Damn! Look at the price of gas!!!

[Times Roman]

Tr, I may be mistaken but I believe the formula to compute octane reading may be different overseas. What you say about compression is correct, barring one exemption. Turbos.
European cars typically lean toward turbocharged engines. They love higher octane fuel, in fact they require (stateside) 91 octane minimum.

Around here, you can find 100% gas still. It's .20-.30 higher then e10.

There's also a station close to be that sells 101 octane at the pump. I used to fill up with it on the weekends in my camaro, on the way to the nitrous filing station.

ok, turbos may not increase the compression ratio of an engine, but they do stuff more into a cylinder than normally aspirated engines. which is why they often have lower compression ratios and quite often require higher octane gas like premium.

I've been wanting to get another Harley. a bar hopper, with a super charger. only $45k in my estimation. but I have not been riding much lately....

[lovbyts]

ok, turbos may not increase the compression ratio of an engine, but they do stuff more into a cylinder than normally aspirated engines. which is why they often have lower compression ratios and quite often require higher octane gas like premium.

I've been wanting to get another Harley. a bar hopper, with a super charger. only $45k in my estimation. but I have not been riding much lately....

Yup, my 1991 little 3.0 V6 with Twin Turbos (13g) only has 8.5-1 compression and puts out 400hp. I HAVE to run premium in it or it gets detonation/ping and that will destroy an engine eventually and make it run like crap.
My 1967 Camaro had 12.5-1 compression and also had to use premium although it was not the same premium by today's standard, it wouldn't cut the mustard so to speak. I would have to purchase racing fuel to run the car and put lead additive in it.

[DCI]

Turbos run a lower physical compression ratio esp on older non direct injection but overall the cylinder pressure due to the fact that they are forcing more air into the cylinder they run a higher over all comp when the turbo boost is taken into account than an na engine.

Take my GT4 Celica from 2500 to 3000 revs its building boost to 1bar and when the engine is hot and you let off from those revs while building boost it will pop and bang like mfer due to it running crazy rich to keep egt down and cylinder temps due to it building the boost under load etc which causes massive heat the ecu is old therefore has to compensate.

But modern direct injection turbos are running massive cr compared to my celica. The multiair fiat 500's for example.

[hawk14dl]

I think you completely missed what I was saying.

I said, your statement about compression is true. Higher compression needs more octane. Then I said, the exception to that is turbos.

I said it differently, but for whatever reason it apparently didn't make sense

[optionsdude]

New oil well permits decline by 40%. RWY your pick up in oil stocks was early. Bottom fishing is risky AKA catching a falling knife. Wait until the knife falls on the floor before picking it up.

[< <Samson> >]

What is the compression of newer direct injected cars?

Haven't looked into it much do to being able to afford anything remotely new.


About time they started using direct injection though. Shit, it's just so much more efficient.

[hawk14dl]

I think they're usually around 9.5:1. Higher performance cars might be closer to 11:1

[Times Roman]

$2.79.......................

[clarky.]

Yous still moaning about petrol (gas) lol.

[oldenred]

$2.47 in Savannah

[hawk14dl]

We had a station at 1.94 the other day.

[Times Roman]

when I was in public accounting, I'm thinking around 2001 or so, I saw the price of gas go to $0.87/gallon

[Joeydunk]

$50 to fill up my taco, I'll take it anyday

[Times Roman]

your taco?

[wmaousley]

Prod Sharing Agreement.pdf

This is a supply and demand issue and could actually be a bad thing. In case you haven't noticed the price of drilling and fracking related stocks went down faster than gas, especially anything to do with fracking. It costs more to extract oil fracking than it does drilling and refining oil from the Canadian tar sands is even more expensive to refine. If opec doesn't cut production and the supply build up continues to increase fracking fields will slow on exploration or stop all together. This will be good for the economy at first but horrible if oil gets much lower. Fracking companies have long term debt from the price of exploration and land acquisitions (Fracking companies do not explore or aquire land. Fracking companies as you all them are service companies who perform a job) if they start to default it could be bad. They were all banking on selling oil for 85-100 per barrel once the price point gets too low production will dip and then they really won't make enough money to service the debt. (the price of produced oil is contractually pegged. No company pays that amount per barrel. This is where you (the general public are very misinformed). Not to mention the money being made by the oil field workers being suddenly taken out of the economy. This ties in with what Shol'va mentioned about the conflict between the Saudis and Iran and Russia. The Saudis could screw us as well on this. As for diesel we probably won't get much relief due to an increase in the transportation industry and the fact that diesel is tied to home heating oil which is in high demand on the east coast right now.

My frustration is growing because you guys are very misinformed about how all this works. Lets say the speculated price of oil in $94 a barrel. E&P companies will forecast a budget of the PPB being 35%-40% less due to fluctuations allowing them to continue production operations.

In short an E&P company will not sell the POPB at $94 due to most if not all the E&P companies having a PSA (Production Sharing Agreement) with land owners, JV, Investors etc. See attached example.

