Edit post

Edit your reply below.

Post Body
Enter your post below.
[quote]QUOTE: Originally posted by oltmannd What nonsense. It's pure economics that drive how many and what type of refineries we have. The consolidation of the oil industry was based in part on getting rid of excess refinery capacity. It pays them ZERO to own more than they need. And, with a product that has a highly inelastic demand curve, occasional, slight shortage situations suits them well. Environmentalists and NIMBYs only have some sway or where refineries are built, not IF they can be built. [/quote]The higher the price of gas gets the more profitable it is to build a new refinery, the higher the demand the more you can make. It is regulations that keep companies from building them; I think someone would have tried to build one to make money in the last 25 years. Nuclear power is very clean, nuclear waste is really a myth we know how to get rid of it; we even have reactors that use the waste from the first reactor. Of course the environmentalist weenies won't let us build any of them either. Imagine being able to run cities for months on a piece of fuel the size of a large marble. No wait that makes too much sense. James[C):-)]
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag