Re: High cost of fuel...Reason?

Posted by John A on June 08, 2004 at 05:33:33 from (63.156.140.30):

In Reply to: High cost of fuel...Reason? posted by Dan in Wisconsin on June 07, 2004 at 07:24:53:

Guys, The basic reason for the shortage is the US doesn't have the Refineries to handle the demand. There hasn't been a Refineriey built in over 30 yrs. So hence the ones here must run at max production. The oil is here or anywhere else we get it.
Awhile back I think it was one of the Princes of Saudia was quoted that their country alone could supply the US at our current rate of useage of the next 300 yrs, So it isn't production, it's refineies that are the problem. Do your Homework!
My $.02
Later,
John A.

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