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<blockquote data-quote="Babagounj" data-source="post: 959914" data-attributes="member: 12952"><p>menotyou, the story is about Sunoco and their shutting down of refineries along the east coast , which for decades has only been processing foreign oil which are of a lighter grade and the lack of a connecting pipeline to Texas.</p><p>They have been attempting to find buyers for their refineries.</p><p>And now are thinking of turning their lots into huge storage tanks holding areas for European processed gasoline, from where all future supplies will be coming.</p><p>It also involves the Jones Act of 1920, US ships with US crews, which raises the transportation costs of shipping gasoline along the US coast . Basically the cost of a barge of Texas fuel is equal to sending a fully load tanker ship from Europe .</p></blockquote><p></p>
[QUOTE="Babagounj, post: 959914, member: 12952"] menotyou, the story is about Sunoco and their shutting down of refineries along the east coast , which for decades has only been processing foreign oil which are of a lighter grade and the lack of a connecting pipeline to Texas. They have been attempting to find buyers for their refineries. And now are thinking of turning their lots into huge storage tanks holding areas for European processed gasoline, from where all future supplies will be coming. It also involves the Jones Act of 1920, US ships with US crews, which raises the transportation costs of shipping gasoline along the US coast . Basically the cost of a barge of Texas fuel is equal to sending a fully load tanker ship from Europe . [/QUOTE]
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