[optionsdude]

So why did applications for new wells drop so drastically after crude started to tip over? Companies like Chesapeake energy buy the land and drill on it as do others whose share prices have suffered. I also have shares in a oil and gas production trust, the less it receives per barrel the less the dividend is. The shares I own in this trust are free due to selling most of them for a very nice profit and re-investing those dividends for years. The trust also cuts back on exploration when the market price dips to a certain level, I can't remember what level that was last time it happened. Make no mistake the price will go back up once everything washes out. It could also be viewed as a method of economic stimulation. Get everyone back to work, give them cheap gas, get 'em a new house and then pull the rug out again. Either way I couldn't care less it creates fantastic opportunity

[Times Roman]

Prod Sharing Agreement.pdf

My frustration is growing because you guys are very misinformed about how all this works. Lets say the speculated price of oil in $94 a barrel. E&P companies will forecast a budget of the PPB being 35%-40% less due to fluctuations allowing them to continue production operations.

In short an E&P company will not sell the POPB at $94 due to most if not all the E&P companies having a PSA (Production Sharing Agreement) with land owners, JV, Investors etc. See attached example.

True, most of us are misinformed about most things. It's a complex world we live in.

But beyond the financial stake you have in the cost of gas and the impact that has on your wallet when you buy a tank of gas, why would this frustrate you more than anyone else?

Unless you think you have more at stake on the subject matter than most others?

[wmaousley]

So why did applications for new wells drop so drastically after crude started to tip over? Companies like Chesapeake energy buy the land and drill on it as do others whose share prices have suffered. I also have shares in a oil and gas production trust, the less it receives per barrel the less the dividend is. The shares I own in this trust are free due to selling most of them for a very nice profit and re-investing those dividends for years. The trust also cuts back on exploration when the market price dips to a certain level, I can't remember what level that was last time it happened. Make no mistake the price will go back up once everything washes out. It could also be viewed as a method of economic stimulation. Get everyone back to work, give them cheap gas, get 'em a new house and then pull the rug out again. Either way I couldn't care less it creates fantastic opportunity

The reason for the decline in new explorations is due to all the existing well production via multistage Fracking and completions. Fracking has saved billions in new explorations by allowing production companies to stimulate existing wells that have previously been thought to be depleted.

Chesapeake focuses on gas Exploration & production more so than oil. NGF15 prices have remained relatively stable through the decline in oil PB prices, dropping slightly more than a USD. Chesapeake is now focusing heavily on only production of existing wells they operate vs. exploring new reservoirs. You can get this information from the SEC. It has been part of their strategy since Q3 2013.

[wmaousley]

True, most of us are misinformed about most things. It's a complex world we live in.

But beyond the financial stake you have in the cost of gas and the impact that has on your wallet when you buy a tank of gas, why would this frustrate you more than anyone else?

Unless you think you have more at stake on the subject matter than most others?

For example, The current PPB of Brent Crude CBF15 is $65.53 PB. This is the oil price most if not all people focus on because its what the media wants you to see. CBF15 is not nor will it ever be used to refine pump gas. It is used in high end plastics and various other materials.

CLF15 (Conventional Crude) is priced at $62.69 PB. This is what needs to be watched. The price PB has no reflection on what refining to pump gas costs. No matter what, where or when raw Crude is refined, the costs will remain the same. $.50 per gallon is State and federal Tax.

Pump Gas Breakdown:


Taxes: 50 cents
Distribution and Marketing: 28 cents
Refining: 14 cents
Crude oil: 65 cents

The average gallon of fuel should only costs $1.57, but then we have to calculate the wholesaler markup, the station markup etc. Are you getting the idea now. Wholesaler markups are not governed or regulated by any legal authority, however Station Markups are regulated.

Production Company sells oil per barrel to a broker for $50 PB or a set percentage of the market value per barrel.
Broker sells the Oil per barrel to the refining company for $55-60 PB
Refinery sells refined pump gas/diesel to wholesalers for a pegged contractual rate
Wholesalers sell the fuel per liter, and not per gallon to the fuel station. ahhhhhh this is a moment to reflect on, but I wont now.

Do you see where the problem lies? Wholesalers/Distributers operate in a unregulated loophole. This is where corporate America sticks it to the consumer.

Now you may understand why most gas stations prices are the same vs. having more of a competitive environment.

Refining in Kuwait, Italy, China, USA etc all have the same cost impact. Why do I pay $.070 per gallon in Kuwait and you pay $2.50+ in the States? Its called regulation.

I don't have anything at stake. I just try to educate everyone I can on the issue.

BTW if anyone wants to question the integrity of my knowledge or where it comes from you can. However I have been in this business for a decade in the Middle East.

[Times Roman]

For example, The current PPB of Brent Crude CBF15 is $65.53 PB. This is the oil price most if not all people focus on because its what the media wants you to see. CBF15 is not nor will it ever be used to refine pump gas. It is used in high end plastics and various other materials.

CLF15 (Conventional Crude) is priced at $62.69 PB. This is what needs to be watched. The price PB has no reflection on what refining to pump gas costs. No matter what, where or when raw Crude is refined, the costs will remain the same. $.50 per gallon is State and federal Tax.

Pump Gas Breakdown:


Taxes: 50 cents
Distribution and Marketing: 28 cents
Refining: 14 cents
Crude oil: 65 cents

The average gallon of fuel should only costs $1.57, but then we have to calculate the wholesaler markup, the station markup etc. Are you getting the idea now. Wholesaler markups are not governed or regulated by any legal authority, however Station Markups are regulated.

