Thread: $5 here we come
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Old 05-24-2007, 05:01 AM   #22
UserRemoved1
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You want refineries?

Here ya go...

http://www.nytimes.com/2007/05/24/bu...gewanted=print

And some oil executives are now warning that the current shortages of fuel could become a long-term problem, leading to stubbornly higher prices at the pump.

They point to a surprising culprit: uncertainty created by the government’s push to increase the supply of biofuels like ethanol in coming years.


But oil companies rejected the idea of constructing new refineries in the United States, saying it would be impractical and too expensive.
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