Posted by Deutz Lover on July 01, 2016 at 20:02:59 from (70.193.162.248):
In Reply to: War on coal posted by Geo-TH,In on July 01, 2016 at 05:13:27:
According to Factcheck.Org there were 301 refineries operating in the USA in 1982. As of 2008 that number had been reduced to half that. The current refineries are operating at near capacity so there is no capacity to take up the slack if one goes down. These refineries were not closed due to EPA regulations but due to efficiency moves made by the petroleum industry so they said. There very little reserve capacity and a lot less storage for refined petroleum than there used to be. If some natural disaster were to occur.
This happened several years ago and when one went down due to an explosion the price of refined gas jumped. San Francisco August 8, 2012. Chevron refinery. There have been others, but this just one example. Sometimes the pipelines or platforms have been damaged by hurricanes and this idles refineries. Any stoppage of raw or refined petroleum has been used to raise gas prices. Even with the strategic reserves shortages can occur if damage or shortage persist for longer than several weeks.
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