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 : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: KLP who wrote (177759)	8/30/2006 4:03:08 PM
From: Snowshoe	Read Replies (1) \| Respond to of 793882

>>Interesting that Barnett doesn't tell WHY this is: America refuses to drill or build any new refineries<< The biggest problem with building a new refinery is getting a source of oil. That Arizona bunch that wanted to build a new refinery for Mexican oil recently had a rendevouz with reality... Mexico is running out of oil! Now they say they're going to get Canadian oil. Seems to me they could just wait a few more years until Mexican production falls off a cliff, then use the resulting idle refineries for the Canadian oil, instead of building a new one. We'll see... Arizona refinery set back - oil deal missing Mexican company won't commit to supplying oil for planned site Ken Alltucker The Arizona Republic Apr. 19, 2006 12:00 AM Mexico's government-run oil company told an Arizona group that it will not commit crude-oil supplies to the local company's planned 150,000-barrel-a-day refinery east of Yuma. Without a source of oil, Arizona Clean Fuels Yuma won't be able to raise money to build the $2.5 billion refinery. More: azcentral.com Refinery plan back on track Yuma Sun BY MARK RANDALL, SUN STAFF WRITER May 31, 2006 Plans for a proposed $2 billion oil refinery in Yuma County are back on track following an announcement Tuesday by state environmental regulators that they are renewing a key air quality permit. ADEQ issued a draft renewal of the air quality permit for the Arizona Clean Fuels refinery near Tacna, giving the company another 18 months to start construction on the facility. The original permit required ACF to begin construction within 18 months but the project stalled recently after ACF was unable to secure title to the land and the necessary financing to begin construction. More: arizonacleanfuels.com