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Non-Tech : $2 or higher gas - Can ethanol make a comeback?
DAR 32.24-1.1%Nov 5 3:59 PM EST
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To: Rolla Coasta who wrote (1650)9/12/2006 1:29:50 PM
From: richardred  Read Replies (2) of 2801
 
IMO the US has compensated by expanding existing facilities. Do to process improvements and efficiency gains picking up slack. I believe now any lack of refining capacity will take place outside the US . Witch I believe,like you said, is lacking. Surely the US still has to be one of the biggest markets for refined products. So IMO any outside expansions would have to target the biggest markets for export.
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