Friday, May 27, 2011

Big oil profits should be data intensive to build refineries

Bruce Karley, Las VegasFriday, may 27, 2011 | at 2: 01

High profits. Tax Relief. Drill everywhere. Increase prices at any time they like.

I venture a guess that there is an oil refinery was built in this country in the past five, 10, 15 or 20 years. They do not have the opportunity to refine enough crude to meet the needs of this country.

Think of the jobs created on the oil industry would build a refinery. Oh, wait a minute. They would need to spend some of that profit. Oh, the horror of it all.

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