Quotes About Refiners

Shell and Exxon support export, but refiners like Valero could end up paying more for the crude oil.

Ultimately, refiners, like all of us, are going to have to clean up their emissions.

Corn is already the most subsidized crop in America, raking in a total of $51 billion in federal handouts between 1995 and 2005 - twice as much as wheat subsidies and four times as much as soybeans. Ethanol itself is propped up by hefty subsidies, including a fifty-one-cent-per-gallon tax allowance for refiners.

This venture envisioned a new refiners' cartel, headed by a central board that would negotiate advantageous terms with the railroads and maintain prices by assigning refining quotas to members.

To complicate matters, new refiners now entered the business expressly to blackmail him into buying them out.

His victory over the Cleveland refiners would be the first but also the most controversial campaign of his career.

Rockefeller warned refiners joining Standard Oil not to parade their sudden wealth, lest people wonder where they got the cash.

Low kerosene prices, a boon to consumers, were catastrophic for refiners, who saw the profit margin between crude- and refined-oil prices shrink to a vanishing point.

He identified many critics as competing refiners who had foolishly taken cash instead of Standard Oil stock for their plants.

Many refiners received rebates, not just the leading firms, and some tiny rivals actually got superior discounts, especially from the Pennsylvania Railroad.

But in spite of numerous scattered cases of rival refiners getting comparable rebates, no other firm received so many rebates so consistently over so many years or on such a colossal scale as Rockefeller's.

Both refiners and railroads were struggling with excess capacity and suicidal price wars.

There are some people whom the Lord Almighty cannot save," he later said wearily of the Oil Creek refiners. "They don't want to be saved. They want to go on and serve the devil and keep on in their wicked ways.

This left refiners with two major choices: either reformulate gasolines with increased shares of hydrocarbons that prevent knocking (known as the BTEX complex) or turn to ethanol. Initially, the BTEX complex became the leading substitute: this mixture of hydrocarbons—benzene, toluene, ethyl benzene, and xylene—present in liquid fuels is separated by refining and added to gasoline (which contains a limited volume of these aromatics) to boost its antiknocking capacity.