It's so easy to see the "world order" at work when you start digging into the documentation and see that no new refinery has been built in the US... for the last 50 years!
Expect the price of fuel to go down so to bankrupt petroleum production countries so the "world order" can come in and buy up all "valuables" at dirt cheap prices.
Americans need to brace for a very severe economic downturn which might take years to recover from (if ever) but if it doesn't happen, I'll be the happiest camper on Earth!
The people acting behind the scenes are known — look it up.
Next time you talk to your "representatives", ask them where the refineries are because if the documents are any indication, for the last 50 years, the new ones were nowhere to be found...
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Comments: 11
At the same time many existing refineries have expanded their capacity significantly. They have also upgraded to make the reformulated blends required by law and de-sulferized diesel and heating oil.
The oil industry is way over regulated.
the handful of American oil companies aren't big enough to take on the government owned ones so I doubt its any American plan to capture the oil of the entire world.
The boardrooms of ExxonMobil, Chevron, Shell, and BP never mention USA or Great Britain.
The new refinery projects in the past 20 years have been primarily initiated in UAE, Qatar, and Singapore. If the USA can offer better return on capital employed, then there would be initial interest in undertaking a new project by ExxonMobil or Chevron.
Adding new refineries in the USA or drilling off USA shores is all political bantering and has no bearing on internal oil company management decisions.
the companies you note are private companies and listed as such. Shell is Dutch so they may not have listed the US/UK for a reason. Most oil companies in the world are nationalized unlike the ones you listed