Tuesday, May 29, 2007

Environmentalists Plus Government Equals Empty Gas Tank

Why Not Build a New Refinery?

Financing, permits, environmental concerns and the securing of oil supplies are all substantial hurdles for any company to construct a new

"Clean" refineries are expensive, and despite recent profits the refinery business has traditionally been low profit margin business. The last refinery was built in 1976 in Garyville, La.