[Gondring]

When was the last time a refinery of any significance was constructed in the US?

Quite a while, since the capacity has been increasing since 1996 and their % utilization has been falling since 1998, and refineries are closing not opening.

Why do you ask?

[gov_bean_ counter]

Drill till you’re blue in the face, but if you can’t process it, what’s the point?