Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Eric in the Ozarks

Thanks. This really isn't the forum for such questions anyway.


31 posted on 04/06/2005 10:45:59 AM PDT by Jack of all Trades
[ Post Reply | Private Reply | To 23 | View Replies ]


To: Jack of all Trades
Another reason new refineries are not being built is the threat that existing refineries bring to the marketplace as they grow larger, even if they're in another state.
When Pennsoil wanted to build a new plant in Arizona, Chevron made it clear that they believed this state was their property, via pipeline from California. In so many words, they promised to sell their Arizona bbls at just below Pennsoils' breakeven cost and this put a huge question mark in the economics of the project.
48 posted on 04/06/2005 12:05:50 PM PDT by Eric in the Ozarks
[ Post Reply | Private Reply | To 31 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson