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Re: Gas Rationing 2008???
 
gunnerrat Views: 1,665
Published: 13 years ago
 
This is a reply to # 1,239,429

Re: Gas Rationing 2008???


Although I'm skeptical of peak oil as well, there is one problem: refining capacity. We haven't built a refinery in decades and they're running at near-capacity. Throw in a hurricane that knocks out a couple (many of the big ones are in Texas) and you've now got a shortage. It's not because there isn't enough oil, it's because there isn't enough gasoline. Until cars can run on crude, refining capacity will always be a bottleneck that can cause a shortage.
 
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