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Originally Posted by Eric5273
You guys need to watch your C-SPAN....
Last week the heads of all the oil companies testified before the Senate Energy Committee. What was discussed during the hearing is that at no time during the last 5 years have the oil companies used more than 85% of their current refining capacity. When confronted with this, the oil execs basically tap-danced around the questions on this subject.
Until they are using their entire refining capacity, the excuse that there is not enough refining capacity is BS.
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Welcome back
Yeah we should definitely push 40 year old machinery to its 100% capacity point.
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