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To: adam_az
'we haven't built a refinery in umpteen years"

That hits the nail on the head. Refining capacity in the U.S. is way down.

Regards,

34 posted on 05/17/2004 3:20:46 AM PDT by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: Jimmy Valentine

That hits the nail on the head. Refining capacity in the U.S. is way down.



If there was an instant doubling of the refining capacity tomorrow would that drop the price of crude per barrell that is charged by the producers such as the Middle East? Or would we just have double the amount of gasoline at the current price levels?


43 posted on 05/17/2004 12:20:53 PM PDT by deport (To a dog all roads lead home.......)
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