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Old 09-02-2005, 02:18 PM   #18
djnemo65
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Join Date: May 2004
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Re: Gas prices expected to soar past $3/gallon

Quote:
Originally Posted by That Guy
thats why nuke plants would help, but the greens dont like them either... talk about a catch 22... either way, oil isn't the problem, we still got plenty of oil, its refined fuels.

The oil rigs can be back up and pumping in weeks, the refineries can't be functional in nearly the sasme timeframe. Maybe the oil companies don't like it, but i'm sure there's plenty of people (energy companies etc) with enough money that would be willing to invest in building more refinery capacity if the government cleared the red tape for them. The profit margin is pretty good...
See, the profit margin isn't good at all, because greater refinement capacity lowers the market price of oil. So logically companies don't want to invest millions in unpopular facilities that DEVALUE THEIR PRODUCT! Makes sense.
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