[willyd]

Texas wouldn’t go anywhere... we refine 75% of the world’s oil. We could join OPEC and start charging Kalifornia some really outrageous prices. We would be a member of the G8 on par with France and Japan.

[thackney]

Texas wouldn’t go anywhere... we refine 75% of the world’s oil.

Not even close. In Texas we have 26 refineries capable of processing 4.75 MMBPD. The world uses about 86 MMBPD. We process about 6% of the world and about 24% of the US.

http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/refinery_capacity_data/historical/2008/table1.pdf