I Remember Even/Odd Gas Fill-Up Days…

…of the late 70’s and I do NOT want to put up with that BS again. But unless the BANANA Principle (Build Absolutely Nothing Absolutely Near Anything) goes the way of the dinosaur real soon, we may just wig ourselves into lining up for a tankful (if we’re lucky) on the day corresponding to the even/odd last digit of our license plate.

Oil scales new peak
…”Crude might have gone too far too quickly, but I don’t see us pulling back straight away,” a London trader said.
Prices charged higher as a steep drop in U.S. gasoline stocks and nearly daily refinery problems raised doubts about fuel supplies in the world’s biggest consumer.
Although there is only about one month left in the traditional summer demand period, dealers said a late price rally could not be ruled out.
A severe hurricane season could knock out further U.S. supply. “People dare not price in the surpluses they see,” said Deborah White, senior energy analyst at SG Commodities in Paris.
U.S. refineries have been hit by more than half a dozen unplanned outages in the past few weeks as plants show the strain of trying to keep up with two years of unexpectedly strong demand growth after a decade of underinvestment.
Adding to an already long list of refinery trip-ups, ConocoPhillips and U.S. refiner Valero Energy Corp. shut units late last week.

We need more refineries, before more oil. And we need them, like, a decade ago.

3 Responses to “I Remember Even/Odd Gas Fill-Up Days…”

  1. Mr. Bingley says:

    We need the sky to glow!
    Buuuuuuild ’em up!

  2. The Real JeffS says:

    Yeah, imagine that! The bottleneck is production, not supply. No doubt the swampies are spitting in anger. That’s fine….they can be the first to walk everywhere, sez I.

  3. Mr. Bingley says:

    Why don’t the lefties encourage the chinese to make ethanol plants? That would free up a lot of the cheap oil for my icemaker that Bushy McChimphitler supposedly started this war for.

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