Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Road Walker who wrote (252213)	9/21/2005 2:15:20 PM
From: tejek	Respond to of 1571001

re: I guess I better fill up. This could shut down a lot of refinery capacity. If they are closing the refineries, then everyone in the west should fill up. I found out (to my surprise) that the Louisiana refineries supplied most of the east coast and all the way to Chicago. I would be very surprised if the Texas refineries didn't supply California. I guess its not very common knowledge but Southern and Central CA have a lot of oil wells. Granted most of the wells are experiencing declining production but they are still pretty active. I believe all of the oil needed in the West comes from CA refineries: "California's vast reserves of crude oil are important to the oil industry. Fifteen percent of US oil production takes place on California land or in water off its shores, making California the third largest oil producer of any state in the country". 66.102.7.104 I believe the rest of the oil that's refined in CA comes from Alaska and other nations on the Pacific Rim. Of course the problem with CA and Alaska oil is that most of its sour, not sweet. Having said all that, gas prices aren't any cheaper out here than where you're at......the shortage is felt nationwide, not just in LA or FLA. So far I have managed not to pay three bucks yet......the worst was $2.99......but I don't know for how long I will be this lucky. Of course, driving in the West really slows down in the winter months. ted