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Don White
 
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Harry Krause wrote:
Doug Kanter wrote:

"thunder" wrote in message
...

On Thu, 01 Sep 2005 15:07:11 +0000, Doug Kanter wrote:


Why have these extremists prevented the building of new refineries?
I need
details.

LOL, Rush must be talking up those evil environmentalists, again. It
isn't environmentalists that are the problem, it's profitability. Oil
companies haven't been building refineries, they have been closing them,
24 between 1995 and 2001.

http://www.eia.doe.gov/pub/oil_gas/p...ining_text.htm


http://72.14.207.104/search?q=cache:...2+oil+& hl=en




OK...time out. That second source says the oil companies are looking
for government incentives to build more refineries which, according to
their internal documents, they do not need.

Wow. I'm really confused now. They'll get paid to open new facilities,
and then probably close them again.



Why can't they pay for the refineries out of their record profits?

Perhaps it is time to nationalize the oil industry.



We did that to one oil company back in the 70's. We all paid an extra
10 cents a liter to buy out Fina and establish Petro Canada. Then a
conservative a**hole gov't under Brian Mulroney comes to power and
sells shared of the company back to investors. The whole idea was to
have one nationalized company to keep the others in line.
http://www.petro-canada.ca/eng/media/10303.htm