Not to mention that we do not have a gasoline shortage, refinery capacity is adequate for demand, that is not what is driving up gas prices.
Quote:
Originally Posted by dosco
Interesting to hear this as the reports I've heard indicate that there is in fact a refinery capacity issue. Please explain in more detail.
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Gas/Oil consumption is down 1.1% over last year. The actual gas price is being driven by the price of oil right now. Granted if oil was lower, then the refiners would be hard pressed.
http://greenhome.huddler.com/forum/t...-wsj?replies=1
The above link points to a WSJ article back in March.