[Land-speed] No new Refineries

[Jon Wennerberg]

On Jul 22, 2008, at 1:45 PM, Dave Dahlgren wrote:

I had understood and possibly wrong though that all the refineries in  
the
USA are running in the 95% range of capacity due the loss of capacity  
after
the gulf coast losses from Katrina.
dave


I'll claim the same ignorance as Dave did -- I made my statement  
based on what I read in the Economist and Business week, both of  
which I had (note the past tense) faith in to present accurate  
information.  I will repeat, though, that new or upgraded -- they're  
running just about flat out and don't have much spare capacity left  
over.

Jon , tall guy with moustache
and two 200 MPH Club hats