[TheForge] Price of steel & scrap-OT

Sun Apr 11 00:45:00 2004

What ticks me off is the high price of gas and diesel which are both waste
by products of the refineries. The amount of crude oil needed to make the
quart container is several times the amount needed to produce the quart of
oil that goes in it.
Darrell

http://www.machinemaster.com
----- Original Message ----- 
From: "Craig Schaefer" <[email protected]>
To: <[email protected]>
Sent: Friday, April 09, 2004 8:03 PM
Subject: Re: [TheForge] Price of steel & scrap-OT

> I hate to keep this thread going, but the rise in refined petroleum
> prices comes from increase in the raw material price PLUS
> refineries aren't being built because of the environment and expense.
> Every time there is a refinery failure, investors see a possible short
> supply and therefore the price goes up.
> Build a refinery in your back yard.
>
> CraigS
>
> Andy Vida wrote:
>
> >Peter Fels And Phoebe Palmer wrote:
> >
> >
> >>Final note; In reality OPEC members havn't really cut production and
> >>probably won't... many of them cheat on the quotas....PF
> >>
> >>
> >
> > Then why the enormous price incereases?  Why, indeed.
> > What about coal, now reportedly going for $450/ton?
> >
> > Something's going on.  Perhaps the days of cheap
> > conventional energy are over?  What a bloody shock
> > we may be in for.
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