Refineries lost a lot ordspråk

Refineries lost a lot of money. In fact they lost money for most of the 1990s. People chose not to spend on refineries. So what's affecting us now is that we're behind the investment curve and it will take us five to 10 years to catch up.

The refineries are making the money. Most refineries also are in the crude business, so they make money on both sides.

The current lack of oil refinery capacity is largely the result of a conscious decision by the oil industry in the 1990s to limit supply to increase profitability. In the 1990s, approximately 50 refineries were closed, and since 1995, over 20 refineries have been shut down.

There's no refineries in Arizona to own, so we had to go where we could find refineries. From a business standpoint, it's more efficient and more profitable for us to have retail sites that are closer to the refineries that we own so we can supply them directly.

This was a five-year reform (and) we're coming to our fifth year. We haven't used all of our money because we chose not to spend it quickly, but to spend it well and to spend it in full consultation with the people who give us our money.

Frank DeStefano

People lost money last year and now they have to pay the tax bill -- 'They're saying I lost money and now I have to write a check.' They're not thinking about earnings or warnings.

There is no doubt that if we have lost that much money in retirement accounts, we lost that much money in the stock market itself, we could lose similar amounts of money in projected surpluses.

Four refineries may come back in the next two or three weeks. For another three or four refineries at least, we will probably have to wait for more than a month. We have seen some efforts by the U.S. government telling people not to buy gasoline if they don't need it, to conserve energy.

Francisco Blanch

I worshipped money so much that it ruined my life. Money is not my god. I just want to manage His money for Him, for the poor people, the lost kids. I just love everybody.

There's a lot of investment money out there right now. People really have done well the past four or five years and they recognize that northern Colorado is going to keep growing. So there is a lot of commercial building out there that is attracting investment money.

The crude situation is less serious and more manageable than that of refineries. It all depends on how water affected refineries in the area.

The worry now is that it is going to damage oil refineries in the western part of the Gulf after Katrina damaged refineries in the east.

It allowed us to buy all these refineries at deep discounts and make all this money.

Refineries in Texas did not take a direct hit from Rita, but the energy grids in that area were effected, and power has not been restored to those refineries.

Some refineries have made repairs quickly and will be running normally in a week or two. About half of the refineries that closed will take a lot longer to get back on line.

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Denna sidan visar ordspråk som liknar "Refineries lost a lot of money. In fact they lost money for most of the 1990s. People chose not to spend on refineries. So what's affecting us now is that we're behind the investment curve and it will take us five to 10 years to catch up.".

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