Icon Re: Suing OPEC ?
R
rosskolnikov (view)

Agreed, but we really don't need a new refinery.  Motiva has a huge expansion in process at its Beaumont/Port Arthur location that will help quite a bit.  Also, while global gasoline consumption is going up, I would forecast that US consumption will start to fall soon.  Increased auto efficiency, high gas prices, and aging of the baby boomer generation ought to drive this. 

 

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.:RS:.
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