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Politics : PRESIDENT GEORGE W. BUSH
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To: tejek who wrote (458487)9/14/2003 2:47:20 PM
From: John Carragher  Read Replies (2) of 769670
 
When was the last time a refinery was built in this country?

"Why does that point matter?"
It has been over 25 years since a new major refinery was built in the united states.. It is important as you may remember when South America last year went on major strike , I think it Vz. and the oil industry was shut down.
This caused major supply problems for U.S. guess why... refineries here depend on that crude since we cannot drill off shore for crude and since we cannot build refineries here,we went and built several ,,,, in South America...

Now as to the high prices of natural gas U.S. citizens are paying.. The government has increasingly blocked access to new sources of supply. A moratoria that closed areas off the East and West Coasts and in the Eastern Gulf of Mexico were renewed to 2012, which futher limit access to an estimated 70 trillion cubic feet (tcf) of natural gas resources... While we have domestic resources which are plentiful they are challenging to develop. Currently there is a back log of 2800 applications to drill and litigation is frequently pursued by environmental groups to block development.
So we in our homes are paying through the nose for higher prices as a result of litigation by environmentalists.
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