Shell, BP consider selling Australian refineries, petrol stations: AFR

Jan 6, 2014 Full story: The Hartford Courant 13

Royal Dutch Shell and BP are considering the sale of refineries and petrol stations in Australia to free up cash, the Australian Financial Review reported on Tuesday.

Full Story
Felix Steiner

Sydney, Australia

#1 Jan 6, 2014
LOL! everything else is for sale Or packing up and leaving Australia so why not the refineries!

“Fair & Balanced”

Since: Jul 12

wherever there's a mine

#2 Jan 6, 2014
They won't be refining oil here any more but rather importing already refined fuels from Singapore - cheaper wages, cheaper electricity, no CT, lower tax's etc etc. But bowser prices won't drop.

“NO ANZUS”

Since: Nov 10

Southern California

#3 Jan 6, 2014
With Shell and BP gone prices will rise because of decreased competition
Felix Steiner

Sydney, Australia

#4 Jan 6, 2014
further isolating us in the event of a regional conflict! Think how long it would take to get refineries up & running from scratch once they been closed and dismantled for a few years! same as our former heavy industrial capacity ship building etc etc
Myth Buster

Kuching, Malaysia

#5 Jan 6, 2014
chefboy812 wrote:
They won't be refining oil here any more but rather importing already refined fuels from Singapore - cheaper wages, cheaper electricity, no CT, lower tax's etc etc. But bowser prices won't drop.
They are selling their refineries which means that the buyer, who ever they may be, will still be refining oil in Australia. If too many sellers (BP, Shell and Chevron) the price must be quite low and business quite bad.
Good Aussies

Saint Louis, MO

#6 Jan 6, 2014
Time for a White ethnostate in Australia!

Benefits of a White ethnostate in Australia:

1) High wages, no slavery
2) No-one attacking you, calling you racist, for being White
3) Lower crime rates, and where crime happens, apply the full extent of the law without any worries about being called a racist
4) Community spirit can again flourish
5) We can regain our manufacturing and not rely on Chinese slaves

All this while protecting our children from cultural marxist professors who openly call for our genocide and are implementing the policies designed to make it happen right now.

The emotional benefits are endless as well.
Meow

Ferntree Gully, Australia

#7 Jan 6, 2014
Hey! I just found out how you can make OVER $200/a day!! Just click on the link below to find out more :)
http://bit.ly/1cvHjdm
Felix Steiner

Sydney, Australia

#8 Jan 6, 2014
Good Aussies wrote:
Time for a White ethnostate in Australia!
Benefits of a White ethnostate in Australia:
1) High wages, no slavery
2) No-one attacking you, calling you racist, for being White
3) Lower crime rates, and where crime happens, apply the full extent of the law without any worries about being called a racist
4) Community spirit can again flourish
5) We can regain our manufacturing and not rely on Chinese slaves
All this while protecting our children from cultural marxist professors who openly call for our genocide and are implementing the policies designed to make it happen right now.
The emotional benefits are endless as well.
agree 100% only thing is this ethnostate needs to be completely surrounded by water! lest we be fighting the filth for generations to come.....
Myth Buster

Kuching, Malaysia

#10 Jan 6, 2014
Good Aussies wrote:
Time for a White ethnostate in Australia!
Benefits of a White ethnostate in Australia:
1) High wages, no slavery
2) No-one attacking you, calling you racist, for being White
3) Lower crime rates, and where crime happens, apply the full extent of the law without any worries about being called a racist
4) Community spirit can again flourish
5) We can regain our manufacturing and not rely on Chinese slaves
All this while protecting our children from cultural marxist professors who openly call for our genocide and are implementing the policies designed to make it happen right now.
The emotional benefits are endless as well.
Judging by the fact that all 3 major refiners in Australia, BP, Shell and Chevron are selling their refineries, where is your bargaining power?

“Fair & Balanced”

Since: Jul 12

wherever there's a mine

#11 Jan 6, 2014
Good Aussies wrote:
Time for a White ethnostate in Australia!
Benefits of a White ethnostate in Australia:
1) High wages, no slavery
2) No-one attacking you, calling you racist, for being White
3) Lower crime rates, and where crime happens, apply the full extent of the law without any worries about being called a racist
4) Community spirit can again flourish
5) We can regain our manufacturing and not rely on Chinese slaves
All this while protecting our children from cultural marxist professors who openly call for our genocide and are implementing the policies designed to make it happen right now.
The emotional benefits are endless as well.
Some d1ck makes up a word to add validity to his rants & you buy it. You really are a dumb@rse Iranian.

It's also ironical that you want to set up a new jewland. Yes Israel is the only ethnostate.

“Fair & Balanced”

Since: Jul 12

wherever there's a mine

#12 Jan 6, 2014
Myth Buster wrote:
<quoted text>
They are selling their refineries which means that the buyer, who ever they may be, will still be refining oil in Australia. If too many sellers (BP, Shell and Chevron) the price must be quite low and business quite bad.
What do we have 6 or 7 refineries in Australia? NSW Botany Bay is marked for closure soon. South Australia's is now closed & being demolished. So soon only 4 or 5 operational refineries. I think what is being sold is the hundreds of acres of prime real estate. What's 300 + acres on Botany Bay worth?
Foo

Brisbane, Australia

#14 Jan 6, 2014
Myth Buster wrote:
<quoted text>
where is your bargaining power?
You don't know ?......(lol).....the fact that Australia can produce far more oil than it could possibly use.... I would call that a reasonable fact that negates any need to even bother with bargaining.......Australia should never have signed up to the world parity oil pricing con.....(thank Fraser's Liberals).......Once again , the "global oil and petrochemical corporations" are the culprits of manipulation , totally motivated by pure greed..........they take.......we pay.
Myth Buster

Kuching, Malaysia

#15 Jan 7, 2014
Foo wrote:
<quoted text> You don't know ?......(lol).....the fact that Australia can produce far more oil than it could possibly use.... I would call that a reasonable fact that negates any need to even bother with bargaining.......Australia should never have signed up to the world parity oil pricing con.....(thank Fraser's Liberals).......Once again , the "global oil and petrochemical corporations" are the culprits of manipulation , totally motivated by pure greed..........they take.......we pay.
Australia's competitive edge is in crude oil production not refining it.

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