Which begs the question, why haven't there been any new refineries built, unless of course they purposefully want to keep the gas prices inflated. If it is a matter of supply and demand, then they need to upgrade their facilities in order to meet demand.
Well, apparently demand in the USA has dropped considerably - it's the rest of the world that is the problem is the story now. That and the dollar value they say. There is no reason they couldn't have opened/expanded or built new refineries over the years - they haven't wanted to it's a simple as that. When you have a government that hands over a billion bucks without a contract that says 'build a refinery or we take back the billion'.....well - the CEO cashes the check and walks out the door spitting on the tax payer who just paid him. It's a sick joke. Four years ago I recall filling up a van with gas that was just starting to go toward $2.00 a gallon. Sold the van and bought a Hyundai..now it's almost doubled in those 4 years. In 4 short years!!!! Sick. sammieswife.