by Thomas Catenacci at CDN –

U.S. petroleum refining capacity has declined and few plants have been built thanks to the projected decline in fuel demand and increased burdensome regulations. “There was already some contraction happening in the industry as a result of projected declines in U.S. gasoline demand into the future and companies just deciding …
Click to read the rest HERE-> The US Hasn’t Built A Major Oil Refinery In Nearly 50 Years. Here’s Why first posted at Conservative Daily News