Re: Refining Tough buisness right now
posted on
Jan 28, 2009 04:18AM
Right now, it is tough business. Margins are slim to none.
If you believe in the projected commodity curve, by the time WWF is online with a refinery oil will be double what it today. Commodity prices should be moving upward by 2011.
This is a good time to put the shovel in the ground for a new refinery. Especially, the green kind that WWF will build.
I seek safe harbour.