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lovuian Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-25-05 10:03 PM
Original message
Saudis building big export refinery
http://feeds.bignewsnetwork.com/?sid=a8bcb3d80fae1311

Saudi Arabia's state-owned oil company will invest $4.8 billion to build a huge refinery in the western part of the kingdom, AME said Friday.

Aramco will build the refinery with a capacity of 400,000 barrels per day of high-grade petroleum products, much or all of which will be exported through the Red Sea.
more...

Guess their going to knock out the middleman literally!!!
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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-25-05 10:06 PM
Response to Original message
1. Another reason for us to elect a government
that will put making us energy independent first and foremost and absolutely urgent.
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Old and In the Way Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-25-05 11:02 PM
Response to Reply #1
4. I wonder what Gore would have done with a $500BB surplus?
Big Oil has taken care of the surplus...they put us in Iraq and got the sweetheart contracts knowing that the next President is not going to have any money in the Treasury to change our ME oil dependency....
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lovuian Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-25-05 10:15 PM
Response to Original message
2. If Arabia has Peak Oil and their oil is getting impurities
they will need the refinery to help keep the secret longer!!!
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niallmac Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-25-05 10:16 PM
Response to Original message
3. "You can trust your car to the man who wears the thobe.
The big bright Texaco Thobe!!"
I think that's the way the old jingle goes.

:patriot:

Thobe. (Pronounced "tobe".) You may also see this spelled Taub. This is the Arabic word for ...traditional white garment...dress...
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amandabeech Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-26-05 05:41 AM
Response to Original message
5. Any new Saudi production is likely to consist to a large extent
of heavy, sulfurous oil that cannot be refined easily in standard refineries.

Removing sulfur and upgrading heavy crude by cracking the molecules and inserting more hydrogen atoms is a complex business.

If the Saudis want to sell more heavy crude, and they can't always get rid of what they have now, either they or their customers must build new refineries or renovate older refineries to take the heavy, high sulfur crude.

Actually, the Saudis offered to build a refinery here if we would take care of all the permitting. I guess either * has not acted quickly enough or is not really interested. Fool.
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