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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: t4texas who wrote (156613)	9/7/2011 8:04:30 PM
From: Bearcatbob	Respond to of 206118

Well t - shutting down refineries? More good jobs down the drain? I would see it as a short sighted reaction to recession or - in the case of Sunoco - I see it as a simple business decision to restructure their business. I would assume refining is not very profitable these days. A chart of VLO however does not look any worse than many others. Is reduced gasoline consumption a function of recession or technology? Ultimately, do we need any more refining capacity than domestic oil production. I wonder where the specialty blends will ever come from? Bob