"Jay Honeck" wrote in message
news:Bpv3f.435576$_o.30020@attbi_s71...
When you take all the facts together, it seems that refining capacity
over the past 25yrs has been driven by economics not regulation. The
"lack of refining capacity" hysteria is simply the latest thing for
pundits to talk about. The conservatives want to blame the
enviornmentalists and the liberals want to blame the greedy oil
companies. Hopefully the rules will remain unchanged and economics will
continue to drive decision making. Refiners are flush with cash and don't
need taxpayer handouts either directly or indirectly through relaxed
regulation.
I never thought I'd live long enough to hear a free-marketer like Mike
refer to "relaxed regulations" as a "taxpayer handout."
What a bizarre world this has become.
He didn't read the article (he's misquoted it about five times, confuses
capacity with output...), then he goes off of numerous tangents and into
various non-sequiturs. He's playing "Pay no attention to that man behind the
curtain".
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