Thread: Price of fuel?
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Floyd L. Davidson
 
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"ed" wrote:
You all know it doesnt matter how many pipelines we have, how many wells we
have, the problem is we dont have the refineries to produce the gas. We can
have a surplus of oil and we will still have this problem. We havent built a
new refinery in over 20 years.


That's a red hering.

We *have* expanded nearly every currently operating refinery,
and we *could* expand them even more. The oil companies don't
want to. In addition, they have been shutting off refineries by
the dozens...

As to the process for building new refineries or new capacity at
old refineries, it isn't all that difficult. For example, the
last new refinery in the US was built by Petro Star in Valdez
Alaska. They brag about how fast that went from a gleam in the
Board's eye to reality... The idea was conceived in 1991, and
the refinery was online in early 1993.

If we don't have enough refinery capacity, it is clearly a
fault of the industry. Now... why would they do that??? :-)

--
Floyd L. Davidson http://www.apaflo.com/floyd_davidson
Ukpeagvik (Barrow, Alaska)