Page added on November 25, 2005
Oil companies already have plans to add 6 percent to US capacity.
GARYVILLE, LA.
One expansion already being planned is here at the Marathon Oil refinery – built on a former sugar-cane plantation – which sustained no significant hurricane damage.
If the oil companies follow through on their plans, this would be equal to 50 percent of the expansions over the past decade. The new capacity could help to relieve the persistent tight supplies and price run-ups at the pump, as happened this fall in the wake of hurricane Katrina.
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