If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
The Ontario Esso refinery fire = gold mine
They had a fire at a refinery in Ontario Canada about a month ago.
The price of gasoline went from $0.74/litre to $1.00/litre (about $1.03 per American gallon increase). Now, I don't know what the cost of the fire was to Esso, but the higher cost due to shortages netted Esso, Shell and Petro Canada about $110 million extra over the course of 3.5 weeks. This was while the world price for crude was stable at around $58/barrel. Not bad.....They should start more fires! |
Ads |
#2
|
|||
|
|||
The Ontario Esso refinery fire = gold mine
In article . com>, Rich wrote:
> They had a fire at a refinery in Ontario Canada about a month ago. > The price of gasoline went from $0.74/litre to $1.00/litre (about > $1.03 per American gallon increase). Now, I don't know what the cost > of the fire was to Esso, but the higher cost due to shortages netted > Esso, Shell and Petro Canada about $110 million extra over the course > of 3.5 weeks. This was while the world price for crude was stable at > around $58/barrel. Not bad.....They should start more fires! Same sort of thing happened in the USA when BP let a pipeline in Alaska to rust out. Must be nice to be rewarded for one's own incompetence... .then again maybe it's a plan of ready made excuses to cut supply and profit. In other industries, where there is a real free market, if your plant blows up or is otherwise knocked off line, it can mean going out of business. |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Mine was worse | HyperCube33 \(Life2Death\)[_4_] | Saturn | 3 | March 3rd 07 08:48 PM |
11 days to go and My PT is ALL MINE! | pe2[_1_] | Chrysler | 5 | July 18th 06 01:44 PM |
Race Car on Fire, Pit Crew on Fire, Everything on Fire..........Video Clip | Hansi | Technology | 2 | May 31st 06 06:52 PM |
California may face $3 diesel after Chevron refinery problem | Hardpan | Driving | 7 | August 11th 05 05:46 AM |
California may face $3 diesel after Chevron refinery problem | Hardpan | General | 8 | August 11th 05 05:46 AM |