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TaxSrv wrote:
Refineries are like anything else, there are too many of them so nobody builds any more. I'm not an expert on this industry either, but do you have a source for the above? Is the industry lying when they say that at peak demand, refineries are generally at capacity? From what I've read, we are at a period of running at capacity. Which means that we are getting close to a period in which (as Mike put it) "the market grows and there is a shortage." Which will be followed by a period in which (as Mike put it) "Then everybody builds more and there is a glut again." George Patterson Give a person a fish and you feed him for a day; teach a person to use the Internet and he won't bother you for weeks. |
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![]() "George Patterson" wrote in message news:LQaPe.3479$SW1.2859@trndny09... TaxSrv wrote: Refineries are like anything else, there are too many of them so nobody builds any more. I'm not an expert on this industry either, but do you have a source for the above? Is the industry lying when they say that at peak demand, refineries are generally at capacity? From what I've read, we are at a period of running at capacity. Which means that we are getting close to a period in which (as Mike put it) "the market grows and there is a shortage." Which will be followed by a period in which (as Mike put it) "Then everybody builds more and there is a glut again." Except they haven't built a new one in about 30 years, and they've closed (how many) in those 30 some odd years. |
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