jmcdo94331

The Effects of Oil Speculation

What would the addition of even 2 more refineries do to the price of oil.
Isn't there an artifical fractional oligopoly in effect with the limits of our refinery capacity (ie; aren't we really being strapped down but not only the OPEC, the Refineries, and then there are those quarterly or semannual fires at different refineries? Sounds like a lot of collusion to me?