GasBuddy Blog

GasBuddy News Article

votes

More refineries could close in years ahead

GasBuddy Blog -- Motorists beware- more refineries may close in the years ahead, thanks to former President Bush signing requirements of rising use of ethanol and other biofuels each year, essentially guaranteeing farmers higher prices for their corn as more ethanol is required each year.

The issue here is essentially the government picking winners and losers- oil based refineries will lose while biofuels facilities will win- because of prior law requiring an increasing amount of ethanol use every year, which will result in a drop in demand for gasoline as its becomes replaced with EPA-approved E15.

Motorists should be prepared for higher gas prices and even more volatility in the price of gasoline as capacity of gasoline production drops...

Read the Full Article

Submitted Apr 27, 2012 By: PD

Back To News

Category: GasBuddy Official Blog > Topics	Add to favorite topics Post New Topic

Author	Topic: More refineries could close in years ahead	Post a Reply Back to Topics

REPLIES (newest first)Ignore Short Messages

First Prev

Last

mediccoy Champion Author North Carolina Posts:11,890 Points:2,308,080 Joined:May 2006	Message Posted: Apr 30, 2012 7:49:21 AM Ignore mediccoy Report Abuse News article's must be on autopilot, many repeats.
jalan25 Champion Author Indianapolis Posts:2,325 Points:567,170 Joined:Sep 2011	Message Posted: Apr 30, 2012 7:49:19 AM Ignore jalan25 Report Abuse Old news
ExplodingGlass Champion Author Maine Posts:1,350 Points:765,445 Joined:Oct 2008	Message Posted: Apr 30, 2012 7:49:01 AM Ignore ExplodingGlass Report Abuse ok, so less gasoline refineries and more ethanol refineries?
rhail2 Champion Author Kentucky Posts:1,452 Points:287,485 Joined:Apr 2011	Message Posted: Apr 30, 2012 7:47:57 AM Ignore rhail2 Report Abuse ok
manbig13 Champion Author Cleveland Posts:1,431 Points:556,725 Joined:May 2011	Message Posted: Apr 30, 2012 7:47:04 AM Ignore manbig13 Report Abuse yeah
us30ride Champion Author Fort Wayne Posts:3,310 Points:708,635 Joined:Apr 2011	Message Posted: Apr 30, 2012 7:46:06 AM Ignore us30ride Report Abuse Nationalize them!
memo81 Champion Author St. Louis Posts:2,333 Points:441,575 Joined:Feb 2012	Message Posted: Apr 30, 2012 7:45:47 AM Ignore memo81 Report Abuse ok
Wizrd03 Champion Author Illinois Posts:8,132 Points:1,628,335 Joined:Oct 2008	Message Posted: Apr 30, 2012 7:45:24 AM Ignore Wizrd03 Report Abuse 3 days in a row now for this article - nothing going on with gas prices???
chvytruk All-Star Author Kentucky Posts:770 Points:377,515 Joined:Sep 2006	Message Posted: Apr 30, 2012 7:44:36 AM Ignore chvytruk Report Abuse Doing away with idiotic EPA regs and ethanol altogether could be done by the Kenyan......................IF (BIG FREAKING "IF") he wanted to.
ByGuy Champion Author Dallas Posts:7,828 Points:1,704,265 Joined:Nov 2005	Message Posted: Apr 30, 2012 7:44:23 AM Ignore ByGuy Report Abuse Time to replace this story.
Chazzy12 Champion Author Massachusetts Posts:2,711 Points:711,710 Joined:Dec 2008	Message Posted: Apr 30, 2012 7:43:06 AM Ignore Chazzy12 Report Abuse This guarentees higher prices for everyone. The beat goes on.
spiderjay Champion Author Little Rock Posts:4,773 Points:1,282,235 Joined:Oct 2005	Message Posted: Apr 30, 2012 7:42:45 AM Ignore spiderjay Report Abuse this has been here awhile
hailsupersport Champion Author Cincinnati Posts:1,230 Points:231,060 Joined:Dec 2011	Message Posted: Apr 30, 2012 7:42:36 AM Ignore hailsupersport Report Abuse ok
foggiest1 Champion Author Wilmington Posts:8,405 Points:1,678,360 Joined:Sep 2005	Message Posted: Apr 30, 2012 7:42:19 AM Ignore foggiest1 Report Abuse ok
