The real story with this bill is that you had a tragedy occur that disrupted refiners and laid bare that the U.S. is dependent on this consolidated industry and, in a couple weeks, the industry was able to get a bill in the House and get the Congress to actually vote for it,
Quotes about refiners (16 Quotes)
The oil companies themselves aren't interested in building new refineries and will tend to denigrate the chances of any new investors actually succeeding in their business. They'll say, 'What does Richard Branson know about oil refineries' He doesn't have to know about that part of the business, but he can easily see that oil refiners are making a margin far superior to what he's making in the airline business.
The increased prices that people are having to pay is attributable to the increased costs of the price of crude oil and the 5 to 6 cents (a gallon) that we said is going to be the cost to refiners to go ahead and blend this new blend.
The market's reacting to forecasts that heating oil demand will be 20 percent below normal this week, giving refiners a little breathing room to boost supply ahead of winter.
We are at the absolute mercy of the New York Mercantile Exchange and the refiners,
Without regulation of oil refiners, oil companies can use new tax breaks to create new product that they simply export to drive up prices in the U.S. once again, ... This industry needs a regulatory stick if it is to increase refining capacity and sell the product in the United States of America.
If it's not rhetoric it's an effort to recapture the share of the oil cut that they gave away to deep conversion refiners,
Refiners are very popular on Wall Street now. If you bought refining (capacity) before the summer of 2005, you suddenly got one of the hottest assets on Wall Street.
Refiners are exhausted, like runners in midmarathon. They've been pushing very hard since last year. As a practical matter, these things have limits. If you push too hard, capacity drops.
Refiners are already going to be feeling a bit of a pinch in their ability to provide supply, and importers as well.
We have no control over price, which is determined by the market forces and refiners. We're eliminating the supply shortage, and hopefully that will stabilize prices.
If prices -- adjusted for inflation -- were to go above those of the 1970s oil crisis, then China would face a trade off. It either lets its refiners go bankrupt or it sacrifices its inflation target,
Here then is a great truth. In the pain, the agony, and the heroic endeavors of life, we pass through a refiner's fire, and the insignificant and the unimportant in our lives can melt away like dross and make our faith bright, intact, and strong. In this way the divine image can be mirrored from the soul. It is part of the purging toll exacted of some to become acquainted with God. In the agonies of life, we seem to listen better to the faint, godly whisperings of the Divine Shepherd.
The continued failure of California officials to compel refiners to create more refining capacity and increase inventories will result in gasoline prices rising to 4 per gallon relatively soon, ... The system is rigged for price spikes and the refiners know it.
Do we feel at times the trials and burdens placed in our individual crucibles are almost unbearable, as we feel the heat of the refiners fire. Remember God has his eyes on us, and will listen to our prayers. Tom Baker
When (former Gov. George Ryan's) administration tried to roll back the sales tax, it just went into the pockets of refiners and retailers and had no effect on prices.