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To: Les H who wrote (19869)	9/20/2000 11:25:19 AM
From: chic_hearne	Read Replies (3) \| Respond to of 436258

Re: Aren't they also diverting more than the usual share of the crude oil to be refined for gasoline in order to keep the voters here flacid? Les, I could give a rats ass about all these soccor moms that are paying $2 a gallon rolling around in their SUV's getting 12 miles a gallon. Gas should be priced by how many miles to the gallon your auto gets. You want to buy an SUV, $5 a gallon. Buy a car that gets 50 miles a gallon, $1 a gallon. That would straighten out the problem real fast. There's just nothing stopping these people buying SUV's. They all have money and most aren't affected by gas being at $1 or $2, they just screw things up for everyone else by putting so much demand on the finite supply.

To: Les H who wrote (19869)	9/20/2000 11:46:31 AM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 436258

Les, i don't think the gasoline supplies are being boosted at the expense of heating oil. Normally this time of year, refineries convert to more heating oil production in order to build inventories for the winter. However, refineries also normally do maintainence this time of year, since it's the lowest demand point overall for their products. What we're seeing now is that even with refineries running full out, they are NOT able to build inventories. Its an infrastructure problem, oil companies have been loathe to invest in refineries over the last several years due to onerous EPA regs, low prices for their products and the "NIMBY" attitude of state and local governments. I doubt that refiners are very interested in keeping the current administration in office, therefore I don't think they're delaying their conversion (to heating oil)for the sake of algore. One point to remember is even if we had millions of more barrels of crude arriving every day, we'd have no way to refine it into usable products (gasoline, heating oil and diesel). Therefore OPEC is not to blame if we go headlong into a recession because of lack of crude. Bubba needs a new sign on his desk: IT'S THE INFRASTRUCTURE, STUPID!!!<ng>