Quote:
Originally Posted by Flames in 07
There was a new one built this year. And a few in the last 35 years.
Edit: I just googled the new one this year, 10B bought them 600kbpd of capacity.
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That was an expansion of an existing refinery, and $10B probably got them 2-300kbpd more. Plus money goes much further in the gulf coast than it does in Canada, due to labour costs, and labour productivity. Kitimat is a crappy place to build a refinery compared to Texas. The reason we aren't building many upgraders or refineries is the poor return on investment in Canada, and the extreme competition for labour and materials.