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Re: It's what self interest does to a Prime Minister with low intelligence.

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On 2026-03-16, Crash <nogood@dontbother.invalid> wrote:
> On Mon, 16 Mar 2026 00:27:28 -0000 (UTC), Tony
><lizandtony@orcon.net.nz> wrote:
>
>>https://waikanaewatch.org/2026/03/16/we-need-the-marsden-point-refinery-now/
>>An incompetent and selfish decision.
>
> Except for a major lie in that article.  The Marsden Pt refinery was
> not closed by any Government - it was closed by the owners.  The case
> for refining crude oil onshore was never strong, made weaker when
> Asian economies could get refined product cheaper to distribution
> points around NZ than the refinery could.
>
> There are few sources of the crude oil that the refinery could handle.
> There are many more sources of refined product that we get today. When
> the refinery was built, all suppliers of petrol/diesel etc in NZ were
> required to use Marsden Pt output (importation was not permitted).
> There was never any justification for building the refinery other than
> creating local jobs at the expense of sourcing cheaper petrol in a
> free market.

The refinery was built (1962 - 1964) in the days before Rogernomics
>
> The reality is that Gull in particular demonstrated that they could
> supply the NZ market cheaper then the companies that owned Marsden Pt.
> When the refinery was closed, its owners joined the same business
> model as Gull (and NPD, originally also Challenge).  Our supply lines
> are more diverse for refined versus crude.  The refineries used now
> will almost certainly have access to stockpiled crude oil so that the
> refinery can survive crude oil supply crunches.
>
> Yes the Labour Governments of 2017-2023 made pointless decisions that
> restricted local exploration but the presence or absence of a refinery
> in NZ is not relevant.
>
We need to remember that the worold was a different place when the refinery
was built.

NZ having a refinery does not help a great deal as A) You need to import the
crude and it needs to be the right crude.

Oil is shipped all over the planet, some ot it will need to go on a slight
detour.

Remember the oil shocks of the early 70's. NZ did not run out of oil even
with OPEC in control of the oil.

https://www.rnz.co.nz/news/national/589684/average-91-petrol-price-surges-past-3-as-willis-slams-ev-subsidies
"I simply don't accept the idea that giving subsidies to millionaires in
Remuera would help those afflicted by high petrol prices," Willis said.

Bulleye.

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It's what self interest does to a Prime Minister with low intelligence. Tony <lizandtony@orcon.net.nz> - 2026-03-16 00:27 +0000
  Re: It's what self interest does to a Prime Minister with low intelligence. Crash <nogood@dontbother.invalid> - 2026-03-16 17:17 +1300
    Re: It's what self interest does to a Prime Minister with low intelligence. Gordon <Gordon@leaf.net.nz> - 2026-03-16 07:25 +0000
    Re: It's what self interest does to a Prime Minister with low intelligence. Mutley <mutley2000@hotmail.com> - 2026-03-17 08:48 +1300
      Re: It's what self interest does to a Prime Minister with low intelligence. Crash <nogood@dontbother.invalid> - 2026-03-17 09:24 +1300
        Re: It's what self interest does to a Prime Minister with low intelligence. wn@nosuch.com (Willy Nilly) - 2026-03-17 00:39 +0000
          Re: It's what self interest does to a Prime Minister with low intelligence. Crash <nogood@dontbother.invalid> - 2026-03-17 14:36 +1300

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