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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Triffin who wrote (71625)	6/11/2008 4:17:33 PM
From: Alastair McIntosh	Respond to of 541774

Demand increased a bit more than refinery capacity. The extra was more than offset by imports as capacity utilization fell. With falling capacity utilization there is not much incentive to construct more capacity. EDIT: Sorry, meant to post that to Kate.

To: Triffin who wrote (71625)	6/11/2008 4:33:25 PM
From: Katelew	Respond to of 541774

Ahhhh.....thank you. I had a feeling gasoline consumption had risen at a higher annual rate in this country than the increased refinery capacity implied. Your explanation also makes the need for increased US refinery capacity less imperative....assuming no extreme cost advantage to refining imported oil ourselves. Thanks...