
Posts: 747
Re: Refinery cutbacks...

Hell, I remember when I fille my car, handed the man $5.00 and got $2.50 change. He also wipe the windows, check the tire and said thanks for stopping.

1950 Chevy in 1957. Gas was $0.25/per gallon.
2191 is offline  
post #12 of 17 Old Apr 20th, 2008, 8:42 pm
Senior Member
 
Big_E's Avatar
 
Join Date: Dec 2004
Location: Prairieville, LA, USA
Posts: 1,291
Re: Refinery cutbacks...

Quote:
Originally Posted by dwsdad
Supply and demand. Cutting back on refining means they're trying to keep the prices up.

However, those refineries are the ones paying the $100+/barrel so they can make gas and diesel. I talked with a few folks from Valero & Tesoro and while back and they said they're really hurting because of the oil prices.
Don't forget the refineries that are paying $100+ for oil & the place selling it is owned by the same company. That $100 a barrel oil makes up a very small percentage of the refinery's feed stock, the rest of it is cheaper junk. But the gas price is figured on the $100 per barrel crude.

Big-E

1996 Kawasaki Vulcan 800
2001 Yamaha Venture- most comfortable bike on the road- Gone
2004 Honda Goldwing- Didn't like it- Gone
2005 BMW K1200LT- Great bike!- Lives on with another member
2008 Kawasaki Concours 14- Loving it for now
1998 Suzuki Bandit S-1200- Fun, just got it.
Big_E is offline  
post #13 of 17 Old Apr 21st, 2008, 7:10 am
Senior Member
 
Join Date: Jul 2005
Location: Warrington, Pa., USA
Posts: 635
Re: Refinery cutbacks...

I would just love to know the real reason why diesel fuel went from $3.18 a gallon in February to $4.60 a gallon right now here in SE Pa. China and India started buying more the past two months? I'm so tired of the B/S that I hear on why are energy prices are through the roof. If it's not refining more heating oil in the fall to changing to summer a blend in the spring, to a Japanese oil tanker getting hit by a small rocket right now sending crude to $117.40 a barrel, a new record! Oh, how much oil was lost in this attack, a few hundred gallons before the hole was repaired. How much is that hole going to cost us? Just wait for gas prices latter today! It's killing all aspects of the economy right now.
The only good thing I can see is MC sales are strong here and I'm seeing more and more bikes being used for commuting.
nplenzick is offline  
post #14 of 17 Old Apr 21st, 2008, 7:54 am
Senior Member
 
KMC1's Avatar
 
Join Date: Jul 2005
Location: SLC, UT, United States Of America
Posts: 2,337
Re: Refinery cutbacks...

Here's the answer - you can tell cause the guy doing the ad has an English accent!
Clickity Click

R1200GSA Hi Ho, Hi Ho, It's off to Alaska I go!
(Down to ONE BIKE - ARGH!)
KMC1 is offline  
post #15 of 17 Old Apr 21st, 2008, 8:36 am Thread Starter
Senior Member
 
cfell's Avatar
 
Join Date: Apr 2004
Location: Round Rock, TX, USA
Posts: 7,794
Re: Refinery cutbacks...

Quote:
Originally Posted by KMC1
Here's the answer - you can tell cause the guy doing the ad has an English accent!
Clickity Click
I remember as a kid we went to an "amusement park"... every time I would press the horn button, the ride would blow the fuse... really upset the operator.

First ride in the US and the guy isn't wearing ATGATT.

...............
J.M.J...
Dcn Channing

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
cfell is offline  
post #16 of 17 Old Apr 21st, 2008, 8:42 am
Senior Member
 
Join Date: Jul 2005
Location: Warrington, Pa., USA
Posts: 635
Re: Refinery cutbacks...

I saw these at the local Honda dealership. The price seemed high at just under 10K but the real drawback is their limited range of 50 miles before a recharge. They really need to at least double that to make it practical for a commuter scooter
nplenzick is offline  
post #17 of 17 Old Apr 21st, 2008, 10:17 am
Senior Member
 
Join Date: Jul 2005
Location: Warrington, Pa., USA
Posts: 635
Re: Refinery cutbacks...

Quote:
Originally Posted by nplenzick
Japanese oil tanker getting hit by a small rocket right now sending crude to $117.40 a barrel, a new record! Oh, how much oil was lost in this attack, a few hundred gallons before the hole was repaired. How much is that hole going to cost us? Just wait for gas prices latter today!
Well that didn't take long, Diesel yesterday $4.599 just got back from a errand it's now $4.699 here in SE Pa. [email protected]#$#@# believable!
nplenzick is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the BMW Luxury Touring Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome