Posted by dej(Jed) on August 07, 2014 at 06:49:33 from (141.189.113.1):
In Reply to: Price of gasoline posted by dej(Jed) on August 07, 2014 at 05:44:11:
I ran a petroleum research lab for years. Our function was to test the quality of the various petroleum fractions produced from crude oils around the world. We received barrels of crude and our pilot plants simulated all of the various refinery processes: be it distillation, reforming, catalytic cracking or whatever. Based on the testing results(called a criude assay) the major oil refiners would then decide how to best use the crude that they had on hand. Heavy crude was then and is still now , not real desireable. Light, sweet crudes are very desireable. There is no glut on the market from over production.
They are simply clearing out some momentary excess inventory.
I wouldn't get too excited about gasoline prices going back to years ago pricing and staying there.(fuelsandlubestechnologies.org)
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Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
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