mk9999 Champion Author Rochester Posts:7,895 Points:1,669,845 Joined:Aug 2008	Message Posted: Apr 30, 2012 7:42:18 AM Ignore mk9999 Report Abuse Excuses for higher prices.
shores4now Champion Author Kentucky Posts:2,386 Points:519,800 Joined:Jul 2009	Message Posted: Apr 30, 2012 7:42:09 AM Ignore shores4now Report Abuse old
30mpg80 Champion Author Lexington Posts:9,993 Points:1,484,930 Joined:Nov 2008	Message Posted: Apr 30, 2012 7:41:43 AM Ignore 30mpg80 Report Abuse From April 27, we could have another news article here instead of a three-day-old blog! How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long? How long?
RamboOn66 Champion Author Tampa Posts:5,291 Points:1,880,805 Joined:Jan 2006	Message Posted: Apr 30, 2012 7:41:37 AM Ignore RamboOn66 Report Abuse More bad news for us.
RobertSpratt Champion Author Virginia Beach Posts:4,815 Points:1,042,515 Joined:Jul 2007	Message Posted: Apr 30, 2012 7:41:24 AM Ignore RobertSpratt Report Abuse This is exactly what Osama Obama wants to happen. If you think E10 makes gums up your fuel system and makes your vehicles run bad now wait until you use E15.
mreiff Champion Author Louisville Posts:5,330 Points:1,299,690 Joined:May 2009	Message Posted: Apr 30, 2012 7:40:55 AM Ignore mreiff Report Abuse Nothing new here.
LoneGuy Champion Author Lansing Posts:8,460 Points:2,313,995 Joined:Aug 2005	Message Posted: Apr 30, 2012 7:40:22 AM Ignore LoneGuy Report Abuse So will wind and solar replace oil and gas energy? Many years before that happens.
QueenMother Champion Author New Hampshire Posts:7,373 Points:2,139,435 Joined:May 2006	Message Posted: Apr 30, 2012 7:39:56 AM Ignore QueenMother Report Abuse Third time around for this article.
darraghON Sophomore Author Ontario Posts:173 Points:240,785 Joined:Sep 2011	Message Posted: Apr 30, 2012 7:39:00 AM Ignore darraghON Report Abuse demand is rising, yet we are closing, puts prices up, guess who wins and looses!!!! and when we open up again, prices will go up to pay for it!!!!!
exd121 Champion Author Ottawa Posts:1,811 Points:463,425 Joined:Sep 2010	Message Posted: Apr 30, 2012 7:38:25 AM Ignore exd121 Report Abuse Again proper timing for better greed and speculation
no8c Champion Author Ohio Posts:2,789 Points:701,075 Joined:Jul 2008	Message Posted: Apr 30, 2012 7:38:00 AM Ignore no8c Report Abuse Thanks for posting this article!
rockymountman Champion Author Roanoke Posts:1,949 Points:399,610 Joined:Jul 2011	Message Posted: Apr 30, 2012 7:37:17 AM Ignore rockymountman Report Abuse lack of refineries will becaome a major problem in the near future.
maryph1958 Champion Author Cincinnati Posts:1,420 Points:283,095 Joined:Sep 2011	Message Posted: Apr 30, 2012 7:37:14 AM Ignore maryph1958 Report Abuse ok
malfrog1 Champion Author South Bend Posts:2,181 Points:545,985 Joined:Feb 2011	Message Posted: Apr 30, 2012 7:37:03 AM Ignore malfrog1 Report Abuse Still must be news.
jkpsr Champion Author New Jersey Posts:4,069 Points:1,099,105 Joined:Jun 2005	Message Posted: Apr 30, 2012 7:36:25 AM Ignore jkpsr Report Abuse We should get ethanol out of our gasoline!
gilfarm Champion Author Alabama Posts:6,776 Points:1,944,840 Joined:Sep 2005	Message Posted: Apr 30, 2012 7:36:21 AM Ignore gilfarm Report Abuse Old News!!
albert2008 Champion Author Winnipeg Posts:7,332 Points:1,477,010 Joined:Sep 2008	Message Posted: Apr 30, 2012 7:36:20 AM Ignore albert2008 Report Abuse not nice
ratboy1968 Champion Author Montreal Posts:2,602 Points:545,350 Joined:Oct 2011	Message Posted: Apr 30, 2012 7:36:18 AM Ignore ratboy1968 Report Abuse anything to justify higher pump prices
Bleeder Champion Author Virginia Posts:8,038 Points:1,697,375 Joined:Jan 2008	Message Posted: Apr 30, 2012 7:35:32 AM Ignore Bleeder Report Abuse Just another "scare tactic?" Maybe, maybe not. Time will tell.
