Jeffro said:
Not that I'm doubting you- but that statement is all over...
From msnbc-
But the solution — boosting refining capacity to allow a greater margin for error — isn’t easy. There hasn’t been a new refinery built in the U.S. since 1976, the result of extremely tight environmental restrictions, not-in-my-back-yard community opposition, and the high cost of new construction. Used refineries currently sell for about 30 to 50 percent of the cost of building a new one, so it’s cheaper to buy an old refinery and upgrade it. Or squeeze a little more gasoline out of the refineries you already own.
From the Reason foundation (liberal think tank)-
A new oil refinery has not been built in the United States since 1976. During that time, our gasoline use has increased over 25 percent. The nation's 149 existing refineries have been running at maximum capacity trying to meet record demand and, as a result, not only do we import oil, we actually have to import 10 percent of our daily gasoline from refineries overseas.
I won't go into all of them, its easy enough to do a google search yourself, there's scads of them.
Somehow you have information that all of the major news services have missed. A new oil refinery built since 1976. Please name it, and how much does it produce?
NEW REFINERY SINCE 1976: Mont Belview, Texas. Ground broke in April or May 1980 and that Exxon (when we were building it, don't kow whose name is on it now) refinery did not come on line until I believe 1983. I left that September to go to another Brown & Root job in Louisiana. I remember it well because it was the terrible summer of 1980 --- and people were dying all over the US and in droves in Texas because of the extreme heat and drougth. Where was I? In a trench tying rebar and building forms. We hadn't even ramped up to a full "Building" department (carpenters, rod busters, etc.) at that time. The building department is the first department to reach full force on a B&R project. That did not occur until sometime in 1981 - 5 years after the last refinery was built in this country. Did we scede that land to Mexico or something?
Sorry Jeffro, not they did not "MISS" the story --- the answer is that either:
1. THEY ARE TOO LAZY TO DO THE NEEDED RESEARCH!!! (The most likely answer)
2. They are following the party line. (Also very likely - nobody wants to wake up to a horse head in their bed.)
I look at the constant procession of people claiming that one political party is better than another. Both Democrat and Republican claim that they are better than the other. One promises that they support programs in option A, the other claims that this is wrong and claims to support programs in option B. Once they are in power, we always get option F, meaning things continue just as they were in the downward spiral of erroding liberties.
The REAL problem is, no matter which party is voted into power, YOUR rights and MY rights are constantly being taken away --- and not slowly like it was before. It is like a magician who wants you to keep watching his right hand while he is making the trick work with his left.
People look to this party or that party to solve their problems, but since the errosion of rights (not the errosion of "entitlements" however) is going in a straight line and at increasing speed can only mean that it doesn't make a rat's a**'s difference which party is in power. It is only an illusion.
As I said in many posts to another forum back in early 2006: By the November elections the price of gas will be at or below $2.00 - and within a month after the elections, it will once again begin it's upward climb. It did, and it has, and will continue as long as people believe what they are told without taking the time to question anything.
How, with shortages and high costs, could the oil companies be enjoying the biggest profits in decades? If my business experiences a sudden increase in revenue, I purchase items which will grow my business (webdesign). If I were a refinery owner, I would be investing that money back into infrastructure to secure my ability to produce revenue in the future --- especially if I really did have a lack of capacity today. Do you think I am smarter than these people? I don't think so either.
What I am is someone who is willing to watch the other hand. No, I don't think Bigfoot is real, I don't believe in UFO's, and I am not a conspiracy theorist (although I have watched Alex Jones' "Loose Change 911").
I believe the public will always get what they deserve, and if they are lazy enough to listen to the oil companies (and the media who get their information from the oil companies instead of investigating --- which would mean WORK), then they / we deserve to get screwed at the pump.
I just ain't happy about it, and I won't keep my mouth shut.