Category: refining capacity

  • High Prices or Words Have Meanings

    <a href="http://hosted.ap.org/dynamic/stories/E/ETHANOL_REFINERIES?SITE=MTBIL&SECTION=BUSINESS&TEMPLATE=DEFAULT" >Oil industry scales back refinery plans</a><br />n<br />n<blockquote>A push from Congress and the White House for huge increases in biofuels, such as ethanol, is prompting the oil industry to scale back its plans for refinery expansions. That could keep gasoline prices high, possibly for years to come.<br />n<br />nWith President Bush calling for…