Referring to the Clinton administration’s decision to release extra oil from the strategic petroleum reserve, jmullaney said,
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Has it occured to anyone…
What a huge boondoggle this is to Big Oil – i.e. the Gas companies. They get to buy this oil cheaper.
Has it occured to anyone that the shortage is not OPEC’s fault, but a lack of refineries? All of our refineries are already operating at capacity – that is what is causing the shortage of home heating oil – they are having a hard enough time making enough gas.
Since the problem is not a shortage of oil but a problem of shortage of refineries, “Big Oil” get’s cheaper Oil, and still gets to charge just a much for goas and heating oil on the consumer end.
But don’t worry – Clinton will release $400 million dollar which the poor can give to Big Oil in exchange for not being allowed to freeze to death because Big Oil hasn’t built enough refineries. Big Oil is thus being rewarded for not building enough refineries.
Although I’m sure they will give a good chunk of that money to a worthy charity, like, oh, I don’t know, maybe to Al Gore’s campaign coffers?
Meanwhile, one of the cities that does have a number of refineries, and they have to be somewhere, is Houston. Houston is in Texas, and because of the refineries, Houston is polluted. Obviously all George Bush’s fault. Nothing to do with soccer moms with SUVs.
Oh, and of course, George is the “friend to big oil” not Al Gore.
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I reply with a link
http://cbsnews.cbs.com/now/story/0,1597,209159-412,00.shtml
questioning the assertion that Gore is ever going to get nearly as much support from big oil as Bush.
I’d also like to note that Texas is one of the worst states in the country as far as the environmental affects of its oil refineries.
http://www.environmentaldefense.org/programs/PPA/cg/or/or_state_rankings.html
This study takes into account the number of refineries, and still maintains that Texas is qualitatively one of the dirtiest states in the country in this regard.
