176 refineries closed since 1981



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Topic: Politics > Politics-Economics
User: ""
Date: 12 Oct 2005 10:26:11 AM
Object: 176 refineries closed since 1981
"Today, 148 U.S. refineries are in business, down from a peak of 324
in 1981. During the last five years, the remaining plants have
expanded their ability to turn oil into petroleum products by nearly
700,000 barrels a day and now often operate near their processing
capacity of about 17 million barrels of crude oil a day. "
http://news.yahoo.com/s/latimests/20051003/ts_latimes/hurricanesaidpushforrefineries
----------------
"Should any political party attempt to abolish
social security, unemployment insurance, and
eliminate labor laws and farm programs, you would
not hear of that party again in our political
history. There is a tiny splinter group, of course,
that believes you can do these things. Among them
are [a] few other Texas oil millionaires, and an
occasional politician or business man from other
areas. Their number is negligible and they are stupid."
- President Dwight D. Eisenhower, 11/8/54
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