Production Company sells oil per barrel to a broker for $50 PB or a set percentage of the market value per barrel.
Broker sells the Oil per barrel to the refining company for $55-60 PB
Refinery sells refined pump gas/diesel to wholesalers for a pegged contractual rate
Wholesalers sell the fuel per liter, and not per gallon to the fuel station. ahhhhhh this is a moment to reflect on, but I wont now.

Do you see where the problem lies? Wholesalers/Distributers operate in a unregulated loophole. This is where corporate America sticks it to the consumer.

Now you may understand why most gas stations prices are the same vs. having more of a competitive environment.

Refining in Kuwait, Italy, China, USA etc all have the same cost impact. Why do I pay $.070 per gallon in Kuwait and you pay $2.50+ in the States? Its called regulation.

I don't have anything at stake. I just try to educate everyone I can on the issue.

BTW if anyone wants to question the integrity of my knowledge or where it comes from you can. However I have been in this business for a decade in the Middle East.

ok. you seem to know a fair amount about this.

but you fail to mention that each state requires what is called boutique gas. this means that each state sets different emission requirements and different mix requirements.

you do know, that in California that 10% of what you pump in your tank is ethanol, don't you.
what is the cost per gallon of that?
your formula misses that ingredient entirely.

additionally, this "boutique" gas, most states, if not all, require a certain % of ethanol. plus a cocktail of other additives that make each state a unique blend.

next.

a single refinery may supply an entire state. do you not see the monopolistic problem with this. we have anti-trust laws, yet we allow monopolies with respect to refineries and state requirements.

the whole point of anti trust laws is to prevent monopolistic pricing, yet here we are.

additionally, most refineries are running pretty much, more or less, at full capacitiy. so what do you suppose happens when they have either scheduled or unscheduled maintenance? supply goes down and price goes up. other refineries may have the ability of stepping up in with these supply shortages, but will require set up time and lead time. in the mean time, huge spikes in the price of gas.

and this is what the refineries want. monopolistic powers and the ability to hugely fluctuate the price of gas on a whim. and do you think they plan scheduled maintenance when demand is at it's lowest? without knowing for a fact, I would say it would be anti profitable. we all know this is the trick the utilities were doing back in the Enron days. it got so bad the feds had to step in. but they haven't stepped in yet with the refineries, as the states are complicit too. I imagine huge contributions are provided to keep the industry as deregulated as possible. and so the politicians turn a blind eye.

the solution of course, is to federally regulate and to take much regulatory power away from the states. this in theory would create a situation where ALL gas is the same and if one refinery goes down, 99 others can step in so no supply shortages and no huge price spikes (I pulled the 99 number out my ass, so all you google ninjas can relax).

this is the part I feel you are misguided in when you state that the price of gas is 14 cents a gallon due to refining. I would actually laugh at that number, and first of all, ask where this number came from, and how vetted this number. it appears it might be an industry, instead of real number, provided by industry itself?

there are plenty of stations in my town, and the moment one drops gas 1 cent a gallon, the rest usually do too. no station is unrealistically gouging their prices, as many want a lower price to increase traffic in their little food store where they can make the real money.... $2 for a small bottle of water? 2 for a small fountain soda pop? they don't make their money on gas, it's on the stuff inside the convenience store.

so please double check your data

and still, why all the frustration over something like this?

....doesn't make any sense to me

[Times Roman]

and each state has a different tax per gallon that what you mention. California is higher than fifty cents a gallon

[wmaousley]

ok. you seem to know a fair amount about this.

but you fail to mention that each state requires what is called boutique gas. this means that each state sets different emission requirements and different mix requirements.

you do know, that in California that 10% of what you pump in your tank is ethanol, don't you.
what is the cost per gallon of that?
your formula misses that ingredient entirely.

additionally, this "boutique" gas, most states, if not all, require a certain % of ethanol. plus a cocktail of other additives that make each state a unique blend.

next.

a single refinery may supply an entire state. do you not see the monopolistic problem with this. we have anti-trust laws, yet we allow monopolies with respect to refineries and state requirements.

the whole point of anti trust laws is to prevent monopolistic pricing, yet here we are.

additionally, most refineries are running pretty much, more or less, at full capacitiy. so what do you suppose happens when they have either scheduled or unscheduled maintenance? supply goes down and price goes up. other refineries may have the ability of stepping up in with these supply shortages, but will require set up time and lead time. in the mean time, huge spikes in the price of gas.

and this is what the refineries want. monopolistic powers and the ability to hugely fluctuate the price of gas on a whim. and do you think they plan scheduled maintenance when demand is at it's lowest? without knowing for a fact, I would say it would be anti profitable. we all know this is the trick the utilities were doing back in the Enron days. it got so bad the feds had to step in. but they haven't stepped in yet with the refineries, as the states are complicit too. I imagine huge contributions are provided to keep the industry as deregulated as possible. and so the politicians turn a blind eye.

