To: river rat
This story is about doubling gasoline production, not doubling oil production.
Instead of exporting oil to us, they can export gasoline and make the refining profit as well.
28 posted on
02/15/2006 6:56:19 AM PST by
Dog Gone
To: Dog Gone
You're right..
I need to read more carefully...the word "refining" went right past my old eyes...
Thanks for the correction...
Semper Fi
29 posted on
02/15/2006 7:14:39 AM PST by
river rat
(You may turn the other cheek, but I prefer to look into my enemy's vacant dead eyes.)
To: Dog Gone
This story is about doubling gasoline production, not doubling oil production. Instead of exporting oil to us, they can export gasoline and make the refining profit as well. Bingo.
US refineries are operating at nearly 100%, and any event, such as a major hurricane, will result in gasoline shortages.
Even though I believe Peak Oil is about to hit, it still makes sense to build more refineries to protect against refinery disruptions.
44 posted on
02/15/2006 7:29:47 PM PST by
Mulder
(“The spirit of resistance is so valuable, that I wish it to be always kept alive" Thomas Jefferson)
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