Inhofe and Upton: Just Say No to the E.P.A. (click here)
By JOHN M. BRODER
Senator James Inhofe, Republican of Oklahoma, and Representative Fred Upton, Republican of Michigan, on Thursday formally introduced their bill to thwart the Obama administration’s intent to regulate greenhouse gases from power plants, factories and refineries.
Dubbing their measure the “Energy Tax Prevention Act,” Mr. Inhofe and Mr. Upton said that their goal was to reverse the agency’s finding that carbon dioxide and other heat-trapping gases are a danger to human health and the environment. They described the pending regulations as a hidden tax that will throttle the economic recovery, drive up energy prices and force the closure hundreds of power plants and manufacturing facilities....
Texans are addicted to oil. They are always behind the times. It is completely obvious this is the energy policy of the GOP with another oil man as Romney's Energy Advisor.
Why are Republicans ranting about The Keystone Pipeline? CORRUPTION and the money that guarantees it!
Within a Month, Which Refinery Will Be the Largest in the US? (click here)
By Ashim Midha
Apr 20, 2012 8:55 am
Eagle Ford Shale Project, Seaway reversal, and other factors favor expansion of Saudi-Shell's Port Arthur refinery in Texas.
While US Northeast refineries such as ConocoPhillips’ (COP) Trainer as well as Sunoco’s (SUN) Girard Point and Marcus Hook are on the verge of shutting down if a buyer is not found, the historic Port Arthur refinery near Sabine Lake in East Texas is about to complete a massive expansion.
Continually improving exploration and production technology will allow for significantly greater oil recovery from the Eagle Ford shale and Permian Basin in Texas – aggregate flow from these regions is expected to multiply several times over within the next few years. Increased flow from the Bakken Shale in North Dakota and Athabasca Oil Sands near Alberta, along with the reversal of Enbridge (ENB) and Enterprise Products Partners’ (EPD) Seaway Pipeline, will also add to the vast quantity of oil moving toward Gulf Coast refineries such as Port Arthur.
Continually improving exploration and production technology will allow for significantly greater oil recovery from the Eagle Ford shale and Permian Basin in Texas – aggregate flow from these regions is expected to multiply several times over within the next few years. Increased flow from the Bakken Shale in North Dakota and Athabasca Oil Sands near Alberta, along with the reversal of Enbridge (ENB) and Enterprise Products Partners’ (EPD) Seaway Pipeline, will also add to the vast quantity of oil moving toward Gulf Coast refineries such as Port Arthur.
After the Port Arthur project is completed within the next month, the 110-year-old facility’s throughput capacity is expected to more than double to 600,000 barrels per day ("bpd"). It will rank as the largest in the United States (measured by operable capacity) and among the top 10 in the world. Following expansion, it will surpass the largest US refinery, ExxonMobil’s (XOM) Baytown, by approximately 40,000 barrels. The Port Arthur refinery currently handles 285,000 bpd and is the 15th largest in the country. For the sake of scale, the world’s largest is Reliance Industry’s 1.24 million bpd facility located in Jamnagar, Gujarat, India....
Texas and Oklahoma care about nothing, except, billions from oil. They have no vision of freely the USA from high fuel prices which are set on the global market and they are taking petroleum assets of the USA away from future generations to ship all over the world. They are greed driven and have absolutely no conscience.
