Price of Gas in Saudi Arabia

[MDimitri]

One Saudi SAR is equal to .27 cents US. Price for fuel in Saudi is SAR 0.76. That would make it 0.21 cents/CDN Litre or 0.80 cents/Gallon.

[KenP]

Originally Posted by MDimitri

One Saudi SAR is equal to .27 cents US. Price for fuel in Saudi is SAR 0.76. That would make it 0.21 cents/CDN Litre or 0.80 cents/Gallon.

Glad Bush called for more drilling, but we can't do shiz without some refineries. Thanks enviro-freaks.

[MDimitri]

The current refinery squeeze has been building for years. For the past two decades, deregulation and low profits have combined to push the industry into consolidation. Mainly because of environmental regulations, it was cheaper to expand existing refineries than to build new ones. In 1981, the US had 324 refineries with a total capacity of 18.6 million barrels per day, the Department of Energy reports. Today, there are just 132 oil refineries with a capacity of 16.8 million b.p.d., according to Oil and Gas Journal, a trade publication.

This bottleneck is expected to keep pressure on gas prices - and politicians. Both parties are weighing measures to loosen environmental and permitting constraints for refineries(DUH!). Rep. John Shadegg (R) of Arizona is set to offer a bill to streamline federal regulations governing refineries, Congressional Daily reports.

Echoing that call, Representative Sullivan announced he will introduce legislation to help pave the way for a big new refinery near Cushing, Okla. His proposal, which had been stripped from the energy bill passed by Congress this summer, would speed up permitting by lessening "arcane and outdated environmental standards," he said in his statement.

But the furthest along is Arizona Clean Fuels Yuma, which aims to locate a high-tech oil refinery in the Arizona desert. The hurdles are high. The company is still lining up investors to pay the $2.5 billion price tag. It has to hire biologists to ensure the new plant will not hurt an endangered lizard.?? OMG WTH Are you people doing down there??? A Lizard?!? A local clean-air group is questioning the project. But if the plan is realized, it would be the first US refinery built since 1976 - YIKES!! Is this true?? No new refineries in 32 years??.

Yo, what the heck is going on down there in America?? We had an owl problem up here...but not anymore...get the picture!

[wpage]

Tree huggers have got it so bad around here we cant even get road improved cause of snakes and frogs that may suffer?

Build a refinery. Your kidding!

[Big Dad]

The price of gas may be good, but considering there isn't a drop of alcohol, an ounce of pork, and the only pussy to be seen is the 4 legged type...well, nuff said!

[frenzy1]

Originally Posted by Big Dad

The price of gas may be good, but considering there isn't a drop of alcohol, an ounce of pork, and the only pussy to be seen is the 4 legged type...well, nuff said!