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Blake
Posted on Thursday, September 03, 2009 - 01:07 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Cool!

http://www.bloomberg.com/apps/news?pid=20601087&si d=a44RUTBIl_3Q
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Mr_grumpy
Posted on Thursday, September 03, 2009 - 01:58 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Yeah, too bad you guys are boycotting BP eh?
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Blake
Posted on Thursday, September 03, 2009 - 05:06 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

: ?
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Nevrenuf
Posted on Thursday, September 03, 2009 - 06:51 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

i just don't go to citgo's and it seems like more and more are closing up around here.
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Court
Posted on Thursday, September 03, 2009 - 08:41 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

We're boycotting CITGO.
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Cataract2
Posted on Thursday, September 03, 2009 - 09:03 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Waiting for the big "O" to step in and kill this one.
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Hughlysses
Posted on Thursday, September 03, 2009 - 09:28 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

We're boycotting CITGO.

Funny, 5 or 6 years ago I got chain e-mails from friends saying "Screw the Arabs! Buy all your gas at Citgo! All their oil comes from South America!". 6 months later I got chain e-mails from the SAME people saying "Screw Venezuela! DON'T buy gas at Citgo!"

Wish I could burn coal in my pickup...
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Hootowl
Posted on Thursday, September 03, 2009 - 09:50 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Boycotting CITGO stations won't affect Chavez in any way. Oil is an international commodity. It'll just sell somewhere else. Refiners buy oil on the open market. The gasoline you purchase at a Shell station could have originated from any company's oil field, including CITGO. CITGO the oil producer and CITGO the local gas station are not the same entity.
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Jaimec
Posted on Thursday, September 03, 2009 - 09:58 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Hootowl: Thanks for throwing some sanity into that idiotic argument. Boycotting one brand of gas doesn't do a damn thing, because the company will simply sell their oil on the market to their competitors who find themselves running low. In essence, if you don't buy Venezuelan oil from Citgo, you'll buy it from Exxon/Mobil, Shell, Sunoco, et al.

And Hughlysses made another point I agree with. Let me see if I get this straight: Rather than buy oil from a Christian country whose leader exercised his God-given right to free speech by attacking our leader with harsh language, you want me to buy oil from non-Christian countries that attack our CITIZENS with bombs and airplanes. Yep, makes perfect sense to me.

And the beat goes on...
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Cowboy
Posted on Thursday, September 03, 2009 - 10:03 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

It seems to me we could be self sufficent in a very short time if we were alowed to drill and put more refineries in place I dont under stand why the DEMOCRATS are hell bent on destroying the U.S.A.
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Jaimec
Posted on Thursday, September 03, 2009 - 10:18 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

You have a funny definition of "destroying the USA." Sounds to me like the Democrats are trying to PRESERVE the country for future generations and the Republicans want to dismantle it for immediate profit...
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P_squared
Posted on Thursday, September 03, 2009 - 10:24 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Leave the D-vs-R out of it for a minute.

I've got a bigger question/issue.

Isn't BP the company also profiting from the Libyan oil deal which is at the heart of the release of Meghari (Lockerbie bomber) on "humanitarian" reasons?

Now please resume the D-vs-R bickering.
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Elf
Posted on Thursday, September 03, 2009 - 10:25 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I think it's cool and all that they found some more, but...3 billion barrels? At the United States' current consumption rate of 20.68 million barrels per day (2007 figure), that's only enough for 145 days. Woohoo!



(Message edited by elf on September 03, 2009)
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Hootowl
Posted on Thursday, September 03, 2009 - 11:50 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Jaimec, it's worse than that. Valero is the main gasoline refiner in the US. That BP gas you buy is exactly the same gasoline that they sell at Shell or Texaco or Chevron or CITGO with the exception of the additive package they add when they fill up the delivery trucks. Gasoline in most cities is delivered by pipeline. They all feed from the same trough.

