The American refineries are maxed out in capacity right now, while they’re making money hand over fist it’s extraordinarily expensive and time consuming to build new ones so not many have wanted to fork over the billions of dollars to do so in case elevated fuel prices turn out to be a flash in the pan by the time construction is over.
By the time one is built the crisis will be over or priority’s shift and then you are stuck with a redundant facility that costs millions to maintain while not doing anything. I can see why it should take decades to build them to keep up with demand.
The American refineries are maxed out in capacity right now, while they’re making money hand over fist it’s extraordinarily expensive and time consuming to build new ones so not many have wanted to fork over the billions of dollars to do so in case elevated fuel prices turn out to be a flash in the pan by the time construction is over.
By the time one is built the crisis will be over or priority’s shift and then you are stuck with a redundant facility that costs millions to maintain while not doing anything. I can see why it should take decades to build them to keep up with demand.