[thackney]

What need? We already refine more crude oil and produce more refined products than we use ourselves.

We actually import more crude oil than we need and export the surplus products. We usually import gasoline, or gasoline blending products but when you include all the products from the barrel, we are a net exporter.

[ecomcon]

The result is that more and more new oil is chasing less and less usable refining capacity....

I don't have a dog in this, I don't understand the problem.