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<blockquote data-quote="The Other Side" data-source="post: 835354" data-attributes="member: 17969">Truth hurts, but its still a fact.&nbsp; Reagan / Bush shut down over 45 plants during their terms that would otherwise be producing today.&nbsp; Back then, our refineries were only producing at 11% of capacity and that held oil stocks down, the idea by the repubilcans was to CUT production and the remaining plants would then have to operate at&nbsp; a higher capacity driving up the stock price.&nbsp;More cuts drove up capacity levels to 65% by the time clinton took office.&nbsp; What they didnt understand was growth.&nbsp; Our country was growing at a rate faster than anticipated.&nbsp; More cars on the road and crappy fuel mileage.&nbsp; The demand became greater.&nbsp; By the time they realized they created a monster for the US consumer, it was too late.&nbsp; &nbsp;Building new plants to meet epa emiisions and pollution controls made it next to impossible to build.&nbsp; &nbsp;Now , our refineries are producing at 84% of capacity and prices are through the roof again.&nbsp;Who&#039;s to blame?&nbsp;Think about it.&nbsp;peace.</blockquote>

[QUOTE="The Other Side, post: 835354, member: 17969"] Truth hurts, but its still a fact. Reagan / Bush shut down over 45 plants during their terms that would otherwise be producing today. Back then, our refineries were only producing at 11% of capacity and that held oil stocks down, the idea by the repubilcans was to CUT production and the remaining plants would then have to operate at a higher capacity driving up the stock price. More cuts drove up capacity levels to 65% by the time clinton took office. What they didnt understand was growth. Our country was growing at a rate faster than anticipated. More cars on the road and crappy fuel mileage. The demand became greater. By the time they realized they created a monster for the US consumer, it was too late. Building new plants to meet epa emiisions and pollution controls made it next to impossible to build. Now , our refineries are producing at 84% of capacity and prices are through the roof again. Who's to blame? Think about it. peace. [/QUOTE]

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