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Thread ID: 117101	2011-04-02 06:29:00	Oil.	Snorkbox (15764)	PC World Chat

Post ID	Timestamp	Content	User
1191396	2011-04-02 08:03:00	I think you will find our refineries are of a pretty poor standard and that oil harvested locally is shipped elsewhere to be refined while we buy oil from international markets that can be handled by our refineries. Makes perfect sense..,....:eek: That is not really true. We have only one refinery, it designed to refine low grade Middle East Crude usually with a high sulphur content like Saudi oil. Our higher quality oil and condensate which is drawn off with the gas is sold at higher prices than we pay for imported oil. Extract from article referenced below: "The Marsden Point refinery produces a full range of petroleum products, including petrol, diesel, jet fuel and fuel oil. It is designed to make environmentally sound low-sulfur fuels. The sulfur extracted from the crude oil during refining is used locally to make fertiliser." www.teara.govt.nz Back in the olden days when we used to make things, there was a firm down in Invercargill that used to make drill pipe with API threads. I expect if the oil drilling does take off and wells are established it could bring some manufacturing back, but more like it would come from China :annoyed:	Terry Porritt (14)
1191397	2011-04-02 08:07:00	It's not off topic as such in my opinion. Mining rights have royalty rights and these are Govt. controlled and therefore the Govt. can change same overnight under urgency at times. We have a refinery already and I have no idea where the oil will be refined. Much like the fleece of sheep I guess. We export the wool and I guess we will export the oil. This will affect the balance of payments if we export more than we import I suspect. Stop buying imports. I am not a big fan of paying extortionary rates for our own oil [fuel rather] while someone else makes huge profits, perhaps similar to the Fonterra's milk. And in the end someone tells us "well tough, we live in a global economy, get with the program".	Cato (6936)
1191398	2011-04-02 08:12:00	Off topic, but will all the oil extracted stay in NZ? Will it be refined here or shipped off elsewhere? And how will the prices for us drop? Because we have the MMP system that isn't true, hell it even said so on the election leaflet "your single vote does not count". It counts even less, because all politicians are liars. :) One. Not all Politicians are liars and can you prove same? Two. The MMP system allows all voters two votes does it not? Three. If you don't vote then you can't change the system.	Snorkbox (15764)
1191399	2011-04-02 08:28:00	That is not really true. uh.....your post reads like what I posted is completely true.:waughh:	Metla (12)
1191400	2011-04-02 08:29:00	If you don't vote then you can't change the system. Voting is merely supporting the system, not a tool for change. Dynamite on the other hand is a game changer.	Metla (12)
1191401	2011-04-02 08:38:00	uh.....your post reads like what I posted is completely true.:waughh: Not really, you need to justify where your "pretty poor standard" comes from, and of course it makes sense to sell relatively small quantities of high grade light oil at higher prices than we pay for the imported crude for which Marsden Point was designed to refine.	Terry Porritt (14)
1191402	2011-04-02 08:49:00	so if we substitute "pretty poor standard" for "limited capabilities".......	Metla (12)
1191403	2011-04-02 08:55:00	Back to the real question. Do we want to drill for Oil off the coast or not? And if the Maorii own the seabed do they own what's under the seabed as I'm reasonably sure the oil and/or gas are not on top of the seabed or no holes need to be drilled.	Snorkbox (15764)
1191404	2011-04-02 09:02:00	One . Not all Politicians are liars and can you prove same? Name a politician, and I'll find you lie or three, and a half dozen broken promises to boot . Two . The MMP system allows all voters two votes does it not? That's not what I meant . I was recalling to the election leaflet that said that an individual vote does not make a difference to the outcome of the elections . You can see an example if you look at the results of our last election, ACT scoring 3 . 65% of the votes, with 4 people off the list, yet NZF who had 10,000 more votes (4 . 07) have no representation . Is this the value of one's vote? Three . If you don't vote then you can't change the system . Remember that referendum about the child smacking law? A lot of us voted for that, that's was democracy in action right there and then, but they shot down the will of the people didn't they?	Cato (6936)
1191405	2011-04-02 09:04:00	Back to the real question. Do we want to drill for Oil off the coast or not? Yes, so long as we don't end up exporting to refine and re-import for use.	Cato (6936)
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