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Ethanol mandates killing Pa. jobs, hiking gas prices

Washington Examiner -- Gas prices may have peaked nationally at $3.87 a gallon on April 9, but that is still more than double the price Americans were paying when President Obama was sworn into office. With such high prices you'd think oil refiners would be making record profits.

But you'd be wrong.

Thanks to federal government mandates, oil refiners are losing millions of dollars every quarter. As a result, two refineries in the Philadelphia area have already been shut down, and a third is scheduled to close this August. Thousands of jobs have been lost, and if all three facilities go offline, the East Coast will have lost 50 percent of its refining capacity.

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Submitted May 02, 2012 By: Piper0072

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Amplion Champion Author Oregon Posts:6,756 Points:1,862,360 Joined:Sep 2005	Message Posted: May 4, 2012 3:23:47 AM Ignore Amplion Report Abuse BAN ETHANOL
TRYWI All-Star Author Appleton Posts:898 Points:282,150 Joined:Jan 2012	Message Posted: May 4, 2012 2:43:09 AM Ignore TRYWI Report Abuse no
race2IT Champion Author Fort Worth Posts:1,767 Points:722,465 Joined:Oct 2008	Message Posted: May 3, 2012 1:31:38 PM Ignore race2IT Report Abuse Ethanol cometh from corn. They need to let corn be food, not fuel. If they’d let, food be food and fuel be fuel. The prices @ the supermarkets would come down big time.
johntxx Champion Author Texas Posts:2,766 Points:614,145 Joined:Aug 2011	Message Posted: May 3, 2012 11:35:28 AM Ignore johntxx Report Abuse "Obama is looking to make them worse. Last month, Obama's Environmental Protection Agency moved closer to upping the ethanol mandate from 10 to 15 percent. Obama's environmentalist allies would no doubt view the resulting refinery closings as a victory for Gaia, but for anyone who owns a car on the East Coast it would be a huge loss."
fuel2use Champion Author Seattle Posts:3,478 Points:730,625 Joined:Dec 2010	Message Posted: May 3, 2012 10:33:09 AM Ignore fuel2use Report Abuse E-0 gas.
FPLREP Champion Author Virginia Posts:8,251 Points:2,446,300 Joined:Oct 2005	Message Posted: May 3, 2012 10:27:46 AM Ignore FPLREP Report Abuse End the ethanol mandate, let the market decide it's fate.
VomVom Champion Author Calgary Posts:3,857 Points:1,627,080 Joined:May 2007	Message Posted: May 3, 2012 9:29:38 AM Ignore VomVom Report Abuse Gullibility and ignorance are all over the place in GasBuddies posts. If the refineries were making tons of money, you think they would shut them down? The East Coast refineries pay Brent for their feedstock. Unlike the Gulf Coast refineries whcich can use WTI and dilbit from Canada and Venezula which are much lower in cost for the past couple of years. That's why they are losing money.
gs7101 Champion Author San Antonio Posts:5,513 Points:387,470 Joined:Jun 2009	Message Posted: May 3, 2012 8:07:33 AM Ignore gs7101 Report Abuse Oil refiners are still making a ton of money -- don't feel sorry for big oil companies.
gandalfthegrey1 Champion Author Houston Posts:1,184 Points:384,785 Joined:Feb 2011	Message Posted: May 3, 2012 8:04:49 AM Ignore gandalfthegrey1 Report Abuse Ethanol - like some politicians we know - was an interesting concept but has been a big failure. We need to get rid of both.
07skydriver Champion Author Ohio Posts:3,250 Points:981,155 Joined:Feb 2009	Message Posted: May 3, 2012 5:57:30 AM Ignore 07skydriver Report Abuse The ethanol problems are blamed on Obama with no mention of the idiot in charge that made it happen.
eomc17 Champion Author Tucson Posts:1,822 Points:134,145 Joined:Mar 2007	Message Posted: May 3, 2012 1:59:31 AM Ignore eomc17 Report Abuse Refiners' tax rate averages around 41%. No wonder refineries are losing money. After they pay for overpriced oil, maintenance, and delivery of finished products, there isn't any room left for "big profits". The big profits for big oil are for barrels of oil, always has been. And speculators have helped them a lot, too, in keeping gas and oil prices hyper-inflated.
