Induction furnaces are used mainly for remelting and alloying and have very limited refining capabilities; in other words, they are not used for carbon, phosphorus, or sulfur removal.
That may have worked then, but given the disruption to oil supplies and refining capabilities after Hurricane Katrina, the president should ask Americans to sacrifice by conserving gas and fuel to help avert shortages and major price increases.
Even the majors, which have both drilling and refining capabilities, are not immune to refining's tight margins.
"It can expand significantly. He told Forbes.com that the oil company, Russia's second-biggest, would be looking at acquiring assets in Europe to expand its retail and refining capabilities.
Russian oil giant Lukoil believes it can transform itself over the next decade into one of the world's largest fully integrated energy companies, with an enormous retail presence across the U.S. and refining capabilities and oil reserves that extend far beyond Russia.
Hugo Chavez is already bringing Venezuela's considerable refining capabilities to bear: In September, Caracas pledged to supply Iran with 20,000 barrels of gasoline a day".
The Senate on Thursday approved a bill that would punish companies for exporting gasoline to Iran or helping Iran expand its own petroleum refining capability.
The 21 refineries in the area represent 27.5% of the total refining capability in the U.S., Platt's energy news service reported.
The 21 refineries closed by the storm represent 27.5% of the total refining capability in the U.S., Platt's energy news service reported Another 5% remains out of commission in the aftermath of Katrrina.
The country is committed to boosting output and increasing refining capability at home and has made it clear that joining OPEC is off the table doing so would constrain output.
He said his laboratory had been working with electron beam experts at Lawrence Berkeley Laboratories to refine the capabilities of the electron beams that are used in making the wire molds used to make the circuits.
