[thackney]

Philly is re-opening 2 refineries and keeping 6 others open.

Are you trying to say they will spend billions to do that?

The surplus will drive energy prices down

The price of oil is the primary driving point for the price of gasoline. Existing refineries running or re-opening are not going to drive down the price of oil. The margin of gasoline over crude oil is thin and not expected to significantly decrease.

[SC_Pete]

Okay, here’s your billions:

http://royaldutchshellplc.com/2012/03/15/shell-oil-picks-pittsburgh-area-site-for-multi-billion-dollar-petrochemical-refinery/