The new refinery means billions of dollars of capital investment, along with thousands of high-paying jobs, and a tremendous economic boom to the tiny community. Even still, the battle to approve the refinery was a closely-fought one, with environmental groups spending tens of thousands of advertising dollars to persuade residents to vote against it. The final vote was 3,932 in favor, 2,832 against -- a massive turnout in this small town of 10,000 residents.
While oil prices are responsible for the majority of gasoline's increase, part of the problem is restricted refinery capacity. With the nation's gas being produced by an increasingly rickety network of aging refineries, a substantial percentage of U.S. demand is now refined overseas. Gasoline is more expensive to ship than oil, which raises prices and creates potential supply bottlenecks. A shortage of refinery capacity was also responsible for gasoline shortages after Hurricane Katrina struck, when the temporary closure of several refineries caused prices in some southern states to more than double.
Approval for the plant is not yet absolute, however, as legal action continues to bar construction from beginning. According to Ed Cable, the leader of one of the groups opposing construction, "We have strategies in place to slow or delay all the permit processes." The first such is a legal challenge to the county's zoning approval, filed in state court.
Hyperion must also win the approval of state and federal regulators, a process that requires over 1,000 separate permit applications and is expected to take several years.
quote: human casualties aren't important to hardcore environmentalists
quote: And I love how the pre-70s quotes say it was the cooling that was going to kill us.
quote: What we’ve got to do in energy conservation is try to ride the global warming issue. Even if the theory of global warming is wrong, to have approached global warming as if it is real means energy conservation, so we will be doing the right thing anyway in terms of economic policy and environmental policy.—Timothy Wirth, former U.S. Senator (D-Colorado)
quote: Today it seems that we only fear our government, terrorists, the economy, and our neighbors.
quote: I do agree with you, going to have to accept that there are crazy people out there.
quote: meh...I have a solution for the energy crisis --- burn the bodies of whacko environmentalists.
quote: Hmm, maybe its because they're the ones who have repeatedly stopped up from drilling for more oil in ANWR or anywhere else in the US.
quote: a 3rd world country ran entirely by corporations
quote: People aren't starving, and the country isn't even in a recession, much less a depressio
quote: Nobody wants a refinery in their back yard
quote: According to Ed Cable, the leader of one of the groups opposing construction, "We have strategies in place to slow or delay all the permit processes." The first such is a legal challenge to the county's zoning approval, filed in state court.
quote: Enviromentalists may have actual caused greater harm to the enviroment by blocking new, safe, clean, etc refineries from being built where more "responsible" individuals will actively try to limit thier pollution outputs.
quote: but I'm guessing that he has a good reason to be doing what he's doing.
quote: The worst part, they are not really acchieving thier goals at all.
quote: I don't believe such a huge number of people are truly so warped to act that irrationally.
quote: legislators are fuming that Cuba is opening up its continental shelf for oil and gas exploration while most of the U.S. continental shelf outside the Gulf of Mexico, which extends 200 miles from shore, has been off limits for drilling since the early 1980s, the New York Times reported...
quote: The reality is that recourses are virtually unlimited, and so long as we take reasonable measures to safeguard the environment, there is virtually nothing we can do to 'damage' the Earth. It will always be here, and life will flourish long after we are gone.
quote: HUNDREDS of species become extinct and there's nothing we can do to stop it.
quote: Reducing how much we use, is.
quote: I would love to see you try and affordably market a vehicle made out of carbon fiber composite. Let me know how it works out.
quote: other then the there is a higher cost associated with producing it?
quote: I've decided to go to an e85 setup on my k20, mainly because of that sweet sweet 105 octane, available anywhere.
quote: For once it's a good thing that South Dakota has such a conservative government.
quote: Conservative leadership, strong economy. Mystery solved! :)
quote: Sorry, but if that's the case then why are the conservative states in the south also the poorest in the country? While the super liberal northern states are doing much better?
quote: Frankly this country would be so much better off with every state being as " poor " as the south.
quote: Stick to reporting about new tech gadgets and computing industry news. That's what most of your readership cares about
quote: as there is Ethanol produced here that already drops the price 20cents or so
quote: ...the refinery will process 400,000 barrels a day of Canadian tar sands crude into low-sulfur diesel, gasoline, and jet fuel.
quote: that should really drop the price of gas at the pumpby about 1 cent...US consumes aprox 20M barrels.Why not spend that money in coming up with better alternate energy, so we dont end up in this same cycle again in the future.