Boycotting CITGO sends a political message, but certainly not a financial one. Unless you consider the poor schmucks that work at or own the retail stores who lose their jobs when the store tanks. Gasoline is not where they make their money anyway. That just draws in the customers. Beverage and cigarette sales make up the bulk of their business.
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Cowboy
Posted on Thursday, September 03, 2009 - 12:05 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I learned a long time ago not to worry about preserveing products of the day. My grandfather drove himself crazy worrying that all the cyprus trees being cut down and future genarations would not have any thing to make a roof(shingles) with and damed they started makeing out of asphalt. dont worry the young will figer out what they need
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Greenlantern
Posted on Thursday, September 03, 2009 - 12:05 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

If one was to try to purchase any manufactured, refined or prepared product which did not have any "tainting" in it's makeup, that person would die a naked and starving soul.
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Rfischer
Posted on Thursday, September 03, 2009 - 12:51 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

"....the gasoline you buy is exactly the same..."

Sometimes, but for a slightly different reason. The major retail vendors have deals with refiners and distributors in their various markets to buy from the closest source to the delivery point.

In an earlier lifetime [I've had several] I drove tankers for Texaco out of their Port Credit refinery on the west side of greater Toronto. If a Texaco truck is coming back from a delivery north of Toronto and scheduled to make another delivery north or east of or in the city, it loads at the Exxon bulk plant in North York [north side of the metro area]. Similarly, a truck coming back from the Niagara region with another delivery there or to the west will load at the BP refinery in Burlington.

The idea is to save time and fuel in the distribution process.

And, all refined fuels are chemically similar and regulated at the refinery level. Nothing is "added" at the time of loading on trucks. The one exception is winter or "minus 20" diesel which can mixed in the loading process by adding a % of kerosene to summer diesel. Don't know if that's done anymore as all truck loading [at least at refineries and major bulk plants] is now done by electronic bottom loading for environmental reasons.

(Message edited by rfischer on September 03, 2009)
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Hootowl
Posted on Thursday, September 03, 2009 - 02:15 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Nothing is "added" at the time of loading on trucks

I've seen them do it after all filling up from the same tanker.
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P_squared
Posted on Thursday, September 03, 2009 - 02:21 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

You have a funny definition of "destroying the USA." Sounds to me like the Democrats are trying to PRESERVE the country for future generations and the Republicans want to dismantle it for immediate profit...

Can you explain that statement in light of giving $2B of our money to Petrobas for offshore exploration & drilling in Brazil?

Source: http://online.wsj.com/article/SB100014240529702038 63204574346610120524166.html

Or am I supposed to deduce that Democrats care about the U.S. environment ONLY? Therefore it's okay for offshore drilling elsewhere, just not here?
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Rfischer
Posted on Thursday, September 03, 2009 - 02:32 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Hootowl,

Don't know what you mean by "filling up from the same tanker". That is not how petroleum distillates, whether fuels or chemicals, are loaded on trucks, or railcars for that matter.

As for what you may have seen, I can't comment because I wasn't there. But I do know how trucks are loaded by Texaco, BP, and Exxon, and that nothing is "added" during that process.

I did it for a living.
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Hootowl
Posted on Thursday, September 03, 2009 - 02:56 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

A pipeline had ruptured in Seattle, and they were bringing in gasoline via ship. The delivery trucks from all the retail vendors in the area were filling up from the tanker. Additives were blended in the vehicle. That is a unique situation I'll admit, but my point is still valid, which is that normally they're all getting gas from the same pipeline. It's really hard to separate BP gas from Texaco gas when it's all coming in at the same time through the same pipe. Gas is a commodity, and not buying gas at a retail CITGO station isn't hurting Chaves one tiny bit.
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Rfischer
Posted on Thursday, September 03, 2009 - 03:30 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

OK - now I get what you meant. Perhaps a unique situation. What you probably saw was dye being added, which is done after the refining process. Red and yellow, depending on grade. Used to be a blue too, back in the days of "Sunoco 260". It is a coloring agent only, not "additive".

