The Closure Of The U.S. Oil Refinery Industry In The Past 2 Years? WHY?

O.K. We've got billions of gallons of oil under Montana and N.Dakota that we can extract. But what happens if there are no refineries to process it as reported below???

Oil Refineries are doing a mass exodus

In the late 70's and early 80's, I was involved in the Coast Guard Facility Inspection Program in the Chicago area. We had refinery's then that are no longer there. While not the only reason they are gone, the chief reason was/is Local, State, and Federal EPA regulations.

I have no interest in your political persuasion, but if people keep electing/reelecting the politicians that bow down to kiss the rings of environmentalist, how long before we are no longer able to produce or grow anything in this country. Ask the farmers in California that watched their fields dry up, because needed water was diverted to save some fish that 99.999% have never seen or heard of. Outside of people, living or growing up in rural areas, how many would recognize an owl, much less a spotted owl, if it landed on their shoulder????

This comes from a retired oil executive who spend some 40 years in the industry.
Mass Exodus US Oil Refinerys
The Closure Of The U.S. Oil Refinery Industry In The Past 2 Years
In 2010, there were 149 operable U.S. refineries with a combined capacity of 17.6 million barrels (2,800,000 m3) per day. Something odd started happening in late 2010-early 2011. The US oil refinery industry quielty announced the closure of numerous US oil refineries. Many are completely unaware the US ships oil overseas to be processed. We do so as we do not have enough refineries to process the vast amounts here, and we are barred from building anymore refineries. All refineries perform three basic steps: separation, conversion, and treatment. Pretty simple.
Several reasons include technical and economic factors as to why we ship it overseas to be processed.
1. The crude petroleum is sold to the highest bidder, NOT the nearest bidder
2. There are different kinds of crude oil, such as sweet/light and dark/heavy. They have different applications and uses.
3. Different kinds of refining processes are needed to make different products from the crude oil. Petroleum is processed to make lots of products other than gasoline, like plastics and asphalt.
4. Politics, unions and the "enviornmentalists"
How many of you are aware Sunoco, ConocoPhillips and The HESS Corp are all closing US oil refineries? Not many, as the media refuses to give this HUGE story coverage. My guess is that if Americans understood the complete truth to how we are being sold out, and enslaved there just might be the much needed revolution to turn this country around.
Last September, both Sunoco & CP announced plant closing, effecting thousands of workers. Sunoco announced they are completely getting out of the oil industry. Closing up shop. They are done with the US oil industry.
Sunoco is closing it's 2 oil refineries in July 2012 in Philadelphia and Marcus Hook, Pa. Those 2 facilities alone process over 500,000 barrels a day.
Also announced last year, ConocoPhillips announcd 2 plant closing for sure in Trainer, PA and Bayway, NJ., the other 3 plnts are undecided as of today.
Conoco also announced they were closing their Alaskan refining facility:
Just a week ago, the US 3rd largest oil refinery owned and operated by The HESS Corp just announced it's permanent closure. Costing over 2,000 jobs, and effecting 950 contractors:
Refineries on the East Coast of the US supply 40% of the gasoline sales and 60% of the diesel and other fuel oils.
Of that, HALF that comes from the Sunoco & ConocoPhillps plant closures.
When ConocoPhillips announced that it was closing the Trainer refinery, Willie Chiang, then ConocoPhillips' Senior Vice President of Refining, Marketing, Transportation and Commercial, noted that their decision to sell, like Sunoco's, was based on unfavorable economics caused by a competitive and difficult mark et environment characterized by "...product imports, weakness in motor fuel demand, and costly regulatory requirements."
They are ALL closing up shop due to gov regulations, union demands and excessive operating costs brought on by the Gov regulations.
Then you have the unions, led by Barry's buddy Leo Gerard saying they will clsoe ALL US oil refineries starting from the east coast to west coast today.
The unions are shutting down ports, rail and air across the pond right now......the SAME EXACT thing they plan on doing here. When the ships stop importing, the rails & air stop much is everything you consume gonna cost? Remember...we are a CONSUMING country, no longer a producing one.
The excessive and costly gov regulations on the US oil refinery mark et has forced companies to re-evaluate the cost of doing business in the US .
Why have operations in the US where you bleed money via regulations & demands, when you can have refineries built in Columbia , Mexico or Brazil for pennies on the dollar, and less regulations?
It's all business America ...nothing personal.
Besides.....your gov is giving BILLIONS to Columbia and Brazil to build refineries to process all that oil the US is losing.
We are building up every country on earth, while destroying our own....all in the name of redistribution of wealth.
I covered some of these "deals" Barry inked in my previous note:!/note.php?note_id=145148522268243
You do the math. When the US oil refineries finally close up shop, who will process all that oil....and how much do YOU think that oil will cost when it's ALL processed over seas?
Think gas and energy costs are high right now.......wait 6 months. You haven't seen anything yet.
How can anyone expect any company to do business with an anti-American, hostile gov out of control? You can't. That is why we are seeing a mass exodus, across the board in every industry in the US LEAVING.

