Fer Echegaray
Well-Known Member
EPA protections are a bit overbearing, but there's no need for a friggin' overhaul. Pass legislation to allow the oil companies to build at least a dozen new refineries in more than one region of the country.
The energy "crisis" we're in is a simple question of economics - supply and demand. Our refineries are almost at capacity, yet no new ones are built. This puts enormous pressure on the resource, as the various types of fuel and petroleum products that must be made and can't be made simultaneously creates artificial shortages. Oil isn't in short supply - OPEC complained of a surplus in February as prices continued to rise. The problem is our ability to refine fuels of various sorts is limited. This drives up prices. Build more refineries, and suddenly you have plenty of capacity to refine certain products, and added capacity to absorb temporary shortages from storms/fires/strikes, etc., thus preventing the sharp price increases we've seen in the past.
The energy "crisis" we're in is a simple question of economics - supply and demand. Our refineries are almost at capacity, yet no new ones are built. This puts enormous pressure on the resource, as the various types of fuel and petroleum products that must be made and can't be made simultaneously creates artificial shortages. Oil isn't in short supply - OPEC complained of a surplus in February as prices continued to rise. The problem is our ability to refine fuels of various sorts is limited. This drives up prices. Build more refineries, and suddenly you have plenty of capacity to refine certain products, and added capacity to absorb temporary shortages from storms/fires/strikes, etc., thus preventing the sharp price increases we've seen in the past.
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