“especially given that a net new refinery hasn't been built in the US in 50 years.”

Existing large refineries have done some massive expansion projects in the last couple of decades, adding the equivalent of a several new refineries. It is often easier to do this than build a new grass roots refinery.

Example projects:

MPC Garyville +180 MBD (2009) Motiva Port Arthur +325 MBD (2012) XOM Beaumont +250 MBD (2023)

There are many topics where you come across as an over confident plank too.

So I agree - delete your account. Ciao

Hey.

You're obviously having a bad couple days, which seems to have nothing to do with this discussion or HN. I hope you can recover and feel better.

My point remains that Reliance isn't investing 300B in a refinery as you so claim.

>India's Reliance is also investing $300B

That's a cumulative offtake figure used in hyperbolic, Trump-style headlines.