Forgive my ignorance for this, but why don't we have the refinery capacity locally in Canada? It seems like there are always so many problems pipelining to the US refineries and refineries seem to get hit or knocked out every couple of years when a hurricane hits in the gulf.
Wouldn't it be more prudent to have more refineries located in a wider number of locations in case of natural disasters? Is it because refineries so expensive that it's still cheaper to build a huge pipeline? Or is a problem if distribution and location?
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