alan
Member
Flyboy wrote:
By the way, they'll not be keeping a lot of that money. Turns out that building or rebuilding refineries is expensive. Guess where those "windfall profits" are going to go.
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Flyboy, would you please tell me when the last new refinery project was done in the U.S. I'm retired these days, but I spent a lot of years working in design engineering and construction, mostly in chemical process and petro-chemical plant design and construction, which included OIL REFINERY PROJECTS.
In the early 90's, while on an assignment at Badger in Cambridge, Mass., I worked on a REFINERY REVAMP for Koch Refining. It was a fairly extensive project, but it was an ADD-ON. There was another Koch project in the house, it was located at Corpus Christy. It was also a REVAMP.
In 1998, I was in the New O'leans area, at the Trans American refinery, right across a narrow road from Shell Norco. The project was a fairly extensive one, but it was NOT a new refinery, rather it was repair-revamp work. Over the years, I hit a few refinery projects, almost all of them being revamps of one kind or another. The last GRASS ROOTS refinery project I worked on was in the early 1950's, while employed at Lummus Co., in N.Y.C. The project was located at Mandan, North Dakota. Cannot off-hand recall who the client was, though Standard Oil tends to ring a bell.
Do you want to detail the "new" refineries you mentioned?
As for other aspects, assuming that the daily stock market reports heard diring the course of news broadcasts, oil companies appear to have been booking RECORD PROFITS. As for oil companies combining woith each other, R.H. Lee offered some interesting comment on that score, and re that, when A buys B, it often turns out that B's refinery or refineries get shut down, a situation that could contribute to the shortage of refinery capacity recently mentioned in news stories.
By the way, they'll not be keeping a lot of that money. Turns out that building or rebuilding refineries is expensive. Guess where those "windfall profits" are going to go.
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Flyboy, would you please tell me when the last new refinery project was done in the U.S. I'm retired these days, but I spent a lot of years working in design engineering and construction, mostly in chemical process and petro-chemical plant design and construction, which included OIL REFINERY PROJECTS.
In the early 90's, while on an assignment at Badger in Cambridge, Mass., I worked on a REFINERY REVAMP for Koch Refining. It was a fairly extensive project, but it was an ADD-ON. There was another Koch project in the house, it was located at Corpus Christy. It was also a REVAMP.
In 1998, I was in the New O'leans area, at the Trans American refinery, right across a narrow road from Shell Norco. The project was a fairly extensive one, but it was NOT a new refinery, rather it was repair-revamp work. Over the years, I hit a few refinery projects, almost all of them being revamps of one kind or another. The last GRASS ROOTS refinery project I worked on was in the early 1950's, while employed at Lummus Co., in N.Y.C. The project was located at Mandan, North Dakota. Cannot off-hand recall who the client was, though Standard Oil tends to ring a bell.
Do you want to detail the "new" refineries you mentioned?
As for other aspects, assuming that the daily stock market reports heard diring the course of news broadcasts, oil companies appear to have been booking RECORD PROFITS. As for oil companies combining woith each other, R.H. Lee offered some interesting comment on that score, and re that, when A buys B, it often turns out that B's refinery or refineries get shut down, a situation that could contribute to the shortage of refinery capacity recently mentioned in news stories.
Becaue that's what she always says. 
How do you get that from what I just wrote?