Originally posted by Patrick:
[quote]Originally posted by Don Cardi:
[b] [quote]Originally posted by ronnierocketAGO:
[b] Now the European Union is offering oil from its reserves to the U.S.
And our problem right now is that we do NOT have the refineries to convert and refine stuff. If a country like Mexico with all of it's refinery capabilities were to offer us heating oil and gasoline, well then that would be a big help to us at this very moment.
Don Cardi

[/b][/quote]Yes we do DC. Did you not read the article I posted? [/b][/quote]Yes Pat, I read the article. We do NOT have the refineries to convert crude oil to heating oil or gasoline. The hurricane crippled our refining capabilities.
The article stated at the time that they were not sure if Crude Oil or Refined oil would be sent.
It now turns out that they will give converted refined product which is gasoline and heating oil.
That makes a big difference Pat. A big difference. It helps us right now. Unfortunately it is only a short term solution and this problem will catch up to us within the next several months. But it NOW takes a huge burden off of our backs and will help us buy some time to get those refineries up and running again. Unfortunately they still do NOT know the extent of the damage. The good news this afternoon along with the european countries giving us the oil
Product that we need is that one of the piplines that thought destroyed in the hurricane began working again at a 32% capacity to pump the oil that had been already refined and converted. It's not much, but it's a positive start.
Don Cardi
