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re: ‘Drill, Baby, Drill!' Will Secure American Prosperity For The Twenty First Century
Posted on 3/12/24 at 8:22 am to ragincajun03
Posted on 3/12/24 at 8:22 am to ragincajun03
quote:
Problem is I don’t believe large scale refining investment has happened under the past several administrations. It absolutely needs to, though.
In refining it sure had, several multibillion dollar expansions occurred since 2010, as in over $10 billion each. Reportedly, over $20 billion at Motiva in Port Arthur alone
1
Posted on 3/12/24 at 8:26 am to CitizenK
That was basically a fully new 325,000 BPD integrated stand alone next to an existing refinery with 347 Stainless steel designed specifically for Canadian heavy crude and to be completed at the same time the original completion of Keystone XL which was to terminate at the hub where local refineries receive their crude oil through.
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