Wednesday, September 07, 2005

George and Dick's Buddies

Deliberately, conspired to fuck you over.

Big OIIIIIIIIIIIIIIIIIIIILLLLLLLLLLLLLLLLL

It's worth going to war over, it's worth hurting the middle class and poor over.

But keep driving that magnet bearing Hummer Mr. & Ms. A-Hole America...and vote Republican.

I don't know how many times Conservatives -- specifically Dick Cheney -- have complained of environmental regulations eliminating refining capacity.

Try some other lie Dick.

-- An internal 1996 memorandum from Mobil demonstrates the oil company's successful strategies to keep smaller refiner Powerine from reopening its California refinery. The document makes it clear that much of the hardships created by California's regulations governing refineries came at the urging of the major oil companies and not the environmental organizations blamed by the industry. The other alternative plan discussed in the event Powerine did open the refinery was "....buying all their avails and marketing it ourselves" to insure the lower price fuel didn't get into the market.

-- An internal Chevron memo states; "A senior energy analyst at the recent API convention warned that if the US petroleum industry doesn't reduce its refining capacity it will never see any substantial increase in refinery margins."

-- The Texaco memo disclosed how the industry believed in the mid-1990s that "the most critical factor facing the refining industry on the West Coast is the surplus of refining capacity, and the surplus gasoline production capacity. (The same situation exists for the entire U.S. refining industry.) Supply significantly exceeds demand year-round. This results in very poor refinery margins and very poor refinery financial results. Significant events need to occur to assist in reducing supplies and/or increasing the demand for gasoline. One example of a significant event would be the elimination of mandates for oxygenate addition to gasoline. Given a choice, oxygenate usage would go down, and gasoline supplies would go down accordingly. (Much effort is being exerted to see this happen in the Pacific Northwest.)" As a result of such pressure, Washington State eliminated the ethanol mandate - requiring greater quantities of refined supply to fill the gasoline volume occupied by ethanol.


UPDATE: Scout notes that who would be involved with this little scheme but Haley Barbour.

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