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Politics : Politics for Pros- moderated

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To: KLP who wrote (250250)5/16/2008 5:49:08 PM
From: Snowshoe  Read Replies (1) of 793725
 
>>building more refineries<<

I doubt you'll see much refinery expansion in the US. Oil consumption is growing rapidly in the rest of the world, and ours is likely to fall. The new refineries are being built closer to the new demand, in places like Saudi Arabia, Kuwait, India, China, and Vietnam.

Kuwait to sign final refinery contracts in 2 months
malaysia.news.yahoo.com

Reliance mega-refinery to redraw fuel trade routes
in.news.yahoo.com

Vietnam starts construction on 6 billion dollar oil-refinery
sg.news.yahoo.com

Venezuela and China boost ties with refinery deal
malaysia.news.yahoo.com
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