hawk wrote :
Re: Bi-Polar Bear(Post 3400564)
the government temporarlly have allowed for suspension of mix rules mandated by the epa for certain areas, so the same gas can be sold anywhere. Because America will produce less gas for a few days Canadian gas will flow south where it can get a higher price,thus the Canadians get to pay for America a) not having extra refinery capacity and b) for putting the majority of our refineries in a hurricane zone.
less than a month ago a refinery in western canada had to shut down for maintenance .
a chain of service stations supplied by that refinery were without ANY gas for a couple of weeks or so .
one simply cannot build refineries or any other major structures to guarantee an unlimited supply of whatever goods - even in a disaster situation that might happen evey few years .
investment money from pension funds and any other investor has to go where they can make money for the investor . if they do not obey that rule , their investors (such as pensioners ) would be none too happy to find out that the fund has invested in a "dud" , and they would withdraw their monies : END OF STORY !
of course , if someone wants the "government" (the taxpayer !) , to foot such investments ... ... anyone care to answer that ?
(investment money usually goes where money can be made - but don't use the subprime mortgage market as an example <GRIN> . we can probably agree there was a lot of "payola" - also known as "bonus payments" - involved )
just read that 97 %
of refineries in the texas gulfcoast area have shut down .
if water - particularly salt water - gums up the systems , there might be a lengthy wait for restart .