This is pathetic. Supposedly business-savvy congressmen think Oil companies want to spend billions of dollars to lower their profit margin.
It might be worthwhile to site a new refinery near existing crude and finished product pipelines. Supplying an oil refinery by truck doesn’t work very well.
They are going the right way - the use of closed military bases may not make sense, but the premise that Congress is voting on ridiculous legislation should be highlighted and screamed on the highest mountain. They should be revoking legislation already passed that has crippled and hampered our energy independence.
I thought I'd cease to be a captive primate when I left the Army just to learn my real captor is Congress.
HR 2279 proposes refineries on closed military bases for supplying the military. See post #3 on this thread as a possible solution for supplying refined products for civilian consumption:
http://www.freerepublic.com/focus/f-news/2035624/posts
148 million x 55 gallons = ~ 8.14 billion gallons
That's about 2 years gasoline usage for 2 medium-large states.
If the intent is to expand fuel production with new plants, build coal to liquid. Oil refineries are not a sensible investment at this point.