Louisiana Refinery Fire ... Gas Prices???

Discussion in 'Off Topic' started by NCFubar, Feb 13, 2020.

  1. NCFubar

    NCFubar Well-Known Member

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    Just when the gas prices are dropping ... the largest refinery in the SE (over 500,000 barrels per day) has been damaged by a major fire. This will show up in mainly gas prices in our area ... not a shortage.
     
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  2. DirtySCREW

    DirtySCREW I am Negan Charter Member Supporting Member

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    <Tinfoil hat>

    Kinda funny that this always happens when gas prices are falling....

    DS
     
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  3. rdinatal

    rdinatal Well-Known Member Supporting Member

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    It was down almost 25 cents the past two weeks.

    Refinery: 'Oh, time to make more $$$. Marketing, quick, what can be done?'

    Marketing: 'How about a fire sale?'
     
    Last edited: Feb 13, 2020
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  4. NCFubar

    NCFubar Well-Known Member

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    I am not suggesting a tinfoil hat type reaction ... I’m saying just when we get a break shit crap happens. I do not believe that Exxon (it’s their facility) would cause a fire took out at least one fractional distillation tower setup that will cost millions to repair and loss of production for many weeks ... if it would have been storage tanks, which were damn near overflowing last week, maybe but a major part of the physical plant nope.
     
    Last edited: Feb 13, 2020
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  5. Schattenreiter

    Schattenreiter Member Supporting Member

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    They have storage tanks now? Seriously I worked with a guy who used to live down in an area that had miles and miles of storage tanks(called it tank farms). He went back for a visit once and talked to a friend who still lived there. He asked what happened to the tanks cause they were all gone. Guess someone figured out it was easier to control the price if they didn't have so much stored up.
     
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  6. ronn47

    ronn47 Where's the Scotch? Charter Member Benefactor Life Member

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    The gov reserves are stored in salt mines and I think some of them are in La.
    Plus with hurricanes it would be a good idea to have the tank farms inland somewhat.
     
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  7. BatteryOaksBilly

    BatteryOaksBilly A SHOOTER Benefactor Life Member Supporting Member

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    Filled up today for $2.01.9 over at the Bitch.
     
  8. Brian K

    Brian K Turd Noodler Charter Member Supporting Member

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    Any reason to raise gas prices is a good reason.

    Oil Exec #1: "A gnat just farted over the desert in Africa!"

    Oil Exec #2: "Raise gas prices by $0.50/g immediately! Issue a statement about the butterfly effect!"
     
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  9. Schattenreiter

    Schattenreiter Member Supporting Member

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    Butterfly!!! I thought it was a gnat? :eek:
     
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  10. noway2

    noway2 Senior Member Charter Life Member

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    Like last year when they had the pipeline shutdown. It wasn’t an issue for weeks until the public heard about it and stampeded. I almost couldn’t get gas and would have had to take a work truck home. At least I would have had that option.

    Between me and my parents we’ve got a decent storage of about 30 gallons. Our plan is to get a storage tank and keep a few hundred.
     
    Last edited: Feb 13, 2020
  11. LeeMajors

    LeeMajors Newly Empowered Bionic Man Staff Member Charter Member Life Member

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    Unless you are going to use those hundreds of gallons in a month or less That's a bad idea. I spent years in the gasoline industry. It begins to go stale not long after 20 days.
     
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  12. ronn47

    ronn47 Where's the Scotch? Charter Member Benefactor Life Member

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    Do any of the fuel stabilizers work?
    I'm more interested in my stored fuel for the lawn mower, weedeater, etc.
     
  13. Plott Hound

    Plott Hound Active Member

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    First one I remember where prices were jacked up because of something like this was when the Exxon Valdez crashed on the rocks in Alaska.
    I had filled up that morning on my way out of town, on the way home that evening the same station had raised the price by 10¢. At the time the price of gas was about $1.00, so 10%. Why, because they can.
     
  14. LeeMajors

    LeeMajors Newly Empowered Bionic Man Staff Member Charter Member Life Member

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    Non Ethanol stores somewhat better But up to about 6 months

    The issue with 10% ethanol gas is phase separation As well as degradation

    I personally use sta-bil 360 But can tell after 45 days or so it has still degraded
     
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  15. LeeMajors

    LeeMajors Newly Empowered Bionic Man Staff Member Charter Member Life Member

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    Stale = btu degradation
     
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  16. Plott Hound

    Plott Hound Active Member

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    Staybil works. I've used gas in my saw that was 6 months old that I treated with Staybil when I bought it.
     
  17. ronn47

    ronn47 Where's the Scotch? Charter Member Benefactor Life Member

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    Sta-bil is what I have been using, wondered if there was something better and I use non-ethanol fuel also.
    Thanks for the input.
     
  18. LeeMajors

    LeeMajors Newly Empowered Bionic Man Staff Member Charter Member Life Member

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    Phase separation
     
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  19. J R Green

    J R Green Member Charter Life Member

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    Back in the day when there was a shortage Clinton ordered the reserves be released to keep people from panicking. Maybe this is a result of that.
     
  20. DirtySCREW

    DirtySCREW I am Negan Charter Member Supporting Member

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    Is it time to buy a Tesla??

    Lol

    DS
     
  21. noway2

    noway2 Senior Member Charter Life Member

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    In your case, get a Prius (or a Subaru) and put a bunch of bumper stickers on it so that you’ll look like a Librul Dimmorhoid. :p
     
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  22. ES44AC

    ES44AC Happy to be here

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    Someone needs to make a Meme for this.
     
  23. ES44AC

    ES44AC Happy to be here

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    Just wait till the Oil companies buy the electric companies. Building more power plants and raising rates because of all the electric cars coming in the future.
     
    Last edited: Feb 14, 2020
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  24. llaht

    llaht Member

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    speedway N main lex... monday or tue was 2.00 today 2.22
     
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  25. rdinatal

    rdinatal Well-Known Member Supporting Member

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    I went to fill up. Left for a station that had the best price: $2.02
    Got there: $2.25
     
  26. Hammer21b

    Hammer21b I'm you're Huckleberry

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    I keep about 40-50 gallons of non ethanol on hand all the time and rotate it through my 4 wheeler, side by side, lawn mowers and the Jeeps get the left overs if it goes beyond 6 months. I use the motorcycle racing gas tanks that dont have the screwed up valves on them. And they are treated with stabil right off the bat so they may go a little longer if needed. I also carry 2 5 gallon jerry cans on the JK Jeep now. I came about as close to running out of gas as I ever had going down to Key Largo, Florida 2 weeks ago. I wont do that again!
     
  27. Catfish

    Catfish E Pluribus Mendacium Supporting Member

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    I keep E0 with Stabil for a year then rotate. I use it in my car with zero issues so it will go longer im sure.

    Gas prices in Charlotte also jumped about 20 cents