[tobyhill]

The cost isn't justified if compared to the amount of growth. Cost has increased over 120% in less than 5 years but the consumption worldwide is slightly over 20% in 5 years. Now since Oil Giants have been nominated as the corporate citizens of the year, how can any company make record profits if they don't have the product to sell? Now just for making a remark about REAL capacity, when a company declares shut down for maintenance it does not count for or against capacity in their weekly inventory report so a company can legally make a claim that they are running 96% capacity with 4% in shut down but in reality they are truly running at 92%. Straight from the top analyst mouth at the EIA.

[thackney]

The cost isn't justified if compared to the amount of growth. Cost has increased over 120% in less than 5 years but the consumption worldwide is slightly over 20% in 5 years.

Cost vs. consumption is not a 1:1 ration, never has been.

Now since Oil Giants have been nominated as the corporate citizens of the year, how can any company make record profits if they don't have the product to sell?

???? I do not understand. Except for the supply interruptions due to the recent hurricane, when has the product not been available for purchase?

Now just for making a remark about REAL capacity, when a company declares shut down for maintenance it does not count for or against capacity in their weekly inventory report so a company can legally make a claim that they are running 96% capacity with 4% in shut down but in reality they are truly running at 92%. Straight from the top analyst mouth at the EIA.

But I was describing actual throughput. There has been a fairly steady increase in barrels of oil refined for the past decade. Not enough increase, but a steady increase.