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To: rellimpank
Re lack of refinery capacity. I know that it is difficult to build a new refinery, but the idea of a lack of refinery capacity might be a myth.

The US now exports refined products. Doesn't sound like a refinery capacity shortage to me.

Another way to lower gasoline prices immediately is to end the mandate of "boutique blend" gasoline. End ethanol subsidies and import duties while you are at it. That would cut food prices.

Wow, we just reduced food and energy prices, take that Buckhead.

13 posted on 12/12/2011 6:05:19 AM PST by Former Proud Canadian (Obamanomics-We don't need your stinking tar sands oil, or the jobs that go with it.)
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To: Former Proud Canadian
--may not be a shortage but no new refineries have been built in thirty-odd years.

--I suppose the existing ones have been somewhat upgraded but would suppose new refineries with state -of-the art equipment and controls would be a plus---

14 posted on 12/12/2011 6:12:27 AM PST by rellimpank (--don't believe anything the media or government says about firearms or explosives--)
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