[biblewonk]

I think you've bought into a lot of old complaints. I don't believe that there are any strong desires by refiners to build more refineries. That would just be the SUV drivers that want cheaper gas who believe that there is a big shortage of refineries.

[Petronski]

There IS a shortage of refinery capacity. And you're wrong about the refiners too. Every refiner wants more refinery capacity for itself, but they all oppose additional refineries for any of their competitors. It's a microeconomic phenomenon.