
Originally Posted by
bassin_bug
Tim, you are on target with your statement. I was getting ready to write something similar but you said about what I was going to say.
As to the bold statement by Kyfanatic about oil refineries, anyone in the industry will tell you that refineries must be built close to the producing oil field because it is not feasible to do it otherwise. Just because a person drives by multiple refineries doesn't mean that, because they can count them, that there are sufficient numbers to refine the oil. Unless he is in a position to see the records, he's just speculating and doesn't know how the oil production industry functions. Most of the refineries that were alluded to in Louisiana were damaged by hurricane Katrina, some have been repaired but others have not.
There are 2 refineries within a mile of my house and neither of them collect the natural gas from the oil. Instead they burn it off and it goes into the environment through a blue flame that constantly burns.
In the last few years, research has shown that oil is a renewable resource and is no longer believed to be derived from fossils. The oil field that is 8 miles from my house was shut down more than 40 years ago because the wells were 'dry.' That field has been reopened and is producing more oil now than it did originally. I wonder if they were really dry or if something else was going on in the board rooms and in secret meetings.