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Monday, June 18, 2007

Refineries To Cut Expansion

Are you kidding me??? In a time when the United States needs, desparately, to get more fuels available to the public at an affordable price, refineries are seeking ways to cut back on expansions and it's all due to the congress and the White House or so they say. What a surprise.

Doing something like that is going to keep gasoline prices through the roof for a long time. Also, what a surprise. The money hungry oil companies do not want to bow down to what they KNOW they should do, build new refineries which would give some relief to the increasingly higher prices for gasoline.

The White House and congress are pushing for ethanol production which would help with prices but, as I posted the other day, it would not help in the least if you can't find a station to fill up. So, it's up to the oil companies all the way around. Somehow, I get the feeling that isn't going to happen.

This is yet another SHAME OF AMERICA. Oil companies, when the consumer has had all they can take, you won't like the outcome.