Editorial: Refineries and NSR

US President George W. Bush addressed the right problem when he hinted in a speech Apr. 27 about building refineries on unused military bases. Refining capacity in the US has all but ceased to grow while consumption of refinery products increases steadily and fuel specifications tighten. Refining capacity that works consistently near maximum rates bespeaks a system needing expansion.So whatever comes of the proposal about military bases, the president gave the challenge of increasing refining capacity high-level attention it deserves. At the National Small Business Conference in Washington, DC, he said, “I will direct federal agencies to work with states to encourage the building of...

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