Quote:
Originally Posted by joyridin'
That cannot be true. Read the post right above you. The claim is that no new refineries are allowed to be built. That is the claim all the right-wingers have been whining about for years. Having excess capacity should have reduced the price of gas...unless certain corporations are rigging the system to keep prices high at certain times.
There were congressional hearings on this topic in 1995. Numerous oil executives stated that they do not want to build refineries. EPA regulations were irrelevant. They can keep prices high with limited capacity. |
It was just on the news and the discussion was that there need to be more refineries in Cali in that none have been built for years, and the refinement has not kept up with the growth of the state or demand.