Amplion Champion Author Oregon Posts:6,756 Points:1,862,360 Joined:Sep 2005	Message Posted: May 3, 2012 1:37:37 AM Ignore Amplion Report Abuse BAN ETHANOL !!!!
leraar2 Champion Author Massachusetts Posts:3,754 Points:785,730 Joined:Mar 2011	Message Posted: May 3, 2012 1:24:05 AM Ignore leraar2 Report Abuse no pipelines exist from cheap local oil fields to these refineries.
NedW Champion Author Indianapolis Posts:5,599 Points:1,139,320 Joined:Mar 2008	Message Posted: May 3, 2012 12:34:14 AM Ignore NedW Report Abuse With so many men, woman and children that go to bed hungry every night, does anyone else see ethanol as extremely unethical if not evil? Or, is it just me?
tnfran Champion Author Arizona Posts:4,368 Points:840,240 Joined:Dec 2010	Message Posted: May 3, 2012 12:24:34 AM Ignore tnfran Report Abuse ETHANOL garbage costs us more every which way; loss of mpg's , higher food prices and the list goes on.
Jeff4U Champion Author Atlanta Posts:8,738 Points:1,850,420 Joined:Nov 2004	Message Posted: May 3, 2012 12:14:12 AM Ignore Jeff4U Report Abuse Ethanol is nothing but a legalized scam, a product that's forced down our throats.
Night Owl Champion Author Toronto Posts:7,540 Points:1,784,650 Joined:Jul 2004	Message Posted: May 2, 2012 11:28:51 PM Ignore Night Owl Report Abuse Stop the ethanol madness: 'Measured by its per-gallon energy content, the ethanol mixed with your gas costs more than the gas itself. Ethanol helps you fill your tank for less, but it costs you more because it makes you fill your tank more often.'
davenles Champion Author Texas Posts:3,186 Points:716,710 Joined:May 2011	Message Posted: May 2, 2012 11:14:12 PM Ignore davenles Report Abuse Ethanol has been a disaster from the start.
aquarinut Champion Author British Columbia Posts:1,628 Points:436,005 Joined:Jul 2011	Message Posted: May 2, 2012 9:39:27 PM Ignore aquarinut Report Abuse Supply and demand: Lower demand for gasoline because of ethanol (Hmmm... supply and demand does seem to have its place), but with ethanol as part of the playing field.... More middle men to pay: Blending stations More fuel burned: less mileage with ethanol not to mention how much more fuel is burned growing the crops needed for this stuff. Infrastructure to ship ethanol: By train... more fuel burnt just getting the "eco" crap to the blending plants Job loss: Lower gasoline demand = Refineries closing Ethanol fuel infrastructure to get gas to stations: Refineries close mean longer, more complicated and less efficient routes meaning higher costs. Hmmm... seems to be a lose, lose, lose, lose and lose situation!! The worst part of the whole equation is that its being force on the US by an administration that hates fossil fuel but has no real energy policy on how to properly reduce fossil fuel use. Their current energy policy seems to be, {Damn the consequences, full speed ahead with tax money!!!)
esq262 Champion Author Asheville Posts:2,887 Points:646,315 Joined:Jul 2011	Message Posted: May 2, 2012 9:11:13 PM Ignore esq262 Report Abuse Time to end Ethenol subsidies.
CVA19 Champion Author Salem Posts:2,393 Points:607,825 Joined:Aug 2011	Message Posted: May 2, 2012 9:00:30 PM Ignore CVA19 Report Abuse Could be that Pennsylvania will be a red state this year. Would be nice if all 50 went red.
drpepperTX Champion Author Texas Posts:8,934 Points:751,010 Joined:Apr 2011	Message Posted: May 2, 2012 8:55:53 PM Ignore drpepperTX Report Abuse Yet there are still those that think government is their be all, end all savior. Hopium addicts!
ExplorerWA Champion Author Washington Posts:4,067 Points:795,200 Joined:Feb 2011	Message Posted: May 2, 2012 8:28:55 PM Ignore ExplorerWA Report Abuse End ethanol and government involvement and mandates.
bandannaman Champion Author New Jersey Posts:1,849 Points:365,610 Joined:Dec 2010	Message Posted: May 2, 2012 8:00:00 PM Ignore bandannaman Report Abuse Great!