Originally Posted by Bowser
You have me confused with someone else. That is the first time I've asked that.
Okay, that's certainly possible. I've answered that question multiple times in many threads. I think I answered it in this thread, too.
* EDIT - Post 104
Correct. There two reasons why the oil companies haven't built one: profit and red tape. A new refinery would be a huge capital expense. Sure, they presently have the cash, but realizing a profit from a new refinery would take years. Also, our government has made building (let alone getting one approved) a refinery an extremely painful process. Environmental regulations, politics, etc. Instead, they have chosen to expand existing refineries to meet demand (and import refined gasoline).
Sorry, for some reason I thought you had asked it before.