Originally Posted by mlyonsd
I'd like to know the answer to Cochise's original question because I'd like to know if there's regulations prohibiting refinery construction.
IMO however I don't see building refineries as being a high priority item for the oil companies....I mean they're making money hand over fist right now aren't they? Why would they spend money to reduce their profit?
Building infrastructure (in this case refineries) is expensive, take a long and are not immediately profitable. However, they do know that in the long term, they are.
But, anyone that thinks that oil companoies no loger build refineries in this country simply becasue they are not immediately profitable is nuts. You would not believe the red tape they would have to clear before even ground breaking began.