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To: John Carragher who wrote (250316)5/17/2008 3:01:56 AM
From: goldworldnet  Respond to of 793750
 
I like to consider myself a Jack of everything and a master of nothing, but that's not entirely true. I have an interest in everything and I'm a master of none of it.

You appended your post to me for my personal edification and you did it in such a gracious manner I would like to share it with others.

there are many speciality refineries.. like penn oil , you see their products in engine oils etc.

another example i worked in e.prov r.i. light products delivery terminal, huge storage facility , tanker receipts and we shipped out via pipe line to worcester ma and springfield ma. and hartford ct. in the old days. also worcester closed now. i delivered via truck everything south of boston, west to the other side of worcester ma. all r.i. and ct to groton ct. our loading rack for trucks was centered in the e.prov r.i. however the refinery was an ASPHALT refinery, operated mostly in warmer weather as those asphalt tanks are not heated. they load them hot. and quickly deliver to construction sites. so you have a number of small plants that store and heat asphalt but do not mfg.. such as locations in albany n.y. portland, me. which i closed both of them while in n.y. office. it cost more to heat the tanks than we made selling the products. you have other refineries that may take in heavy , extremely heavy oil and refine it to coke. the bottom of the barrel and sold to electric companies or steel companies etc that can burn it and get the last of the energy out of it.

then you have mom and pop refiners that make special industrial oils for machines.. like cutting oils, splash lubricants perhaps for paper mills and it goes on.

hope this helps.


That certainly does help me understand the complexities and specializations in the oil business.

You're a great guy John and I appreciate your help.

My Best,
Josh

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