Friday, December 18, 2009

Could a private entity build an oil refinery and produce more gasoline to ease the strain on the community?

I understand there would have to be a huge amount of capital and certain interests in improving society but could it be done? And it seems that anyone with the funds would already have interests in oil so to make gas cheaper he would inturn be hurting himself. Is there an ethical way to fix the gasoline issue that has a chance of being used? thoughts pleaseCould a private entity build an oil refinery and produce more gasoline to ease the strain on the community?
No, the big oil companies would use their influence in the Gov't permitting system to prevent this from happening. The big oil companies have big money to dole out politicians and gov't officials to enusre they have the monopoly (among themselves). This keeps the market up, and the profits.





Also, the cost would be outrageous for any private entity to undertake.





Bottom line is Big Oil has WAY too much money for anyone to compete. Our (as a culture) best bet is to reduce consumption of gasoline, and therefore the demand. This is the only way to reduce the cost of a gallon of gas.Could a private entity build an oil refinery and produce more gasoline to ease the strain on the community?
I would think if anyone with huge sums of money and influence would have done it by now.
There are probably grants in place to start the process but you are correct in saying that it would take a huge amount of capital-to just strat the planning process alone. Oddly enough I had this same idea in mind yesterday- about additional refineries.


But to answer your question: yes, anything is possible, if you have the time, motivation, and resources to pursue such grandiose pursuits and little opposition. In the mean time we can all do our part in our own small way by being less wasteful with not only fuel but things like water.


If the state %26amp; fed governments could agree upon a plan and how it would be funded that would be a possible avenue but there is a lot of red tape to get through first and secondly, since they already have a vested interest in the higher costs in the form of gas taxes, this sinerio would be slow in coming if it ever did. You would have to solicite investors and have a comprehensive plan in place to start.


If the president would open up our oil reserves even for a short period, (one hour even) that would have a significant effect on supply and demand and subsequent price.


What ever happened to the A-55 water based fuel that was developed and tested a few years ago? Why arn't gas and deisel engines made more effeciently in different ways such as burning off the excess emmissions of unburned fuel? One answer to these questions as well as your own is there are too many and powerful special interests in conflict. Lets say you had accomplished 99% of your plan to build a refinery for the common good-you would now have the daunting task of getting by all of the regulartory agencies to complete the project and such bureacratic assessments and studies would likely take years! So you see there are no easy answers.


I have to laugh at the pompous address to the problems by our officials as related in yesterdays news casts that we may see easing of prices when the refineries complete thier system upgrades that would make the refining process more efficient. So instead of our government representatives to depend on we can depend on actions from the oil compaines and refineries who are reeling in record profits and paying there top executives record bonuses. What a load of garbage.


Unless the people unite and initialte political referendums and make demands upon thier government representitives to take action for profit reforms and appropriate measures, you won't likely see any releif at the pumps.


As for myself, I look forward and pray for the Kingdom to come and rule with justice and righteousness. That is the real answer.
obviously with the planet in the shape that it has fossil fuels are not the answer! What we're doing now in the 21st century is so primitive would you imagine people in the 1950s using steam power and trains? Think for a minute, and that's what we're exactly dealing by burning fossil fuels which by the way -- the hippies were anti-nuclear because of radiation; but by burning gas we have released more radiation than all of the nuclear power plantsin the world!! of course that generation doesn't care, because they killed all the urge brain cells with narcotics which were clearly illegal -- and I wonder why question could it be because after all these years they still haven't grown up whom I wonder I'll have to think hard about that LOL
Many companies have tried over the last 15 years. The regulatory red tape, environmental requirements, and long process have discouraged them all. Not a single refinery has been built in the last 15 years.
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