[FoRK] Authoritative explanation of gas spike in 2007/8?

Benjamin Black b at b3k.us
Fri Oct 9 13:11:23 PDT 2009


Ken Ganshirt @ Yahoo wrote:
> --- On Fri, 10/9/09, Ken Meltsner <meltsner at alum.mit.edu> wrote:
> 
>> Seems reasonable, but some refineries
>> can work with heavier crudes
>> than others. 
>>
> 
> But can they get ultra low sulphur diesel out of them?
> 
>> When I was at chevron's Richmond refinery (mid
>> '80s), they had invested heavily to handle Alaskan and other heavy
>> crudes, and were burned when lighter crudes remained plentiful.
>>
> 
> I'll bet they've recouped their investment since then. Our local refinery expended a considerable sum to build an upgrader adjacent to the refinery for upgrading heavier crudes. That was in the 80's. They are now expanding the entire refinery, including the upgrader portion.
> 

this is another part of the problem: there was a lot of refinery
capacity that came online in the 80s, but very little, new capacity
since then.


b



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