[Poohbah]

We haven't built a refinery in the US since 1968.

Of course, we can continuously run refineries at their redline production rates forever, without any hiccups, right?

[oceanview]

then there should be supply problems, there aren't any. there was plenty of gas for everyone during the late summer boom, and AAA reports miles driven at all time highs. So where is the shortage due to lack of refined material? this idea that oil companies force a price increase to cut down on demand because they don't have enough product is not true, demand was higher then ever, who wasn't able to get gasoline that wanted it?

[Chemist_Geek]

We haven't built a refinery in the US since 1968.

Not just that, but they've torn down a refinery near me a few years ago. "Those refineries are ugly smelly things. We can't have that in our back yard! And anyway, the Evil Big Oil companies are gouging us for gas."

[meyer]

We haven't built a refinery in the US since 1968.

I occasionally remind my envormentalist brother if this when he verbally assaults my choice of vehicle. This country's energy infrastructure is reaching the breaking point.

[stylin19a]

whoa....i didn't know that, that makes a difference.
I'm not so much ticked that the price goes up/down...it's suppose to. I can't stand it when they give all these reasons.
shoot...even congress want to investigate the price increases... how goofy is that ?