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Post by FLORIDA HERD FAN on Aug 28, 2017 21:32:59 GMT
The clock is ticking, and the opportunity is slipping away for Trump to effectively propose a major program to build new oil refineries across the U.S. I have led the horse to water... You have no freaking idea what you're talking about. Obviously, you have no idea what I am talking about. Why should that be surprising for someone who proved to be incapable of distinguishing between economic benefit and human tragedies? I'll make it simple for you: 1. Environmental activists have defeated every plan to construct a major oil refinery since 1977. That is a span of 40 years. 2. Domestic oil production has increased significantly, putting a strain on already overburdened refineries. 3. The production from U.S. oil refineries is down by a projected 11%, as a consequence of Harvey. 4. The reduced production will result in higher fuel prices -- over the short term. 5. The impact will be temporary, perhaps as little as 30 days. Thus, the window of opportunity to propose something bold is limited. 6. No one is exploiting this opportunity to propose the construction of new oil refineries. Trump can rightfully claim full credit by doing so. 7. Oil refineries are a challenge to defend against acts of terrorism. Trump has the field all to himself. But, the window of opportunity is closing.
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Post by Hero on Aug 29, 2017 11:25:00 GMT
You have no freaking idea what you're talking about. Obviously, you have no idea what I am talking about. Why should that be surprising for someone who proved to be incapable of distinguishing between economic benefit and human tragedies? I'll make it simple for you: 1. Environmental activists have defeated every plan to construct a major oil refinery since 1977. That is a span of 40 years. 2. Domestic oil production has increased significantly, putting a strain on already overburdened refineries. 3. The production from U.S. oil refineries is down by a projected 11%, as a consequence of Harvey. 4. The reduced production will result in higher fuel prices -- over the short term. 5. The impact will be temporary, perhaps as little as 30 days. Thus, the window of opportunity to propose something bold is limited. 6. No one is exploiting this opportunity to propose the construction of new oil refineries. Trump can rightfully claim full credit by doing so. 7. Oil refineries are a challenge to defend against acts of terrorism. Trump has the field all to himself. But, the window of opportunity is closing. I propose the construction of new oil refineries.
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Post by tigercpa on Aug 29, 2017 11:30:00 GMT
If you are confued about whether Harvey is an economic benefit or detriment, well, join the club....two prominent US banks, each with huge staffs of economists can't seem to tell either.
JPMorgan says it will benefit overall GDP, while Goldman says it will hurt overall GDP.
Wondering how high do losses have to be before some insurance company can't payout on the claims?
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Post by Hero on Aug 29, 2017 11:34:02 GMT
The 4am advisory has the storm tracking to Cameron LA. My back yard...almost
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Post by tigercpa on Aug 29, 2017 11:35:00 GMT
You have no freaking idea what you're talking about. Obviously, you have no idea what I am talking about. Why should that be surprising for someone who proved to be incapable of distinguishing between economic benefit and human tragedies? I'll make it simple for you: 1. Environmental activists have defeated every plan to construct a major oil refinery since 1977. That is a span of 40 years. 2. Domestic oil production has increased significantly, putting a strain on already overburdened refineries. 3. The production from U.S. oil refineries is down by a projected 11%, as a consequence of Harvey. 4. The reduced production will result in higher fuel prices -- over the short term. 5. The impact will be temporary, perhaps as little as 30 days. Thus, the window of opportunity to propose something bold is limited. 6. No one is exploiting this opportunity to propose the construction of new oil refineries. Trump can rightfully claim full credit by doing so. 7. Oil refineries are a challenge to defend against acts of terrorism. Trump has the field all to himself. But, the window of opportunity is closing. I don't necessarily think a window exists. IF more refineries are in his overall strategy, he can have them anytime.
His national security powers give him ample opportunity, should he puruse them.
In concept, I agree with you.
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Post by FLORIDA HERD FAN on Aug 29, 2017 11:54:02 GMT
Obviously, you have no idea what I am talking about. Why should that be surprising for someone who proved to be incapable of distinguishing between economic benefit and human tragedies? I'll make it simple for you: 1. Environmental activists have defeated every plan to construct a major oil refinery since 1977. That is a span of 40 years. 2. Domestic oil production has increased significantly, putting a strain on already overburdened refineries. 3. The production from U.S. oil refineries is down by a projected 11%, as a consequence of Harvey. 4. The reduced production will result in higher fuel prices -- over the short term. 5. The impact will be temporary, perhaps as little as 30 days. Thus, the window of opportunity to propose something bold is limited. 6. No one is exploiting this opportunity to propose the construction of new oil refineries. Trump can rightfully claim full credit by doing so. 7. Oil refineries are a challenge to defend against acts of terrorism. Trump has the field all to himself. But, the window of opportunity is closing. I propose the construction of new oil refineries. That does it. The cat is out of the bag. Trump waited too long, and the opportunity has been squandered. The hero is Hero.
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Post by Hero on Aug 29, 2017 11:54:59 GMT
I propose the construction of new oil refineries. That does it. The cat is out of the bag. Trump waited too long, and the opportunity has been squandered. The hero is Hero.
