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Gas prices

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is it true that the number of refinares is lock for 20-30 years? if so it doesn't mater how much oil you pump. does that sound right?
 
There has been no new refinery construction in at least the past ten years according to people I know in the industry.
 
so does that mean that the tree hugger s have won? i can remember when the price of gas was 1/3 the octane.
 

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