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Old 05-16-2007, 11:48 AM   #27
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by Thunderball View Post
If I'm Imperial Oil... I don't. Not until we are losing money by not having enough capacity, which isn't really a danger right now.

On the other hand, if I'm the Alberta Government, and want to ease the pressure on the pumps, win some left-leaning votes and make some money on an investment that can eventually be sold for potentially more than it cost to build and operate... I might consider building a refinery or two.
I guess that is what makes the whole thing so frustrating. We run into the same thing every year and there is really only one solution; more refinery capacity...which leads to the last few comments.
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