"Blame this on ourselves. This country has not built a new refinery in 30 years, we stopped new oil exploration . . . and put a moratorium on offshore drilling."
I hate to break it to this idiot, but they ARE doing new oil exploration!
How do I know? Because they are doing it on some of MY and my neighbors farmland!
According to my dad, the oil companies did a lot of exploration around here back in the 1960's and 70's and did indeed find oil. But it was pretty deep and, at the time, not worth pumping, so they abandoned it. Well, now it is worth pumping and the oil companies are back signing new oil and gas leases.
I've seen more oilfield equipment crawling around the back country here in the last month than in the last 10 years combined.
So, I don't know about the oil refinery situation, but they ARE going to get at more oil (if the tree huggers don't shut 'em down.)
And it's going to make a lot of barely-scraping-by farmers like me a lot of money
😀