As for your point about Chavez and Citgo, I agree. However, be aware that Citgo sold off the retail distribution and sales operation earlier this year. So the point is moot in any event.



A
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Hootowl
Posted on Thursday, September 03, 2009 - 03:37 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

It was additives in this particular case. It was even on the news. People questioned why they should pay more for Chevron rather than buy the Arco gas (since we all saw them filling up at the same place) and the answer was the formulation of the additives, which they were adding in the trucks. Granted, unique situation. But that wasn't really my point anyway.

I wasn't aware that CITGO sold off their retail business. All the more reason why a boycott is is not a very good idea.
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Mr_grumpy
Posted on Thursday, September 03, 2009 - 03:43 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Wow, I was only having a little fun at your expense, didn't mean to kick off a riot.

Last week Americans were being exhorted to boycott BP, & Scotch whisky etc, in moral outrage against the Scottish government releasing the Lockerbie bomber. Yes even on here too.
I've no intention of revisiting the rights & wrongs of the whole deal, it's way beyond me, & about as interesting as watching a turd decompose.

Anybody whose feathers I've ruffled, sorry that wasn't the intention, but HTFU anyway.

Peace & love to all.
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Lake_bueller
Posted on Thursday, September 03, 2009 - 04:12 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

"boycott...Scotch whisky

NEVER!!!! There are some places where I need to draw the line
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Edgydrifter
Posted on Thursday, September 03, 2009 - 05:20 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I've been "boycotting" scotch for years. Not for political reasons--I just prefer bourbon.
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Whatever
Posted on Thursday, September 03, 2009 - 05:31 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Most of the environmental problems from the petroleum industry are from refineries that have been in existence since the 1950s with massive leaks inside the berms of the tank areas that were never lined properly in impervious sub strata. Same thing for coal gassification plants. As far as I can tell the major enivronmental problems are not from drilling operations.

Correct me if I am wrong. The best solution is to move to ethanol which is made from corn, soy, etc. They now make cellulosic ethanol that is made from the actual stalks and leaves of the corn not the kernal.

It is all pretty interesting stuff. I however do not care to work on more refinery clean up projects it is boring and tedious work with many long hours in the field.
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Court
Posted on Thursday, September 03, 2009 - 09:45 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

>>>Boycotting CITGO stations won't affect Chavez in any way.

Not quite.

MOST oil is a commodity . . not so for the oil from Venezuela . . there is one, and ONLY one county, in the world set up to refine it.

The United States of America.

Now .. I have no idea where I heard this . . it was on a news program a couple years ago . . but, hey . . it's the internet . . see what you can find.
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Mr_grumpy
Posted on Friday, September 04, 2009 - 04:20 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

If that's the case, what happens when arabian oil is no longer available to the US & Chavez is being difficult?

Do you do a "transit" deal with Mexico & send the tanks south?
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Rfischer
Posted on Friday, September 04, 2009 - 09:02 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Court,

If you are referring to "heavy" [high-sulpher content] crude as opposed to "light, sweet" crude, that may be correct, at least for the Americas. I believe the only refineries capable of cracking it are here. Louisiana and TX. That's where CDN oil sands crude has to go.

But, I'm far from sure that all Chavez's oil is heavy. A lot of it is sold, or given throughout Latin America and the Caribbean as a means of building political influence. I am unaware of refineries in those places that can deal with the heavy stuff. I could be wrong....
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Hootowl
Posted on Friday, September 04, 2009 - 10:23 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Court,

The gasoline you buy from CITGO stations is not necessarily refined from CITGO oil.
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Bads1
Posted on Friday, September 04, 2009 - 12:20 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

If you guys wanna boycott Citgo then don't buy Syn 3. Guess who makes it. I can'[t answer all your questions regarding the blends that are added and so on. But Maybe my Brother can. He owns a BP and a Mobil. He has been under contract over the years with 76,Sinclair and even was independent to purchase his own gas. I'll be with him this evening for cocktails. If you guys think he could answer a question fire away. I'll check this before I go and answer later. Hes been in the Gas business now 16 years.
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