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Dont buy gas on May 15th
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<blockquote data-quote="Pip" data-source="post: 197624" data-attributes="member: 6039"><p>Want to lower the price of gas? Build more refineries. That is whats driving up the price of gas. There hasn't been a new refinery built in probably 25 yrs. There is plenty of oil, but not enough refinery's to process it.</p><p> </p><p>Recently, look what happened when Katrina slammed the gulf coast damaging the refineries down there. Prices skyrocketed. This year there were what, 2 fires at refinery's, 1 in Oklahoma, and 1 California, i think. Prices have steadily been going up since.</p><p> </p><p>There is no incentive for the big oil companies to build more refinery's because they can control the price better. just look at Exxon's profits the last couple years.</p></blockquote><p></p>
[QUOTE="Pip, post: 197624, member: 6039"] Want to lower the price of gas? Build more refineries. That is whats driving up the price of gas. There hasn't been a new refinery built in probably 25 yrs. There is plenty of oil, but not enough refinery's to process it. Recently, look what happened when Katrina slammed the gulf coast damaging the refineries down there. Prices skyrocketed. This year there were what, 2 fires at refinery's, 1 in Oklahoma, and 1 California, i think. Prices have steadily been going up since. There is no incentive for the big oil companies to build more refinery's because they can control the price better. just look at Exxon's profits the last couple years. [/QUOTE]
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Dont buy gas on May 15th
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