the solution of course, is to federally regulate and to take much regulatory power away from the states. this in theory would create a situation where ALL gas is the same and if one refinery goes down, 99 others can step in so no supply shortages and no huge price spikes (I pulled the 99 number out my ass, so all you google ninjas can relax).

this is the part I feel you are misguided in when you state that the price of gas is 14 cents a gallon due to refining. I would actually laugh at that number, and first of all, ask where this number came from, and how vetted this number. it appears it might be an industry, instead of real number, provided by industry itself?

there are plenty of stations in my town, and the moment one drops gas 1 cent a gallon, the rest usually do too. no station is unrealistically gouging their prices, as many want a lower price to increase traffic in their little food store where they can make the real money.... $2 for a small bottle of water? 2 for a small fountain soda pop? they don't make their money on gas, it's on the stuff inside the convenience store.

so please double check your data

and still, why all the frustration over something like this?

....doesn't make any sense to me

All of my numbers are examples not realities. This was just an example to show how the pump gas price is broken down.

My frustration is made very clear in the last post. Everyone complains when pump gas prices soar, and everyone wants to blame the market rate of raw crude PB. The real problem lies with regulation or the lack thereof and your average citizen has no idea why prices fluctuate.

United States Refineries From Wikipedia, sorry but I got lazy. As you will see there is no monopoly on refining, however there are only a few companies who wholesale/distribute pump gas/diesel in the states. This is where the problem lies.

Alabama[edit]
Atmore Refinery (Goodway Refining LLC), Atmore 4,100 bbl/d (650 m3/d)[22]
Saraland Refinery (Shell Chemical LP), Saraland 80,000 bbl/d (13,000 m3/d)[22]
Tuscaloosa Refinery (Hunt Refining Company), Tuscaloosa 72,000 bbl/d (11,400 m3/d)[23]

Alaska[edit]
Kenai Refinery (Tesoro), Kenai 68,000 bbl/d (10,800 m3/d)
North Pole Refinery (Petro Star), North Pole 19,700 bbl/d (3,130 m3/d)
North Pole Refinery (Flint Hills Resources LP), North Pole 127,459 bbl/d (20,264.4 m3/d)
Prudhoe Bay Refinery (BP Exploration Alaska Inc), Prudhoe Bay 6,935 bbl/d (1,102.6 m3/d)
Prudhoe Bay Refinery (ConocoPhillips Alaska Inc.), Prudhoe Bay 15,000 bbl/d (2,400 m3/d)
Valdez Refinery (Petro Star), Valdez 55,000 bbl/d (8,700 m3/d)

Arkansas[edit]
El Dorado Refinery (Lion Oil), El Dorado 83,000 bbl/d (13,200 m3/d)
Smackover Refinery (Martin Midstream Partners LP), Smackover 7,500 bbl/d (1,190 m3/d)

California[edit]
Bakersfield Refinery (Alon USA), Bakersfield, 66,000 bbl/d (10,500 m3/d) (Temporarily shut down)[24]
Bakersfield Refinery (Kern Oil & Refining Co), Bakersfield, 26,000 bbl/d (4,100 m3/d)
Bakersfield Refinery (San Joaquin Refining Co), Bakersfield,15,000 bbl/d (2,400 m3/d)
Benicia Refinery (Valero), Benicia, 132,000 bbl/d (21,000 m3/d)
Carson Refinery (Tesoro), Carson, 226,000 bbl/d (35,900 m3/d)
El Segundo Refinery (Chevron), El Segundo, 276,000 bbl/d (43,900 m3/d)
Golden Eagle Refinery (Tesoro), Martinez, 166,000 bbl/d (26,400 m3/d)
Los Angeles Refinery (Phillips 66), Wilmington, 139,000 bbl/d (22,100 m3/d)
Los Angeles Refinery (Tesoro), Wilmington, 103,800 bbl/d (16,500 m3/d)
Martinez Refinery (Royal Dutch Shell), Martinez,156,400 bbl/d (24,870 m3/d)
Paramount Refinery (Paramount Petroleum), Paramount, 54,000 bbl/d (8,600 m3/d) (Temporarily shut down)
Richmond Refinery (Chevron) (Chevron), Richmond, 245,271 bbl/d (38,995.0 m3/d)
San Francisco Refinery (Phillips 66) (Phillips 66), Rodeo, 120,200 bbl/d (19,110 m3/d)
Santa Maria Refinery (Greka Energy), Santa Maria, 9,500 bbl/d (1,510 m3/d)
South Gate Refinery (Lunday Thagard Co), South Gate, 8,500 bbl/d (1,350 m3/d)
Torrance Refinery (ExxonMobil), Torrance, 149,500 bbl/d (23,770 m3/d)
Wilmington Refinery (Valero), Wilmington, 78,000 bbl/d (12,400 m3/d)

Colorado[edit]
Commerce City Refinery (Suncor Energy (U.S.A.) Inc.), Commerce City, 98,000 bbl/d (15,600 m3/d)[25]

Delaware[edit]
Delaware City Refinery (PBF Energy), Delaware City 190,000 bbl/d (30,000 m3/d)[26] Nelson Complexity Index 11.3 [27]

