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Old 05-28-2008, 04:01 AM   #11
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Join Date: May 2008
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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 View Post


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.

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.
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