Pfft. This was a Valero refinery. Valero refined gas only goes to Valero stations, like BP refined gas only goes to BP stations and 7-Eleven refined Slurpees only goes to 7-Elevens.

I got my GED concentrated in petroleum distribution. Suck it.

unlikely: impaler: That means they will fall.

Don't be an idiot. You have to understand how oil works to accurately predict these things.

Here's a short course. I can give you an expanded one later if you need it.
- Refinery explodes = prices go up.
- New refinery comes online = prices go up.
- Democrat is elected = prices go up.
- Tuesday = prices go up.
- Oil spills on a coastline = prices go up.
- John Cleese's wife had kippers on thursday = prices go up.

Michelle Bachmann is elected = prices go down. She promised it!

/ sucks to be them
// in Texas

Since this article is from August 5th, the explosion explains the price hike that has occurred over the past 12 days, right?

How convenient!!

Mwaahhahahaha...

/puts pinky finger to corner of mouth
//grimaces menacingly

Prices here have hardly budged despite crude dropping almost 20% in the last month or so (ok it's rebounded a bit this week, still down 14% from a month ago).

The price of oil hasn't been determined by supply and demand levels for quite some time now. The price is now driven more by speculation and perceptions of what the market can bear. That's why the price of oil tanked along with the rest of the market in 2008 and 2009 from $140 a barrel to less than $60 a barrel. The supply/demand ratio didn't triple in that time period.

TL;DR - Rich people control the price of your gas through speculative investments that make them richer.

hardinparamedic: The company I work for provides on site fire for Valero

lolwutwut: Since this article is from August 5th, the explosion explains the price hike that has occurred over the past 12 days, right?

Ditto... And there was no effect in normal production rates. Fire was confirmed it was extinguished in under 20 min. Or so my sources say...

Well isn't that special

robodog: Prices here have hardly budged despite crude dropping almost 20% in the last month or so (ok it's rebounded a bit this week, still down 14% from a month ago).

Climb like a rocket... fall like a feather...

These prices are robbery. I think how much I am getting shafted every single time I voluntarily pay those prices instead of not paying them and not using gas.

Yea, this happened a couple of weeks ago. One day last week it took 3 tries to find a gas station with gas for sale, though. But then the EPA gave permission for winter grade gas to be sold, so all is well here now.

lolwutwut: Since this article is from August 5th, the explosion explains the price hike that has occurred over the past 12 days, right?

Just takes a while to get things from the south green-lighted.

/leisurely pace

Ben Bernake has also entered into QE3 which will lower the value of the dollar. So prices will go up.

It's gone down 4 cents in the past two months. HOLY SH*T I CAN BUY MYSELF A CHEESEBURGER WITH WHAT I'VE SAVED!

I alone am best: Ben Bernake has also entered into QE3 which will lower the value of the dollar.

God I hope so. A spot of modest inflation would be the best way to clear out the bad debt overhang. (It's basically a good progressive tax since all the wealth is owned by the top 10% alone control 70% of the wealth - in reality, granny isn't living off her investments, she's waiting for her inflation-indexed Social Security check.)

unlikely: impaler: That means they will fall.

Don't be an idiot. You have to understand how oil works to accurately predict these things.

Here's a short course. I can give you an expanded one later if you need it.
- Refinery explodes = prices go up.
- New refinery comes online = prices go up.
- Democrat is elected = prices go up.
- Tuesday = prices go up.
- Oil spills on a coastline = prices go up.
- John Cleese's wife had kippers on thursday = prices go up.

And this thread is over.


dahmers love zombie: Well I was walking in Memphis...
When a refinery exploded next to me and AAAAAIIIIIIEEEEEEEI'MONFIREI'MONFIREAAAAAAAAAAAAAA

No wait... NOW it is!

hardinparamedic: Glad I'm on vacation.

The company I work for provides on site fire for Valero, and is first call to back up MEM Fire when they run out of units.

So when Valero calls you up and says they need fire, you provide it on-site? Wow, talk about service!

What fire may look like:


/yes, it's hot.

Goddamn Babylonians!

dahmers love zombie: Well I was walking in Memphis...
When a refinery exploded next to me and AAAAAIIIIIIEEEEEEEI'MONFIREI'MONFIREAAAAAAAAAAAAAA

Thank you for the good laugh sir. +1

"Memphis refinery explodes. Republican candidates blame it on Obama"

Wanted for questioning

<b><a target="_blank" href="http://www.fark.com/comments/6486607/71148302#c71148302">ChrisDe</a>:</b> <i>Gas prices are not tied to supply and demand.</i>

More like greed and boredom.

"Say... Sir Bottomtooth III, should we raise the price of gas again?"
"My dear boy, we just did that yesterday, and I am dreadfully tired."
"RAISE IT! INFLATION TO THE INFIDELS!"
"Calm, Achmed. Jack Bauer is gone and never coming back."

Damn it, just when gas prices were almost down to just 200% of what it was when President Obama took office this crap has to happen. We can't get a break.

I used to buy gas, and then...

happened.

On a related note, diesel prices are hardly coming down even though gasoline fell 30 cents in the last two weeks... whats up with that?

I'm still cool with one tank a month... probably fill up around Labor Day or so.

I like how one refinery makes such an impact on the price of gas... Even with other companies that don't own said refinery...

The refinery was built in 1941and processes 195,000 barrels per day (BPD) of light, low-sulfur crude oil according to the company's website.

Built before Pearl Harbor attack. Impressive.

Not a good time to be walking in Memphis

busy chillin': dahmers love zombie
Well I was walking in Memphis...
When a refinery exploded next to me and AAAAAIIIIIIEEEEEEEI'MONFIREI'MONFIREAAAAAAAAAAAAAA

so there I was reading the thread all nice and stuff and then BAM! LOL.

nice work.

This.

Also, what price drop? Ours is still right around $4.00 depending on the station. The lowest I've seen it is $3.85 at 76.

Whoopie....

/still too damn expensive
//call me when it's back down to ~$2.50 like the price of milk is.
///which was how it was supposed to work.

I blame Bush, and by extent all Republicans.

They were going down? Prices around me in Connecticut haven't been below $3.89 (for cash) in months. Most of the time it's steady at $4.09 (for cash).

heisenberg: On a related note, diesel prices are hardly coming down even though gasoline fell 30 cents in the last two weeks... whats up with that?

Oddly enough, the price of regular just increased $0.05/gallon this afternoon in my town.