Monday, April 26, 2010

It is ALLEGED that Shell and BP are selling Iraqi oil in America but not here.. WHY NOT HERE?

Where is ';Here';?It is ALLEGED that Shell and BP are selling Iraqi oil in America but not here.. WHY NOT HERE?
I believe wholeheartedly that you are a Jackass!!It is ALLEGED that Shell and BP are selling Iraqi oil in America but not here.. WHY NOT HERE?
Cannot answer this one, don't know where you are!
Calif. Oil Imports Show U.S. Dependence:


June 22, 2006 05:16 PM ET





NEW YORK (AP) - Just two Arab countries have supplied almost 50 percent of California's imported oil over the past five years, a dependence that leaves the state more vulnerable than the rest of the country to disruptions in the world oil markets.





The finding, based on an analysis of state and federal crude oil import statistics, underscores the challenges confronting both California -- the biggest gas-consuming state in the U.S. -- and the country as a whole as lawmakers grapple with consumer outrage over high prices at the pump and a U.S. deficit that has widened on the back of high crude prices.





We face a very challenging fuel market here,'; said Tupper Hull, spokesman for the Western States Petroleum Association, a Sacramento-based industry group. ';Unfortunately, the increasing reliance on imports is just one of the acute issues we're confronting,'; such as pipeline and refinery constraints.





Between 2001 and 2005, Saudi Arabia and Iraq provided an average of 49.6 percent of all the imports arriving in California, according to California Energy Commission figures. That reliance takes on a particular urgency in a market jittery over Iran's nuclear dispute with the United States and uncertain output from war-ravaged Iraq.





On the broader level, those two nations accounted for an average of almost two out of ten barrels of all crude refined in California where prices at the pump are about 30 cents per gallon higher than the national average. Conversely, in the U.S. Gulf Coast where import sources are more diverse, Saudi and Iraqi imports accounted for a five-year average of 25.3 percent of the total imports to that region.





';If you were to have a supply disruption in the Middle East, the West Coast system would have to go through some hard adjustments,'; said Eric Wei, a Los Angeles-based principal analyst at the energy consultancy Purvin %26amp; Gertz. ';Although it would not lead to a complete breakdown in the supply system, you could have some decline in crude runs and an increase in costs at the gas pumps in the short run.';





Like any market, the imbalance would eventually be corrected. Crude oil could be diverted from the U.S. Gulf Coast, for example, and taken through the Panama Canal, or drawn away from Asian markets. But that would also mean that California refiners would pay even higher premiums than what other markets would pay if there is a supply disruption -- particularly if another hurricane season similar to last year's leads to production shutdowns in the Gulf of Mexico.





';One of the most significant factors contributing to the costs of gasoline in California is the isolated nature of our market,'; said Hull. ';We're not connected through pipelines to the rest of the nation.';





Although still the fourth largest domestic producer of crude in the United States, California fields have been declining at a rate of between two to four percent per year, with production now averaging about 700,000 barrels per day. Imports account for roughly 751,000 barrels per day, or 40 percent of total use. Alaskan crude rounds out the remaining 20 percent of the state's needs, according to CEC figures.





The factors that place California at risk -- such as constrained refinery capacity, an inadequate oil and refining infrastructure and largely declining domestic production -- are mirrored on the national level.





Nationwide, imports accounted for about two thirds of the roughly 15 million barrels of oil per day processed in U.S. refineries, according to the U.S. Energy Information Administration. The amount of imports is expected to climb, as domestic crude production has fallen over the past few years. The EIA projects a modest increase next year with the start-up of new Gulf of Mexico fields, but those gains will only temporarily offset an otherwise steady fall.





But Californians are also at the mercy of other factors not present elsewhere in the country, such as a more limited list of crude suppliers, higher gasoline standards and geographic isolation from the pipelines that connect the rest of the country.





';Consumers don't really know what's going on'; in the global market, said John Felmy, chief economist for the Washington, D.C.-based American Petroleum Institute. ';When you have a fundamental lack of understanding about what is pushing up prices, people will be upset. They need to understand what's driving the market.';





While a complex network of pipelines link the U.S. Gulf Coast to the Midwest and the East Coast, California depends entirely on in-state crude or cargos of oil or refined products brought in from overseas -- from a limited number of suppliers.





This places a greater onus on other West Coast states who largely depend on California for their refining needs.





For example, only one pipeline brings in refined products like gasoline and jet fuel from Texas to Arizona, which relies on California refiners for roughly 60 percent of its petroleum products needs, said Rob Schlichting, a CEC spokesman.





';Since 1998, our refineries have not been able to supply all the needs of the states in the (West Coast) region,'; said Schlichting, adding that Nevada and Oregon also depend on California for nearly 100 percent and 35 percent of their fuel needs, respectively.





To meet the needs of California drivers who, according to the American Petroleum Institute, went through more than 43 million gallons per day of gasoline in 2005, the state -- the U.S.'s most populous -- has had turn to imports.





The increasing dependence on imports of crude oil and gasoline are largely to meet demand that has continued to climb even as the number of refineries producing gasoline in the state dropped from 32 in the mid-1980s to just 14 now -- largely as a result of the state's emission standards, the toughest in the country, said Hull.





';It's the addition of clean burning gasoline requirements that made it uneconomic to invest the billions needed to upgrade refineries,'; he said.





There are few quick solutions, say officials.





While state officials have pushed for greater conservation efforts, such as promoting and investing in alternative fuels, some industry analysts and lobbyists are voicing growing frustration with what they say is misplaced anger by state and federal officials, as well as the public, who view oil firms as the main culprits behind the tenacious strength of crude oil and gasoline prices.





Over the past few weeks, several state attorney generals have launched investigations into price-gouging, with some accusing refiners of being behind the tenaciously high prices at the pump. The governors of California and Maryland have also asked state officials to examine potential gouging.





';Fifty percent of consumers think (the gains in crude oil and gasoline prices) are all company profits,'; said the API's Felmy. ';As long as you have that lack of understanding, it's an excellent opportunity for politicians to play this bipartisan sport of kicking the oil industry.';
Huh? Where is here? And neither Shell nor BP are American companies, so what is your point?
The US gets little of its oil from the middle east. Most comes from countries close to the US.
I dun no are you here there some where else or no where if you answer that question maybe you could get a answer to yours
Where is ';here?'; Your question is unanswerable without that information.
umm, where be here?
Where is here?
where are you?
never heard that one although its posible probably to feed cheap fuel to america
i win
these ';allegations'; are true, the Iraqi govenment was very eager to sell oil to us, the British, French, Chinese... etc. unfortunatly because Saudi, Syrian, Iranian, Jordanian... etc. continue to terrorize the population of Iraq, pruduction comes out in a trickle far lower then pre-war
AMERICANS ARE THEIVE...OIL THEIVES....TO THEM,,,U SAY OIL AND THEY SAY WHERE...DUMBASSES
To keep the PRICE of there oil LOW


Thats why ours ( uk ) is so high





I think there President thinks we are Australian


we are his Bushbabies.


Blaire is a little turd


He can not upset George

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