Saturday, May 05, 2007

Oil on the Brain - audio interview with Lisa Margonelli

Quotes and comments;
- Lisa Margonelli (author of 'Oil on the brain') is interviewed on Financialsense.com.
- highly recommended.
- gas stations make most of their money off of non-gas items; margins are very small on gasoline. (I think she said a penny a gallon.)
- we hear no refineries have been built in 28 years; however she tells us the refineries themselves have expanded capacity 20 percent or so during this time.
- she travelled widely looking at all areas of the industry; including Iran, Nigeria, Venezuala, etc.
- sounds like an interesting book.

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