As this message below states, this is not new information. It is just infuriating to be sitting here after all of these years with nothing done. This is just one more example of how little integrity our elected officials on both sides of the fence have. We must continue to do all we can to rid these hypocrites from the system, top to bottom. I strongly support TERM LIMITS; among many other serious reforms.

Saw it before. Read it before. Believed it then. Believe it now. So who is conning whom? Why does O pander to the environmentalists? Why does he want us to buy a car that costs $100,000 and 20 times more to run per mile than gas does?

Here's an astonishing read. Important and verifiable information :

About 6 months ago, the writer was watching a news program on oil and one of the Forbes Bros. was the guest. The host said to Forbes, "I am going to ask you a direct question and I would like a direct answer; how much oil does the U.S. have in the ground?" Forbes did not miss a beat, he said, "more than all the Middle East put together." Please read below.

The U. S. Geological Service issued a report in April 2008 that only scientists and oil men knew was coming, but man was it big. It was a revised report (hadn't been updated since 1995) on how much oil was in this area of the western 2/3 of North Dakota, western South Dakota, and extreme eastern Montana ..... check THIS out:

The Bakken is the largest domestic oil discovery since Alaska 's Prudhoe Bay , and has the potential to eliminate all American dependence on foreign oil. The Energy Information Administration (EIA) estimates it at 503 billion barrels. Even if just 10% of the oil is recoverable... at $107 a barrel, we're looking at a resource base worth more than $5...3 trillion.

"When I first briefed legislators on this, you could practically see their jaws hit the floor. They had no idea.." says Terry Johnson, the Montana Legislature's financial analyst.

"This sizable find is now the highest-producing onshore oil field found in the past 56 years," reportsThe Pittsburgh Post Gazette. It's a formation known as the Williston Basin , but is more commonly referred to as the 'Bakken.' It stretches from Northern Montana , through North Dakota and into Canada . For years, U. S. oil exploration has been considered a dead end. Even the 'Big Oil' companies gave up searching for major oil wells decades ago. However, a recent technological breakthrough has opened up the Bakken's massive reserves..... and we now have access of up to 500 billion barrels. And because this is light, sweet oil, those billions of barrels will cost Americans just $16 PER BARREL!

That's enough crude to fully fuel the American economy for 2041 years straight. And if THAT didn't throw you on the floor, then this next one should - because it's from 2006!

U.. S. Oil Discovery- Largest Reserve in the World

Stansberry Report Online - 4/20/2006

Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world. It is more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction. In three and a half years of high oil prices none has been extracted. With this motherload of oil why are we still fighting over off-shore drilling?

They reported this stunning news: We have more oil inside our borders, than all the other proven reserves on earth.. Here are the official estimates:

- 8-times as much oil as Saudi Arabia

- 18-times as much oil as Iraq
- 21-times as much oil as Kuwait

- 22-times as much oil as Iran

- 500-times as much oil as Yemen

- and it's all right here in the Western United States .

HOW can this BE? HOW can we NOT BE extracting this? Because the environmentalists and others have blocked all efforts to help America become independent of foreign oil! Again, we are letting a small group of people dictate our lives and our economy.....WHY?

James Bartis, lead researcher with the study says we've got more oil in this very compact area than the entire Middle East -more than 2 TRILLION barrels untapped. That's more than all the proven oil reserves of crude oil in the world today, reports The Denver Post.
Don't think 'OPEC' will drop its price - even with this find? Think again! It's all about the competitive marketplace, - it has to. Think OPEC just might be funding the environmentalists?

Got your attention yet? Now, while you're thinking about it, do this:

Pass this along. If you don't take a little time to do this, then you should stifle yourself the next time you complain about gas prices - by doing NOTHING, you forfeit your right to complain.

Now I just wonder what would happen in this country if every one of you sent this to every one in your address book.

By the way...this is all true. Check it out at the link below!!!
GOOGLE it, or follow this link. It will blow your mind.

another interesting article I found as I researched the above information..

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