(Topic ID: 209681)

Fossil Fuels - is the USA getting left behind?

By vid1900

6 years ago


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  • 132 posts
  • 43 Pinsiders participating
  • Latest reply 6 years ago by Yoski
  • Topic is favorited by 2 Pinsiders

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#83 6 years ago

I work for an oil refinery, and from my standpoint everything in there is regulated by the epa. Between the epa and rins (renewable energy identification numbers)(basically a credit you get for blending gas that can be openly traded on the market and gouges small refineries like mine), we will start seeing smaller refineries close down, and the big ones that dont care about the epa fines will be the only ones operating, and gas will be 10 bucks a gallon, and thousands of middle class workers out of the job. Renewable energy is great, but while there is a damand i will have a job, and that demand should last until i retire in 30 years at least. But rins could change that since my company doesnt blend its own fuel, we have to purchase the credits from the open market that speculators have made the price go through the roof. My 2 cents is all

#91 6 years ago
Quoted from Pinfactory2000:

If oil goes to $10/gallon you'll find a very lucrative career in the renewable sector since it will be a boom time for them!

As it sits, renewable cant put a dent in our usage, even at max output, so no one wins but the large oil companies. Renwable energy also doesnt pay what oil pays, and i like making a living. As fatdirk says, the waste is crazy. Spending hundreds to save dimes. I always say we would be bankrupt if it was anything other than oil!!!

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