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View Diary: I've Been Buying Tar Sands Gasoline! (45 comments)

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  •  So ... (4+ / 0-)
    Recommended by:
    JeffW, joedemocrat, Roadbed Guy, Creosote

    1.  You are right in that I should have provided the context which is, as I believe you're aware, rather complex.

    2.  The analysis that I've seen suggests that the refiners are pocketing the vast majority of the price differential -- I've seen items that the price savings due to tar sands, at the trucker level, is in the range of 5 cents/gallon.

    3.  And, that analysis suggested a bump in gas/diesel prices in tar sands supplied areas if Keystone is built due to a reduction in the glut.

    Blogging regularly at Get Energy Smart NOW! for a sustainable energy future.

    by A Siegel on Sat Jun 29, 2013 at 07:03:10 AM PDT

    [ Parent ]

    •  Hmm, 5 cents a gallon? (1+ / 0-)
      Recommended by:
      A Siegel

      that sounds like a piddling value that is "in the noise" of usual price fluctuations so it can't really be proved or disproved.

      Anyways, the discount should be 10 to 15x larger than that - somebody's making money big time refining this shit!

      And about point 3, yeah of course - * anything * can and is used as an excuse to bump up prices!

      The Bakken oil, btw, also contribute to the "glut" (although infrastructure is already in place to ship it by rail, so not to the extent as the tarsands).

      •  And ... apropos to this ... (0+ / 0-)

        Cheaper Canadian Oil for Refiners in Midwest Not Reflected in Prices at the Pump

        Refiners are keeping windfall profits from flood of tar sands oil for themselves, undermining a key national interest argument in favor of the Keystone XL.

        For nearly two years, refineries in the Midwest have been buying crude oil at steep discounts thanks to a glut of U.S. and Canadian oil. But drivers in the Midwest haven't seen a corresponding decrease in gasoline prices. In fact, they sometimes pay more at the pump than people in other parts of the country, even as windfall profits flow to BP, Koch Industries Inc. and other large Midwestern refiners.

        Blogging regularly at Get Energy Smart NOW! for a sustainable energy future.

        by A Siegel on Mon Jul 01, 2013 at 05:08:04 AM PDT

        [ Parent ]

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