Wednesday, April 19, 2006

Economic Illiteracy Award Part 2

Goes to Chuck Schumer (depressingly my Senator). Refiners are operating at 85% capacity Chuck because, 1) they ALWAYS slow down in April and May to do maintenance and upgrades prior to the driving season, and 2) because you royally f*&ked with the gasoline supply chain with the energy bill and now they have to figure out how to get all this ethanol into their gas when it can't travel via pipeline like the MTBE that they have been using for 20+ years.

As I have said, "the only thing more damaging to the economy than one of Chuck Schumer's ideas is one of Chuck Schumer's ideas that gains bipartisan support."

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