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![]() "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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