Quote:
Originally posted by singpilot
I'd rather burn everyone else's oil first. Leave the ANWAR as is.
When theirs is gone, we will have 'cornered' that market.
I wonder what OPEC will have to sell then?
|
I like that thinking
I too, however, am mystified by the sob stories from the oil execs about how the high cost of meeting environmental standards makes new refineries not viable. With their profits can't they just buy a small Central American country & then make up whatever environmental regulations they like?
In the end they are making record profits with the refineries they have (aided by high demand) so have little or no interest in building new refineries.