- 02 Jul 2022 03:34
#15236518
The price of gas has come down a bit here. Which is nice.
But there's a problem, we don't have enough refineries.
The problem with refineries is they are massively expensive. People don't want to invest that much when they think they might wake up one morning to find a Tesla in every garage.
Not only that, many of them are old, which means they are dangerous, and make a lot of pollution. Recently one of them blew up, a pipe failed that had been installed in 1973, and never inspected.
So you can see why cities are glad to get rid of them, and use the land for other purposes.
Heard it on NPR. We can import refined product, but the demand is already high for foreign oil, which means shipping it out and back.
https://www.npr.org/2022/06/26/11072653 ... ces-russia
But there's a problem, we don't have enough refineries.
The problem with refineries is they are massively expensive. People don't want to invest that much when they think they might wake up one morning to find a Tesla in every garage.
Not only that, many of them are old, which means they are dangerous, and make a lot of pollution. Recently one of them blew up, a pipe failed that had been installed in 1973, and never inspected.
So you can see why cities are glad to get rid of them, and use the land for other purposes.
Heard it on NPR. We can import refined product, but the demand is already high for foreign oil, which means shipping it out and back.
https://www.npr.org/2022/06/26/11072653 ... ces-russia
Facts have a well known liberal bias