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Old 07-18-2007, 05:27 PM   #2122
ltl/fb
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Join Date: Mar 2003
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Houston? We have a problem.

Quote:
Originally posted by notcasesensitive
And it sits right there on the gulf, er, ocean. What about Miami? Does it have much of a port?
The refineries in Beaumont and Baytown do 900k bpd, which is almost as much as the world's single biggest refinery, and are both in the Houston area. I thought I had heard that the current high fuel prices were due more to lack of refinery capacity/output and less to shortage of crude oil; that may be some pernicious rumor spread by the oil companies, though, as part of their fight to maintain higher profits and be freed from regulations.
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