6/04/2004

Oil and gasoline prices Here are a few facts on gasoline and the mis-interpreted expansion in refinery "capacity". Maximum refinery capacity is 90 per cent because they always shut down for maintenance and for the required resetting for the environmentally required mixes for every area. We are getting as much gasoline from our refineries as is possible; OPEC production could increase 100 percent and we'd still only produce the gasoline we do now.

We currently import 35% of our gasoline from Europe, because WE CANNOT refine enough. Why does Europe have more refining capacity than we do? Our jerk environmentalists and nuclear power.

Steven den Beste has a post about the fallacy of "new" fuel sources. Long but thorough, as usual. Note: den Beste link is now correct

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