Georgia[edit]
Savannah Refinery (NuStar Energy), Savannah (Asphalt Refinery) 28,000 bbl/d (4,500 m3/d)
Douglasville Refinery (Young Refining), Douglasville -- shutdown 07/04

Hawaii[edit]
Kapolei Refinery (Hawaii Pacific Energy, LLC a subsidiary of PAR Petroleum), Kapolei 94,000 bbl/d (14,900 m3/d) Nelson Complexity Index 5.7 [28]
Hawaii Refinery (Chevron), Kapolei 54,000 bbl/d (8,600 m3/d)

Illinois[edit]
Lemont Refinery (Citgo), Lemont 167,000 bbl/d (26,600 m3/d)
Joliet Refinery (ExxonMobil), Joliet 238,000 bbl/d (37,800 m3/d)
Robinson Refinery (Marathon Petroleum Company), Robinson 206,000 bbl/d (32,800 m3/d)
Wood River Refinery (Phillips 66/Cenovus Energy), Roxana 306,000 bbl/d (48,700 m3/d) Nelson Complexity Index 9.8

Indiana[edit]
Whiting Refinery (BP), Whiting 405,000 bbl/d (64,400 m3/d)
Mount Vernon Refinery (Countrymark Co-op), Mount Vernon 23,000 bbl/d (3,700 m3/d)

Kansas[edit]
Coffeyville Refinery (Coffeyville Resources Refining (CVR Energy)), Coffeyville 125,000 bbl/d (19,900 m3/d) Nelson Complexity Index 12.9[29]
El Dorado Refinery (HollyFrontier), El Dorado 135,000 bbl/d (21,500 m3/d) Nelson Complexity Index 11.8 [30]
McPherson Refinery (National Co-op Refinery Assoc.), McPherson 85,000 bbl/d (13,500 m3/d) (expanding to 100,000 bbl/d in early 2016)

Kentucky[edit]
Catlettsburg Refinery (Marathon Petroleum Company), Catlettsburg 240,000 bbl/d (38,000 m3/d)
Somerset Refinery, Continental Refining Somerset 5,500 bbl/d (870 m3/d)[31]

Louisiana[edit]
******** Refinery (Phillips 66), Belle Chasse 247,000 bbl/d (39,300 m3/d) Nelson Complexity Index 12.0
Baton Rouge Refinery (ExxonMobil), Baton Rouge 503,000 bbl/d (80,000 m3/d)
Chalmette Refinery (Chalmette Refining LLC, joint venture of ExxonMobil and PDVSA), Chalmette 193,000 bbl/d (30,700 m3/d)
Convent Refinery (Motiva Enterprises), Convent 255,000 bbl/d (40,500 m3/d)
Cotton Valley Refinery (Calumet Lubricants), Cotton Valley 13,000 bbl/d (2,100 m3/d)
Garyville Refinery (Marathon Petroleum Company), near Garyville 522,000 bbl/d (83,000 m3/d)
Krotz Springs Refinery (Alon USA), Krotz Springs 85,000 bbl/d (13,500 m3/d)
Lake Charles Refinery (Calcasieu Refining), Lake Charles 75,000 bbl/d (11,900 m3/d)
Lake Charles Refinery (Citgo), Lake Charles 427,800 bbl/d (68,010 m3/d)
Lake Charles Refinery (Phillips 66), Westlake 239,000 bbl/d (38,000 m3/d) Nelson Complexity Index 11.2[32]
Meraux Refinery (Valero), Meraux 125,000 bbl/d (19,900 m3/d)
Norco Refinery (Motiva Enterprises), Norco 242,000 bbl/d (38,500 m3/d)
Port Allen Refinery (Placid Refining), Port Allen 80,000 bbl/d (13,000 m3/d)
Princeton Refinery (Calumet Lubricants), Princeton 8,300 bbl/d (1,320 m3/d)
Shreveport Refinery (Calumet Lubricants), Shreveport 35,000 bbl/d (5,600 m3/d)
St. Charles Refinery (Valero), Norco 260,000 bbl/d (41,000 m3/d)

Michigan[edit]
Marathon Detroit Refinery (Marathon Petroleum Company), Detroit 120,000 bbl/d (19,000 m3/d)

Minnesota[edit]
Pine Bend Refinery (Flint Hills Resources), Rosemount 320,000 bbl/d (51,000 m3/d)
St. Paul Park Refinery (Northern Tier Energy), St. Paul Park 74,000 bbl/d (11,800 m3/d) Nelson Complexity Index 11.5[33]

Mississippi[edit]
Lumberton Refinery (Hunt Southland Refining), Lumberton 5,800 bbl/d (920 m3/d)
Pascagoula Refinery (Chevron), Pascagoula 370,000 bbl/d (59,000 m3/d)
Vicksburg Refinery (Ergon), Vicksburg 23,000 bbl/d (3,700 m3/d)
Rogerslacy Refinery (Hunt Southland Refining), Sandersville 11,000 bbl/d (1,700 m3/d)
Greenville Refinery, Scott Petroleum, Biodiesel Oil Refinery

Montana[edit]
Billings Refinery (Phillips 66), Billings 61,000 bbl/d (9,700 m3/d)
Billings Refinery (ExxonMobil), Billings 60,000 bbl/d (9,500 m3/d)
Calumet Montana Refining,[34] Great Falls 10,000 bbl/d (1,600 m3/d)
Laurel Refinery (Cenex), Laurel 55,000 bbl/d (8,700 m3/d)

