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[quote user="vsmith"] <p>The ANWR aurgument is a red herring, even if it was opened to drilling today it would be up to  10 years before any meaningful production could begin, and then, where are they going to refine it? Crude avalability is high worldwide, its refining capacity thats been the bottleneck binding supply, particularly here in the US. High demand for refined products worldwide, coupled with nervous speculators driving price per barrel up. Bush said recently that new refineries are required, with record windfall profits wheres the incentive for oil companies to sink millions into strangling the golden goose of profit? If Bush truely thinks new refineries are needed the only likely way he's likely to get one will be for the Guv'ment itself to build it bypassing the oil companies. [/quote]</p><p>You suggest the government should bypass the oil companies and build the refineries that are needed.  Do you believe the oil companies are not building new refineries because they don't want to?  They want to drill in ANWR.  So I would think that if they needed new refineries for ANWR oil, they would want to build them.  Why would they want to drill for oil if they can't refine it?</p>
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