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114th Congress; Same Ol' Story....
Posted:
Mon Jan 05, 2015 8:15 am
by Mr. Shaman
Re: 114th Congress; Same Ol' Story....
Posted:
Mon Jan 05, 2015 8:25 am
by Professor
Directly, I can believe the 35 jobs line. Perhaps a few more, but less than the thousands others quote. However, the INDIRECT jobs created will easily be in the thousands. It will created excess supply that needs refinement, which will keep current refineries operating at much higher capacity, and perhaps even spur expansion in current refining capability. Furthermore, these types of O&G jobs are very well paying. For such a minimal amount of investment from the Fed, this should be a no-brainer. All they need to do is giver permission.
Re: 114th Congress; Same Ol' Story....
Posted:
Mon Jan 05, 2015 8:49 am
by Mr. Shaman
Re: 114th Congress; Same Ol' Story....
Posted:
Mon Jan 05, 2015 8:57 am
by Professor
What's your point. Valero has bet that the legislation will pass and has already begun building for it.
Re: 114th Congress; Same Ol' Story....
Posted:
Mon Jan 05, 2015 9:27 am
by Mr. Shaman
Re: 114th Congress; Same Ol' Story....
Posted:
Mon Jan 05, 2015 11:20 am
by Professor
So? It gets exported to countries that will pay good money for it, and that money comes back to the US.
Re: 114th Congress; Same Ol' Story....
Posted:
Mon Jan 05, 2015 11:29 am
by Mr. Shaman
Re: 114th Congress; Same Ol' Story....
Posted:
Mon Jan 05, 2015 11:49 am
by The Dharma Bum
the recent reduction in fuel prices is leading to mass layoffs in the petroleum industry, not the creation of thousands of "good paying jobs"
what a load of crap
Re: 114th Congress; Same Ol' Story....
Posted:
Mon Jan 05, 2015 11:50 am
by Professor
Yeah, back to Valero, which is HQd in San Antonio.
Are you against the pipeline, or the taxing structure?
Re: 114th Congress; Same Ol' Story....
Posted:
Mon Jan 05, 2015 11:55 am
by The Dharma Bum