Nevada[edit]
Eagle Springs Refinery (Foreland Refining), Currant 1,700 bbl/d (270 m3/d)

New Jersey[edit]
Bayway Refinery (Phillips 66), Linden 230,000 bbl/d (37,000 m3/d)
Eagle Point Refinery (Sunoco), Westville [35] 145,000 bbl/d (23,100 m3/d) Closed in 2010
Paulsboro Asphalt Refinery Paulsboro [36] 51,000 bbl/d (8,100 m3/d)
Paulsboro Refinery (PBF Energy Corporation), Paulsboro 180,000 bbl/d (29,000 m3/d) Nelson Complexity Index 13.2[27]
Perth Amboy Refinery (Chevron), Perth Amboy 80,000 bbl/d (13,000 m3/d)
Port Reading Refinery (Hess), Port Reading 70,000 bbl/d (11,000 m3/d) Closed in 2013 [37]

New Mexico[edit]
Navajo Refinery (HollyFrontier), Artesia 100,000 bbl/d (16,000 m3/d) Nelson Complexity Index 11.8[30]
Bloomfield Refinery (Western Refining), Bloomfield 16,800 bbl/d (2,670 m3/d)
Ciniza Refinery (Western Refining), Gallup 26,000 bbl/d (4,100 m3/d)

North Dakota[edit]
Mandan Refinery (Tesoro), Mandan 60,000 bbl/d (9,500 m3/d)
Dakota Prairie Refinery (MDU/Calumet), Dickinson, North Dakota 20,000 bbl/d (3,200 m3/d) (opening December 2014)

Ohio[edit]
Canton Refinery (Marathon Petroleum Company), Canton 80,000 bbl/d (13,000 m3/d)
Lima Refinery (Husky Energy), Lima 158,400 bbl/d (25,180 m3/d)
Toledo Refinery (BP/Husky Oil), Toledo 160,000 bbl/d (25,000 m3/d)
Toledo Refinery (PBF) PBF Energy[38] Toledo 170,000 bbl/d (27,000 m3/d) Nelson Complexity Index - 9.2 [27]

Oklahoma[edit]
Ardmore Refinery (Valero), Ardmore 74,700 bbl/d (11,880 m3/d)
Ponca City Refinery (Phillips 66), Ponca City 194,000 bbl/d (30,800 m3/d)
Tulsa Refinery East & West (HollyFrontier), Tulsa 125,000 bbl/d (19,900 m3/d) Nelson Complexity Index 14.0[39]
Wynnewood Refinery, (Wynnewood Refining (CVR Energy)) Wynnewood 70,000 bbl/d (11,000 m3/d) Nelson Complexity Index 9.3[29]
Ventura Refining and Transmission, (Ventura R. & T.) Rural SE of Thomas 14,000 bbl/d (2,200 m3/d)

Pennsylvania[edit]
Bradford Refinery (American Refining Group), Bradford 10,000 bbl/d (1,600 m3/d)
Marcus Hook Refinery (Sunoco), Marcus Hook idled 175,000 bbl/d (27,800 m3/d)[40]
Philadelphia Refinery (Philadelphia Energy Solutions), Philadelphia 335,000 bbl/d (53,300 m3/d) Nelson Complexity Index 9.3
Calumet Penreco Karns (Calumet Specialty), Karns City
Trainer Refinery (Delta Air Lines subsidiary, Monroe Energy), Trainer 185,000 bbl/d (29,400 m3/d)
Warren Refinery, United Refining Company, Warren 70,000 bbl/d (11,000 m3/d)
Wamsutta Oil Refinery (historical), McClintocksville

South Dakota[edit]
Hyperion Elk Point Refinery and IGCC powerplant (Hyperion Energy Center), Elk Point, South Dakota, 400,000 bbl/d (64,000 m3/d) (Construction estimated after August 2012)

Tennessee[edit]
Memphis Refinery (Valero), Memphis 180,000 bbl/d (29,000 m3/d)

