Wednesday, September 28, 2005

 

The TRUTH About Why There are Too Few Refineries, Stop blameing the Environmentalists alreaddy!

Oil refineries are not fewer due to environmentalists, it's the oil companies. This document proves it. I am tired to death of hearing them blame the environmentalists, the environmentalists don't have that much power.

While environmentalists did affect production, there have been mergers and mega-mergers in the oil industry, that is far more crucial to the whole process.

This chapter in particular is worth a read.

Recent Structural Changes in U.S. Refining: Joint Ventures, Mergers, and Mega-Mergers

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