Kuwait is in talks with the Bush administration to build an oil refinery in the United States, seeking to construct the nation's first new plant in three decades as gasoline and diesel prices surge to records.We could use the refinery, but I'm not sure I want anything that is refered to as a "cartel" as having anything to do with it... America can and should build these entirely on our own.
The cartel's president, Sheik Ahmed Fahd Al Ahmed Al Sabah, said he made the offer earlier this month and expects a reply next month. He said he's seeking a joint venture partner in the project and White House assistance in gaining the necessary permits.
Sheik Ahmed didn't say how much the refinery might cost or where it may be located. White House spokesman David Almacy couldn't immediately comment on the matter.
Tuesday, September 20, 2005
Kuwait to Build New Refinery in US
From the Houston Chronicle: