R
Ray A
Guest
Work for a few years, maybe decades, and save every penny of your income and you'll get there. What do you think of the article below? Share your thoughts.
I was curious about gas prices and decided to go on an investigative journey. I found the U.S. Government Energy Information Administration website and made some interesting observations.
Read this - http://www.eia.doe.gov/bookshelf/brochures/gasoline/index.html. If you read through the incredible amount of clutter you'll notice this paragraph
"In 2007 U.S. refineries produced 90 percent of the gasoline used in the United States. Although the United States is the world’s third largest crude oil producer, less than 35 percent of the crude oil used by U.S. refineries was produced in the United States. Net petroleum imports (imports minus exports) accounted for 58 percent of our total petroleum consumption. About 48 percent of our net petroleum imports were from countries in the Western Hemisphere, 18 percent from the Persian Gulf, 22 percent from Africa, and 12 percent from other regions."
Interesting how it says "Western Hemisphere". As you read on, this comes up as FAQ.
"Can I tell which country or State the gasoline at my local station comes from?"
THIS is their answer:
"The Energy Information Administration (EIA) cannot definitively say where gasoline at a given station originated since EIA does not collect data on the source of the gasoline sold at retail outlets. The name on the service station sign does not tell the whole story. The fact that you purchase gasoline from a given company does not necessarily mean that the gasoline was actually produced by that particular company’s refineries. While gasoline is sold at about 167,000 retail outlets across the nation, about one-third of these stations are “unbranded” dealers that may sell gasoline of any brand. The remainder of the outlets are “branded” stations, but may not necessarily be selling gasoline produced at that company’s refineries. This is because gasoline from different refineries is often combined for shipment by pipeline, and companies owning service stations in the same area may be purchasing gasoline at the same bulk terminal. In that case, the only difference between the gasoline at station X versus the gasoline at station Y may be the small amount of additives that those companies add to the gasoline before it gets to the pump. Even if we knew at which company’s refinery the gasoline was produced, the source of the crude oil used at that refinery may vary on a day-to-day basis. Most refiners use a mix of crude oils from various domestic and foreign sources. The mix of crude oils can change based on the relative cost and availability of crude oil from different sources."
LOL? Soon thereafter, another FAQ.
"Can I tell which companies purchase imported crude oil or gasoline?" and this again, is LOL material.
"While EIA cannot identify which companies are selling imported gasoline, EIA does collect data on which companies import crude oil and refined products. However, the fact that a given company imported crude oil or gasoline does not mean that those particular imports will end up being sold to motorists as that company’s brand of gasoline. The origin of the crude oil that a refinery processes is determined by market economics at a given time and may change from month-to-month or even day-to-day." Company-level import data can be found at: http://www.eia.doe.gov/oil_gas/fwd/cli.html
When I checked out that link... this is what it said on the bottom of the page:
Note: The data in the tables above exclude oil imports into the U.S. territories. again, LOL?
Oh, and this is the best part, if you checked out the last link. On the websites "explanatory notes", is says,
"Notice: Ongoing analysis of imports data to the Energy Information Administration reveals that some imports are not correctly reported on Form EIA-814 "Monthly Imports Report". Contact with the companies provides sufficient information for EIA to include these imports in the data even though they have not provided complete reports on Form EIA-814. Estimates are included in aggregate data, but the estimates are not included in the file of Company-Level Imports. Therefore, summation of volumes for PAD Districts 1-5 from the Company-Level Imports will not equal aggregate import totals."
for the last time, LOL?
I was curious about gas prices and decided to go on an investigative journey. I found the U.S. Government Energy Information Administration website and made some interesting observations.
Read this - http://www.eia.doe.gov/bookshelf/brochures/gasoline/index.html. If you read through the incredible amount of clutter you'll notice this paragraph
"In 2007 U.S. refineries produced 90 percent of the gasoline used in the United States. Although the United States is the world’s third largest crude oil producer, less than 35 percent of the crude oil used by U.S. refineries was produced in the United States. Net petroleum imports (imports minus exports) accounted for 58 percent of our total petroleum consumption. About 48 percent of our net petroleum imports were from countries in the Western Hemisphere, 18 percent from the Persian Gulf, 22 percent from Africa, and 12 percent from other regions."
Interesting how it says "Western Hemisphere". As you read on, this comes up as FAQ.
"Can I tell which country or State the gasoline at my local station comes from?"
THIS is their answer:
"The Energy Information Administration (EIA) cannot definitively say where gasoline at a given station originated since EIA does not collect data on the source of the gasoline sold at retail outlets. The name on the service station sign does not tell the whole story. The fact that you purchase gasoline from a given company does not necessarily mean that the gasoline was actually produced by that particular company’s refineries. While gasoline is sold at about 167,000 retail outlets across the nation, about one-third of these stations are “unbranded” dealers that may sell gasoline of any brand. The remainder of the outlets are “branded” stations, but may not necessarily be selling gasoline produced at that company’s refineries. This is because gasoline from different refineries is often combined for shipment by pipeline, and companies owning service stations in the same area may be purchasing gasoline at the same bulk terminal. In that case, the only difference between the gasoline at station X versus the gasoline at station Y may be the small amount of additives that those companies add to the gasoline before it gets to the pump. Even if we knew at which company’s refinery the gasoline was produced, the source of the crude oil used at that refinery may vary on a day-to-day basis. Most refiners use a mix of crude oils from various domestic and foreign sources. The mix of crude oils can change based on the relative cost and availability of crude oil from different sources."
LOL? Soon thereafter, another FAQ.
"Can I tell which companies purchase imported crude oil or gasoline?" and this again, is LOL material.
"While EIA cannot identify which companies are selling imported gasoline, EIA does collect data on which companies import crude oil and refined products. However, the fact that a given company imported crude oil or gasoline does not mean that those particular imports will end up being sold to motorists as that company’s brand of gasoline. The origin of the crude oil that a refinery processes is determined by market economics at a given time and may change from month-to-month or even day-to-day." Company-level import data can be found at: http://www.eia.doe.gov/oil_gas/fwd/cli.html
When I checked out that link... this is what it said on the bottom of the page:
Note: The data in the tables above exclude oil imports into the U.S. territories. again, LOL?
Oh, and this is the best part, if you checked out the last link. On the websites "explanatory notes", is says,
"Notice: Ongoing analysis of imports data to the Energy Information Administration reveals that some imports are not correctly reported on Form EIA-814 "Monthly Imports Report". Contact with the companies provides sufficient information for EIA to include these imports in the data even though they have not provided complete reports on Form EIA-814. Estimates are included in aggregate data, but the estimates are not included in the file of Company-Level Imports. Therefore, summation of volumes for PAD Districts 1-5 from the Company-Level Imports will not equal aggregate import totals."
for the last time, LOL?