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NYCAP123 · 05-30-2008, 09:08 AM

Ken, Ken, Ken,
Are those refineries being built or storage facilities. Big diference. With storage facilities they can buy low and sell high. In the US they don't build refineries, because they can always claim they need the profits to put into upgrading their facilities and claim shortages due to a lack of refining capabilities (Pure BS) while they buy up and close down private refineries. As for capitalism. It's a rigged game in this case.
BTW- that's a bee we all better get in our bonnet soon before we find ourselves living in the hive. It's no longer a matter of 'well I can afford it so it's not my problem'. This one could swallow the middle class completely very fast.

05-30-2008, 09:08 AM	#54
NYCAP123 Senior Member Join Date: Mar 2008 Location: Long Island, NY Posts: 976	Ken, Ken, Ken, Are those refineries being built or storage facilities. Big diference. With storage facilities they can buy low and sell high. In the US they don't build refineries, because they can always claim they need the profits to put into upgrading their facilities and claim shortages due to a lack of refining capabilities (Pure BS) while they buy up and close down private refineries. As for capitalism. It's a rigged game in this case. BTW- that's a bee we all better get in our bonnet soon before we find ourselves living in the hive. It's no longer a matter of 'well I can afford it so it's not my problem'. This one could swallow the middle class completely very fast. __________________ "Some went down to the sea in ships."