Texas[edit]
Baytown Refinery (ExxonMobil), Baytown 560,640 bbl/d (89,135 m3/d)
Big Spring Refinery (Alon USA), Big Spring 61,000 bbl/d (9,700 m3/d)
Beaumont Refinery (ExxonMobil), Beaumont 348,500 bbl/d (55,410 m3/d)
Borger Refinery (Phillips 66/Cenovus 50/50 joint venture), Borger 146,000 bbl/d (23,200 m3/d) Nelson Complexity Index 12.3[32]
Corpus Christi Complex (Flint Hills Resources), Corpus Christi 288,000 bbl/d (45,800 m3/d)
Corpus Christi Refinery (Citgo), Corpus Christi 156,000 bbl/d (24,800 m3/d)
Corpus Christi West Refinery (Valero), Corpus Christi 142,000 bbl/d (22,600 m3/d)
Corpus Christi East Refinery (Valero), Corpus Christi 115,000 bbl/d (18,300 m3/d)
Deer Park Refinery (Shell Oil Company), Deer Park 333,700 bbl/d (53,050 m3/d)
Double Punch Refinery (Barton Refining), Austin 24 bbl/d (3.8 m3/d)
El Paso Refinery (Western Refining), El Paso 120,000 bbl/d (19,000 m3/d)
Galveston Bay Refinery (Marathon Petroleum Company), Texas City 451,000 bbl/d (71,700 m3/d)
Houston Refinery (Lyondell), Houston 270,200 bbl/d (42,960 m3/d)
Houston Refinery (Valero), Houston 83,000 bbl/d (13,200 m3/d)
Independent Refinery (Stratnor), Houston 100,000 bbl/d (16,000 m3/d)
McKee Refinery (Valero), Sunray 158,300 bbl/d (25,170 m3/d)
Nixon Refinery (Blue Dolphin) Nixon, Texas 15,000 bbl/d (2,400 m3/d)
Pasadena Refinery (Petrobras), Pasadena 100,000 bbl/d (16,000 m3/d)
Port Arthur Refinery (Total), Port Arthur 174,000 bbl/d (27,700 m3/d)
Port Arthur Refinery (Motiva Enterprises), Port Arthur 600,000 bbl/d (95,000 m3/d)
Port Arthur Refinery (Valero), Port Arthur 325,000 bbl/d (51,700 m3/d)
Penreco (Calumet Penreco LLC), Houston
San Antonio Refinery (NuStar Energy), San Antonio 10,300 bbl/d (1,640 m3/d)
South Hampton Refinery Arabian American Development, Silsbee, Texas 6,000 bbl/d (950 m3/d)
Sweeny Refinery (Phillips 66), Sweeny 247,000 bbl/d (39,300 m3/d) Nelson Complexity Index 13.2[32]
Texas City Refinery (Marathon Petroleum Company), Texas City 84,000 bbl/d (13,400 m3/d)
Texas City Refinery (Valero), Texas City 210,000 bbl/d (33,000 m3/d)
Three Rivers Refinery (Valero), Three Rivers 90,000 bbl/d (14,000 m3/d)
Tyler Refinery (Delek Refining Ltd.), Tyler 62,000 bbl/d (9,900 m3/d)

Utah[edit]
North Salt Lake Refinery (Big West Oil), North Salt Lake 35,000 bbl/d (5,600 m3/d)
Salt Lake City Refinery (Chevron), Salt Lake City 45,000 bbl/d (7,200 m3/d)
Salt Lake City Refinery (Tesoro), Salt Lake City 58,000 bbl/d (9,200 m3/d)
[[Woods Cross Refinery (HollyFrontier)|Woods Cross Refinery]] (HollyFrontier Corp Corporation), Woods Cross 31,000 bbl/d (4,900 m3/d) Nelson Complexity Index 12.5[30]
Woods Cross Refinery (Silver Eagle Refining), Woods Cross 10,200 bbl/d (1,620 m3/d)

Virginia[edit]
Yorktown Refinery (Plains Pipeline), Yorktown 58,600 bbl/d (9,320 m3/d) shutdown Sept 2010

Washington[edit]
Tesoro Anacortes Refinery (Tesoro), Anacortes 108,000 bbl/d (17,200 m3/d)
Shell Anacortes Refinery (Shell Oil Company), Anacortes 145,000 bbl/d (23,100 m3/d)
Cherry Point Refinery (BP), Blaine 225,000 bbl/d (35,800 m3/d)
ConocoPhillips Ferndale Refinery (Phillips 66), Ferndale 105,000 bbl/d (16,700 m3/d)
Tacoma Refinery (U.S. Oil and Refining), Tacoma 35,000 bbl/d (5,600 m3/d)
Imperium Grays Harbor (Imperium Renewables), Hoquiam 65 bbl/d (10.3 m3/d)

West Virginia[edit]
Newell Refinery (Ergon), Newell 19,400 bbl/d (3,080 m3/d)

Wisconsin[edit]
Superior Refinery (Calumet Specialty Products LLC), Superior 33,000 bbl/d (5,200 m3/d)

Wyoming[edit]
Cheyenne Refinery (HollyFrontier), Cheyenne 52,000 bbl/d (8,300 m3/d) Nelson Complexity Index 8.9 [30]
Evanston Refinery (Silver Eagle Refining), Evanston 3,000 bbl/d (480 m3/d)
Evansville Refinery (Little America Refining), Evansville 24,500 bbl/d (3,900 m3/d)
Newcastle Refinery (Black Elk Refining, LLC), Newcastle 12,500 bbl/d (1,990 m3/d)
Sinclair Refinery (Sinclair Oil), Sinclair 80,000 bbl/d (13,000 m3/d)

US Virgin Islands
St Croix Refinery (HOVENSA) 494,000 bbl/d (78,500 m3/d) shutdown in Apr 2012

You are right each state imposes their own fuel tax which is known. SO no I don't need to check any of my numbers or any of my data. I am clearly educated on the matter or I wouldn't be working for one of the worlds largest oil corporations.

IS IT CLEAR?

