"Mike Rapoport" wrote in message
ink.net...
High real estate prices on the west coast have halted refinery
construction
there as much as anything else. All factors are in play of
course...permitting requirements, local opposition, tax climate, the price
of steel, the non-desirablility of living next door to a refinery. When
all
these variables are considered, there is a price level where a new
refinery
will be built. When we get there, the refinery will be built.


Nice...you just contradicted what you said in your post to me.