Read some of UNTFlyer's earlier threads; he really has a handle on what is going on. Our company has been selling to Refinery/Petrochemical businesses for 75 years. I don't have any answers, but I can add to what has already been said. Currently, in our immediate area of Beaumont/Port Arthur (anyone remember Spindletop?) there is approximately $7 billion in new refinery construction going on at the Shell/Motiva facility. This was formerly the Texaco Refinery in Port Arthur, now a joint ownership between Shell Oil and the Saudis. Plans have been announced to increase capacity at Total (formerly Fina), and at Valero Refinery (formerly Gulf Oil). Projected spend in new construction: $10+ billion. Word on the street is that the Shell/Motiva Refinery in Convent, La will be building new refinery capacity to the tune of another $7 billion. And I doubt Exxon/Mobil will sit and watch their competition expand. A couple of comments- • China, India, and Russia are responsible for much of the increased oil demand worldwide. Buy any concrete lately? Did you know that China uses what, 20 or is it 40% of the worlds cement supply? These three countries need oil to fuel their economy. You know, that Chinese economy that makes just about everything we use nowadays. • I believe the hedge funds are sponsible for much of the increase too; factor in greed; factor in the politicians, lobbyists, and special interest groups • Labor to build and run these refineries has increased dramatically over the years. I won't say why, but use your imagination. Lamar has a two year program that trains operators, kids right out of high school (the guys that sit, watch monitors and open/close controls valves); last I heard, they start at $60,000 to $70,000 a year. I know engineers that retired with 35 years at a plant and walk away with $3-$6 million or more. • Contrary to what JohnDenver says, these refineries do shut down for maintenance. Otherwise, you end up like BP Oil in Texas City. But, many of these refinery units have been running on bandaids for several years, with maintenance being pushed back for whatever reason. • Refineries do shut down to switch to summer blends. This causes a disruption in the gas supply. These are my opinions- • I'm all for a clean environment, but not to the point where we are making the U.S. a slave to these little "piss ass" countries run by terorists and dictators. Don't you just love Hugo Chaves. This country runs on oil. Not fruit juice and corn squeezings. Sure, find alternative fuels; but don't try and replace oil with this stuff. This country needs to drill for it's own oil in the Gulf, in Alaska, or wherever we have large oil deposits. And believe me, this country has large, untapped oil deposits. Did you know China wants to start drill for oil off of the Cuban coast? How does that make you feel? It should make all of us feel like fools! • If you don't think we should drill for our own oil and become less dependent on foreign "blood" oil, then quit bitching about the price of gas!