[Times Roman]

is it clear?

is what clear?

damn dude. if you are too lazy to read what you cut and paste, why would you expect me to be less lazy than you and actually read all that?

never did go to the Evelyn Wood speed reading course, and that would take significant effort to read all that.

tell you what. you go ahead and read all that crap, render it down, summarize it, put your findings and conclusions in the pane below mine, and then ask me

"is it clear" again.

[Times Roman]

and until then...

$2.67/gallon yesterday

[Hazard]

$2.41/gal here :-)

[jimmyinkedup]

$2.41/gal here :-)

Damn and you dont even have to pump it. Sheesh...

[Hazard]

Damn and you dont even have to pump it. Sheesh...

Lmao! I sit in the car with the heat on until my debit card is returned to me :-)

[Times Roman]

Lmao! I sit in the car with the heat on until my debit card is returned to me :-)

wouldn't want you to get tendonitis by having to repeatedly lift the lever on the gas pump and hold the trigger down while pumping...?

[wmaousley]

is it clear?

is what clear?

damn dude. if you are too lazy to read what you cut and paste, why would you expect me to be less lazy than you and actually read all that?

never did go to the Evelyn Wood speed reading course, and that would take significant effort to read all that.

tell you what. you go ahead and read all that crap, render it down, summarize it, put your findings and conclusions in the pane below mine, and then ask me

"is it clear" again.

In summary your statement about refining companies being a monopoly is false, hence the reason to post every refinery in the states along with the name of the owners to prove otherwise. I don't copy and paste my writings my dear friend. I only copy & pasted the damn refinery list.


If you still do not see where my frustration lies about the average persons knowledge on why fuel prices remain high then I don't know what to tell you. Its crystal clear.......

Non-comprehension of clear information also frustrates me because I have to repeat myself. I only thought TCN's required that level of attention. Guess I was wrong.

[clarky.]

£1.19 a litre here the now. So £5.35 gallon.

[Hazard]

$2.39 today at a station on my way to the gym..... What annoys me most is that I even have to roll my window down to hand the gas attendant my money. It lets the cold air in.....

:-)

[jimmyinkedup]

$2.39 today at a station on my way to the gym..... What annoys me most is that I even have to roll my window down to hand the gas attendant my money. It lets the cold air in.....

:-)

Thats just wrong..it really is....

[Hazard]

Thats just wrong..it really is....

I just thank god I have power windows and not the hand crank..... Lmfao

[Times Roman]

In summary your statement about refining companies being a monopoly is false, hence the reason to post every refinery in the states along with the name of the owners to prove otherwise. I don't copy and paste my writings my dear friend. I only copy & pasted the damn refinery list.


If you still do not see where my frustration lies about the average persons knowledge on why fuel prices remain high then I don't know what to tell you. Its crystal clear.......

Non-comprehension of clear information also frustrates me because I have to repeat myself. I only thought TCN's required that level of attention. Guess I was wrong.

you dont' see it?

there are states with single refineries, and these refineries supply the entire state if my theory is right. each state sets it's own requirements, and therefore, that single refinery, south Dakota, or Tennessee, for example, is a monopoly for that state.

what happens when that single refinery goes down? what happens to the price of gas?

....and i'll let the TCN comment slide, since you seem to be in an especially nasty mood.

[Times Roman]

In summary your statement about refining companies being a monopoly is false, hence the reason to post every refinery in the states along with the name of the owners to prove otherwise. I don't copy and paste my writings my dear friend. I only copy & pasted the damn refinery list.


If you still do not see where my frustration lies about the average persons knowledge on why fuel prices remain high then I don't know what to tell you. Its crystal clear.......

Non-comprehension of clear information also frustrates me because I have to repeat myself. I only thought TCN's required that level of attention. Guess I was wrong.

trying to take the high road here mate, and not get sucked into what ever tension you seem to find yourself, and just lay out the facts.

State Motor Fuels Specifications

follow the link and at the bottom of the page, you will see this



it is a drop down box. you will be able to pull up any state in the nation and see very specific regulatory guidelines motor fuel sold in that state must adhere to.

because so many different requirements all through this land, we find ourselves with these refineries that have regional monopolies with monopolistic powers to more or less control price. Some states, like previously pointed out by you and mentioned by me, such as S Dakota and Tennessee, are supplied by a single refinery.

My point, is that to reduce the overall price of gas, if we had uniform national standards, regional monopolies would "go away" and we would have a more perfect market driven supply system with competitive prices.

[clarky.]

Thats just wrong..it really is....

It really is jimmy lol

I just thank god I have power windows and not the hand crank..... Lmfao

$2.39 today at a station on my way to the gym..... What annoys me most is that I even have to roll my window down to hand the gas attendant my money. It lets the cold air in.....

:-)

LMAO Haz.

[hawk14dl]

1.94 is the cheapest here.

I actually got my diesel for 3.04. Filled up from E for under $100. I was excited

[Times Roman]

I'm now wondering how low it will go?

any predictions?

[hawk14dl]

I'd bet the cheapest in the country might hit 1.75. but it will go back up before summer

[powerliftmike]

I think over the next month light sweet crude will trade to $52/bbl. Since gasoline is highly correlated to this and the crack spread is narrowing you will see sub $2 w/tax for sure. Tax varies but is something around 30 cents/gal (we never see this b/c added in already)