fltdoc Champion Author Oklahoma Posts:8,857 Points:1,551,720 Joined:Oct 2008	Message Posted: Apr 30, 2012 7:34:45 AM Ignore fltdoc Report Abuse Bad policies. Bush made a mistake, but I still believe that every decision he made, he thought it was in the best interest of the country. I can't say the same for Obama, except the mistake part. And America made one big OBAMA. (One Big Ass Mistake America!).
Tsalagiman Sophomore Author Atlanta Posts:123 Points:143,060 Joined:May 2009	Message Posted: Apr 30, 2012 7:34:11 AM Ignore Tsalagiman Report Abuse We tried this same thing in the '70's except then it was called Gasohol. It has driven many grocery prices up and it will also eventually cause damage to the engines of vehicles not designed to use it. Engine damage effects are being experienced in lawn care equipment now. Those in the lawncare and landscaping business are having to replace things such as blowers more frequently now. This didn't work in the '70's, and it won't work now.
Old Timer Champion Author Akron Posts:3,722 Points:1,259,015 Joined:Sep 2003	Message Posted: Apr 30, 2012 7:32:58 AM Ignore Old Timer Report Abuse Another old posting
cash70 All-Star Author Madison Posts:681 Points:758,725 Joined:Jul 2008	Message Posted: Apr 30, 2012 7:32:56 AM Ignore cash70 Report Abuse Ok.
eswi Champion Author Madison Posts:2,530 Points:680,455 Joined:Mar 2009	Message Posted: Apr 30, 2012 7:31:39 AM Ignore eswi Report Abuse OK
1mrtym Veteran Author Houston Posts:457 Points:92,475 Joined:Mar 2012	Message Posted: Apr 30, 2012 7:30:20 AM Ignore 1mrtym Report Abuse ok
scu227 Champion Author New Haven Posts:4,130 Points:767,880 Joined:Feb 2011	Message Posted: Apr 30, 2012 7:30:18 AM Ignore scu227 Report Abuse With demand decreasing less refinerie will be needed.
otherdave Champion Author Indiana Posts:3,373 Points:1,265,160 Joined:Oct 2008	Message Posted: Apr 30, 2012 7:30:02 AM Ignore otherdave Report Abuse Been around since Friday. THE STORY THAT WOULD NOT DIE!!!!!!!!!!!
WestMichigan Champion Author Grand Rapids Posts:2,463 Points:551,940 Joined:Mar 2011	Message Posted: Apr 30, 2012 7:30:01 AM Ignore WestMichigan Report Abuse Soon we will export all of our oil somewhere else so we can bring it back as something different (e.g. unleaded)
twinfanMN Champion Author Minnesota Posts:1,616 Points:453,215 Joined:Jun 2011	Message Posted: Apr 30, 2012 7:29:54 AM Ignore twinfanMN Report Abuse we need more refineries not less
Legend1500 All-Star Author Midland Odessa Posts:964 Points:566,775 Joined:Jun 2011	Message Posted: Apr 30, 2012 7:29:32 AM Ignore Legend1500 Report Abuse K
lkozark Champion Author Missouri Posts:5,115 Points:1,362,610 Joined:Jul 2007	Message Posted: Apr 30, 2012 7:29:27 AM Ignore lkozark Report Abuse More likely closures by Pig-Oil to create false shortages to justify gouging the consumer.
Jebeahm Champion Author Maryland Posts:1,235 Points:454,965 Joined:Mar 2011	Message Posted: Apr 30, 2012 7:28:43 AM Ignore Jebeahm Report Abuse Not new
reff5577 All-Star Author Illinois Posts:806 Points:1,032,640 Joined:May 2007	Message Posted: Apr 30, 2012 7:26:43 AM Ignore reff5577 Report Abuse YEP SAME B.S. DIFFERENT DAY!!!!
drawee Champion Author Texas Posts:2,285 Points:444,060 Joined:Feb 2012	Message Posted: Apr 30, 2012 7:26:35 AM Ignore drawee Report Abuse OLD NEWS!!!!
Arcenannie Sophomore Author Des Moines Posts:126 Points:500,050 Joined:May 2011	Message Posted: Apr 30, 2012 7:26:10 AM Ignore Arcenannie Report Abuse Slow weekend for news I take it.
cheap59 Champion Author Michigan Posts:4,240 Points:959,270 Joined:May 2010	Message Posted: Apr 30, 2012 7:26:02 AM Ignore cheap59 Report Abuse Old news!!!
bruceha2000 Champion Author Vermont Posts:2,855 Points:1,282,225 Joined:Sep 2005	Message Posted: Apr 30, 2012 7:25:34 AM Ignore bruceha2000 Report Abuse Days old. Where are the NEW topics?