Tell us something we don't know, Sigfried.
We haven't been able to trust the Germans since they bombed Pearl Harbor.
|
Everyone knew this was true so nobody needed to bother checking. Especially when it's some European saying something bad about the US-- then it's got to be true.
But seriously, even though refinery capacity has been increasing all along, and the German is lying again, I personally think that rising prices mean that there's room for even more more capacity. If anyone here sincerely agrees, an online brokerage account can be opened for just $50 per week. I've been happy building refineries with TSO, VLO, and CHK and also drilling and exploration with KCS and UNT.
A warning here, there's risk. After all, it's possible that future demand is not going to outpace future supply and this whole oil crisis shtick is going to just blow over.