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Post by Hero on Aug 29, 2017 11:56:21 GMT
The Brazos River expected to crest 5 feet OVER the record.
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Post by FLORIDA HERD FAN on Aug 29, 2017 12:03:33 GMT
If you are confued about whether Harvey is an economic benefit or detriment, well, join the club....two prominent US banks, each with huge staffs of economists can't seem to tell either. JPMorgan says it will benefit overall GDP, while Goldman says it will hurt overall GDP. Wondering how high do losses have to be before some insurance company can't payout on the claims? I don't know about other states, but Florida allowed insurance companies to charge an extra premium for several years following Andrew in order to restock their reserves. Most hurricanes and tropical storms yield far more economic benefits than losses. Storms like Andrew, Katrina and Harvey might have net minus economic benefit, but they are the exceptions.
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Post by FLORIDA HERD FAN on Aug 29, 2017 12:23:15 GMT
Obviously, you have no idea what I am talking about. Why should that be surprising for someone who proved to be incapable of distinguishing between economic benefit and human tragedies? I'll make it simple for you: 1. Environmental activists have defeated every plan to construct a major oil refinery since 1977. That is a span of 40 years. 2. Domestic oil production has increased significantly, putting a strain on already overburdened refineries. 3. The production from U.S. oil refineries is down by a projected 11%, as a consequence of Harvey. 4. The reduced production will result in higher fuel prices -- over the short term. 5. The impact will be temporary, perhaps as little as 30 days. Thus, the window of opportunity to propose something bold is limited. 6. No one is exploiting this opportunity to propose the construction of new oil refineries. Trump can rightfully claim full credit by doing so. 7. Oil refineries are a challenge to defend against acts of terrorism. Trump has the field all to himself. But, the window of opportunity is closing. I don't necessarily think a window exists. IF more refineries are in his overall strategy, he can have them anytime.
His national security powers give him ample opportunity, should he puruse them.
In concept, I agree with you.
Yes, he can and should propose building new refineries, but I can't imagine a better time than the present.
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Post by Bevo on Aug 29, 2017 13:30:04 GMT
I don't necessarily think a window exists. IF more refineries are in his overall strategy, he can have them anytime.
His national security powers give him ample opportunity, should he puruse them.
In concept, I agree with you.
Yes, he can and should propose building new refineries, but I can't imagine a better time than the present. I say again, you have no freaking clue what you're talking about. We don't need any new refineries. They are exporting half of what they make now. Although we haven't built any "new" refineries since 1977, we have increased overall capacity tremendously. More than 50% just since 1985. A quirk in the stupid EPA regulations allows refiners to "grandfather in" many existing emission rules if they "expand". So, they avoid most of the costliest new rules that would apply to a "new" refinery. If you want a NEW refinery? Just change the EPA regs. But, even if you did, no one would build one right now. We don't need the capacity. And, now is a TERRIBLE time to try to build one. Since the shale oil boom began a few years ago, petrochemical plant construction has EXPLODED (no pun intended). Construction costs have also gotten completely out of hand. MANY projects are going 50-100% OVER budget and 1-2 years delayed in startup. It's just crazy right now. And, this hurricane won't help. The LAST THING we need is the freaking government getting in the game and subsidizing a bunch of new refineries. Just change the rules, the market will take care of it. As for knowing the difference between personal loss vs property loss. I know enough to know that it's in very poor taste to be discussing that aspect of this tragedy NOW, while we're still in the middle of it. The personal loss is now up again... 14 dead the last I heard. I fear that number will be much higher before we're finished. And, we are definitely NOT finished with this story yet. I am quite confident that Harvey will be a NET LOSS to this country. Economically and personally. MOST of these people who are being flooded have NO flood insurance. They're going to be devastated.
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Post by Hero on Aug 29, 2017 14:56:22 GMT
A levee breach in Brazoria County(Columbia Lakes). Estimated to impact thousands of homes. Evacuating to Angelton ASAP.
Houston Officials are talking about an UNCONTROLLED reservoir release into Buffalo Bayou.
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Post by Bevo on Aug 29, 2017 15:01:28 GMT
A levee breach in Brazoria County. Houston Officials are talking about an UNCONTROLLED reservoir release into Buffalo Bayou. Addicks and Barker reservoirs were built in the 1930's. They've NEVER seen this much water. They are EARTHEN damns... not concrete. If they start over-flowing (and they are predicted to today) it would be a life-threatening event. Prayers are needed now more than ever.
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Post by Hero on Aug 29, 2017 15:13:01 GMT
A levee breach in Brazoria County. Houston Officials are talking about an UNCONTROLLED reservoir release into Buffalo Bayou. Prayers are needed now more than ever. NOW MORE THAN EVER
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Post by Bevo on Aug 29, 2017 15:21:02 GMT
Prayers are needed now more than ever. NOW MORE THAN EVER Wow... that's at Columbia Lakes. Getting pretty close to home there. That's where I learned to play golf. Still have many friends living there, and in the surrounding area. Not good.
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