VLO: Valero Energy Corp. Message Board

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Gold/Mining/Energy : VLO: Valero Energy Corp.

VLO 177.51

-1.9%

Nov 12 3:59 PM EST

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From: carranza2	6/2/2007 11:09:39 AM
	of 299

With gasoline imports begining to make a difference in US supply, I took a look a global refining capacity. Found this very interesting paper: icfi.com This caught my attention: For the refining capacity to keep pace with this increase and also maintain the 9 percent surplus capacity over demand that occurred in 1990-2000, it would need an additional 13.9 million barrels per day capacity to be built between now and 2010. This would be 50-70 refineries of world scale size.

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