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Re: something we can do about gas prices

Well that was a good email I thought and basically said the same thing that the
website that Eva sent.  One thing it didnt' mention was that all of these
companies use each other's oil depending on where the supply is needed so a
boycott wouldn't be practical anyway.  I was wondering how far I would have to
drive to find a citgo station anyway.


Aplfgcnys@aol.com wrote:

> In a message dated 02/17/2003 10:44:14 AM Eastern Standard Time,
> Cornergar@aol.com writes:
> >
> > I believe BP (Britsh Petroleum) owns Amoco now. H ave to wonder how many of
> >
> > those figures are still true. Still..it's quite an eye opener.
> >
> >
> I wasn't going to continue this, as it's political and not gardening, but
> since several have raised the question, I will pass on the following comments
> from my son who is an analyst in the petroleum industry.  Then I will not
> continue the political thread.
> For starters, BP and Phillips are not the same company, Conoco merged with
> Phillips, and has substantial holdings in the United Arab Emirates.  BP owns
> Amoco, so any Oil Amoco imports is really BP oil.  Citgo gets all of its oil
> from Venezuela because they are owned by the Venezuelan national oil company,
> Petrobras.  I'm curious that Chavez is so preferable to the Saudi's.  Shell,
> Exxon Mobil, Chevron/Texaco, BP etc. also happen to be the largest producers
> of American oil (accounting for over half of domestic production), so
> boycotting them also puts American oil off the market and Americans out of
> work as it is quite difficult to differentiate middle eastern gas pumps from
> ones suplied from Texas, California, or Wyoming.
> As the U.S. is only capable of producing about 6 million barrels of oil per
> day, but burns closer to 17 Million barrels a day.  And as we imported about
> 2 million barrels a day from Venezuela (before the strike), all they
> exported, and another 1.5 Million barrels a day from Mexico, all they export,
> and another 1 million barrels a day from Canada, all they export, and another
> couple million from Europe (so they can import oil from the middle east as
> well), Where does the author of this note propose we make up the additional
> oil we burn, but don't produce ourselves, if we can't get it from the middle
> east?  Most of West Africa's oil is already being burned in Europe.  China,
> Japan, Korea, etc. use all of the oil coming out of Australia and the
> Phillipines, along with much of the oil BP and Phillips produce in Alaska.  I
> guess we could make up our additional need for 6 million or so barrels a day
> currently coming from the middle east by going to war with Europe, and taking
> all of their North sea Production, and by going to war with the orient, and
> taking all of their oil.  Of course, after the war, they would probably have
> to get all of their oil from the middle east.
> Ultimately, with 22-25 million barrels a day of the worlds 70 million or so
> total barrels of production coming from the middle east, some one needs to
> burn middle east oil.  If we don't burn it, then we need to replace it with
> oil from somewhere else.  California?  Florida?  ANWR?  Of course, if we
> drilled all of these places flat out, we would still need several additional
> million barrels a day from the middle east.
> Sorry, but this chain mail is not very well thought out, but could do some
> real damage if enough people acted on it.
> ---------------------------------------------------------------------
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