Myth 1: Oil refineries are not being built in the U.S. because environmental regulations, particularly the Clean Air Act, are so bureaucratic and burdensome that refiners cannot get permits.
Fact: Environmental regulations are not preventing new refineries from being built in the U.S. From 1975 to 2000, the U.S. Environmental Protection Agency (EPA) received only one permit request for a new refinery. And in March, EPA approved Arizona Clean Fuels’ application for an air permit for a proposed refinery in Arizona. In addition, oil companies are regularly applying for – and receiving – permits to modify and expand their existing refineries.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 Memos make clear that blockages in refining capacity and opening new refineries did not come from environmental organizations, as the oil industry claimed, but via a deliberate policy of limitation and price gouging at the behest of the oil industry itself.
TPJ: Like many issues in American society, however, I doubt that many in our lazy country know this and are even willing to research it. I find that funny because I found this information within a few minutes on Google. So all a person has to have to do this research is a computer and a few minutes. However, many Americans would rather just click on the t.v. and be told what to believe and/or don't really want to know the truth because then they'd have to sacrifice, conserve and change their ways in other areas of their lives.
Meanwhile: Senator John McCain said he can't remember the last time he pumped gasoline or the cost of a gallon of a gas in an interview with the Orange County Register earlier this week. "Oh, I don’t remember. Now there’s Secret Service protection. But I’ve done it for many, many years. I don’t recall and frankly, I don’t see how it matters," McCain said.
TPJ: It matters because you're running for president. Apparently he wants us to believe that he's in touch with the average American's problems despite him not knowing the price of gas? Yet the McCain campaign is trying to paint Obama as the elitist? McCain and his wife Cindy own at least 7 homes!!!
This kind of talk sure makes me feel that he's more in touch with the needs of the oil industry than you or I. It is yet another example of how out of touch McCain is regarding our economy and with average Joe American.
I guess he's snoozing on all those bus trips around America because how could he not see the 15 foot signs with the massive numbers flashing the gas prices in bright red letters at gas stations which are almost located on every street corner?
What a dumb ass. Of course it matters as it affects the price of everything!! High oil prices affect the price of groceries, diapers and pretty much everything that we buy. Let them eat cake eh Johnny?
Plus: A group of American advisers led by a small State Department team played an integral part in drawing up contracts between the Iraqi government and five major Western oil companies to develop some of the largest fields in Iraq, American officials say.
In their role as advisers to the Iraqi Oil Ministry, American government lawyers and private-sector consultants provided template contracts and detailed suggestions on drafting the contracts, advisers and a senior State Department official said.
The contracts are expected to be awarded Monday to Exxon Mobil, Shell, BP, Total and Chevron, as well as to several smaller oil companies.
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