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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (225609)	3/21/2005 10:33:22 PM
From: steve harris	Read Replies (2) \| Respond to of 1573099

I believe we don't need 20 different blends of unleaded... 48? saudiembassy.net It is also difficult to sell gasoline into the U.S. market because the U.S. has something like four dozen different formulas, mixtures or blends for gasoline, and it confuses the seller.

To: TimF who wrote (225609)	3/21/2005 11:07:35 PM
From: combjelly	Read Replies (1) \| Respond to of 1573099

"Even if the costs are 20% lower the price is what the market will accept not what production costs. " But then if it isn't going to have much of an impact on our prices at the pump, how is this different than what I have been saying all along? I think you are wrong in your assessment because I've watched this scenario more than once. Saudi Arabia has been wanting to refine for a long time. And they do export some refined gasoline to the US. Every few years, one of the majors decides to take SA up on their always available offer and starts planning a gasoline terminal. They get to the point to where they start angling for tax breaks. Then the real fun starts. It is desirable to site where existing infrastructure is. But gasoline terminals are big, think square miles for the storage tanks and everything. The bringing new jobs to the area argument always gets shot down quick, the most people I have heard of that one would employ is about a dozen. And then the local refineries kick in, that is where the discussions about national security and all come in, it is one of their common arguments. Gasoline refining is a commodity business, they get pennies a gallon at high volume wholesale, if that much. That is why refineries are so big, don't think city blocks, think square miles. They have a huge volume, and anything that threatens even a single penny is enough to get them rolling out the big guns. With what you are talking about, the stakes are even higher. For what you are theorizing, they would have to roll over and play dead. Who knows? They might...