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Old May 23rd 04, 06:04 PM
Tom Sixkiller
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"Peter Gottlieb" wrote in message
news

"Tom Sixkiller" wrote in message
...

"Mike Rapoport" wrote in message
nk.net...
When it is profitable enough then more refining capacity will be

built.

Don't think so. Couldn't do it if they if they wanted to. If the regs

were
"relaxed", it would still be prohibitive after the cost of dealing with

the
regs were amortized.


If refining is so incredibly expensive here then why isn't the refining
being done where it is cheaper and the final product shipped here for
consumption?


Probably because it's easdier/safer to transport crude than gasoline.


The logical conclusion is that refining here, with all the regulations, is
still economically favorable as compared to refining elsewhere.


And that's not even the point. (Try staying on the topic...or understanding
it to begin with).