Re: OT -oil over-supply

Posted by Matt from CT on March 21, 2005 at 15:03:46 from (66.181.93.142):

In Reply to: Re: OT -oil over-supply posted by Rod (NH) on March 21, 2005 at 14:19:28:

>something that increases complexity, frustrates
>availability and raises costs

While custom blends by area/season is part of the problem...

Let's not forget at the base of this the oil companies are not harmless victims.

*They* merged, and *they* closed many small refineries in the name of efficiencies.

While new refining capacity is important, and that can be partially blamed on environmental concerns in both the lack of new capacity and decisions to close rather than upgrade other refineries, we also have the part of this shortage crisis being business decisions to run their operations too damn lean. Cut fat, cut fat, cut fat...oh wait, I think that was my willy, I may need that again someday!

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