New Refinery in South Dakota Closer

Thu Jun 05 06:58:00 -0700 2008
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A local referendum has approved zoning allowing what could be the first new oil refinery to be built in the US in 30 years. Voters in a small South Dakota town approved the proposed facility to be built and operated by Hyperion corporation. It still needs final air quality rulings from the state there. If built, it will be refining Canadian oilsands crude.

ed.z.: As fuel prices rise, opposition to refineries will drop, inevitable.

New Refinery in South Dakota Closer
Thu Jun 05 08:36:33 -0700 2008
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It goes without saying that the demand for refined petroleum is at or near its highest level ever, and the industry's complaint is that we need more refineries to increase capacity.

But now that the baby has its bottle, how many more refineries are going to follow?  While I don't think you can lose money with the investment, analysts should look at this in the abstract as an industry with rising materials costs and allegedly razor-thin margins, you have a product losing that can price itself right out of a market where it is already losing its resting inertia.

Alt-energy is past the proof-of-concept stage and waiting for its Henry Ford.  Anybody want to buy into my saddle and harness business?

New Refinery in South Dakota Closer
Thu Jun 05 10:16:12 -0700 2008
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It seems to me after 30 years we OUGHT to be able to create a refinery that can potentially accept MULTIPLE feedstocks.

As in Coal, Oil, Biodiesel, Cellulose, and Glucose/Sucrose feedstocks to produce fuel from whatever is cheapest.

Even if some of the input conveyers lead to a giant hole in between the conveyer and the pipeline- given the high cost of a barrel of oil, it would be well worth the effort to design for multiple feeds.

New Refinery in South Dakota Closer
Thu Jun 05 16:13:01 -0700 2008
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It is already there, giant windfarms are common as can be now and many areas of the world have a thriving solar PV business. I think we are beyond a single henry ford anymore, but *dang* some of the union rust belt folks need to take a look at their pension fund stashes and open their own model A wind and solar factories and run them as a profit sharing co-op with zero outside investors. Eliminate 5 layers of skim off the top and you can probably be quite competitive with traditional energy sources, especially if you don't have to go buy millions and billions in "carbon credits" just to operate, nor have to fund short attention span "stock holders" or deal with goons like icahn and top heavy herds of "management". Mass quantities is what gets stuff cheap. We got empty factories all over. Heck, what is a windcharger but a DC motor on a pole with a prop on it. It just ain't rocket surgery. Solar PV takes a fab, that is probably a lot more expensive to build, but the cost of energy is not going down anytime soon, most any forms of energy production will "make money" eventually. Joe small town alternator/starter repair shop has everything they need to start pumping out a basic small homeowner sized windcharger system, they can build and assemble almost everything they need with what they got, sub out the props and buy in a control panel.