"Bill Kearney" wrote in message
t...
If the refinery is not profitable and there is no land to expand and
upgrade
the refinery, are you going to require a business to keep it open?

Depends on how you let them define the concept of 'profitable'. If it
means, as they've cleared schemed, that they have to deliberately reduce
the
amount of production in order to gouge the consumers then it's certainly
questionable behavior.


http://www.fool.com/news/commentary/...ry06050910.htm

Maybe this will explain some of the economics of oil to you.