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Old 02-22-2012, 08:31 PM
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Quote:
Originally Posted by 4RE KLR View Post
Diesel is $4.09 a gallon.

THIS MORNING it was $3.89 at the same store.

YESTERDAY it was $3.69 at the same store.

I do agree that some of the problem is we do not have enough refineries in the US but this is retail rip off any way you look at it. The store is jacking the prices twice a day.
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Do you guys know what it takes to permit a refinery today? the regulations, requirements and cost make it untenable, and it is completely due to the regulatory requirements. If the US gov't would let up on the environmental requirements we'd have cheaper gas in 12-18 months. We import oil but we refine much of it here. The oil supply is not the bottle neck, the availability of refineries is a true challenge not to mention the global demand.
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