[Racer1]

More than likely it means that yes its tough to run a refinery these days, but also the current methodology of corporate thinking these days it to run the crap out of company assets called lean manufacturing(meaning run the place on a shoe string and not properly fix anything). Then sell them while the demand for there products are up when they know that they have raped about all they can get from them.

[richardtavor]

Not hardly Racer1, you would be amazed at how little the margin is between what refinerys charge and what they have to pay for the product. (Far less than almost any other industry.) The ones that really come out ahead are the trading companies that drive up the price artificially drive up prices—they contribute nothing to finding oil and gas and contribute nothing to the downstream business. If you don’t like this, you really won’t like gore’s carbon credit fraud scam....it will make Oil Traders look like saints.