Posted by john in la on February 07, 2008 at 20:47:54 from (67.35.236.62):
I was talking with a lady today that works for Marathon Oil. We were talking about the last refinery built in the states and how the expansion at the Marathon refinery is Garyville La is the first major project of its kind in the states in years.
While I consider her a knowledgeable person and trust what she says I still can not believe what she told me next.
She said they are in the planning stages of building 2 new refineries somewhere in southeast Texas. These are not expansions of existing refineries but totally new sites.
The part that really hit me like a ton of bricks is who is paying for it. Supposedly the government wants some new refineries built to keep up with growing demand but could not find willing companies/money to build them. So the government is putting up the money or at least backing the loans in case we were to find some alterative source of fuel in the future rendering these new refineries useless.
Please tell me she is mistaking and this is not true.
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