Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I posted a graph not long ago that showed that the utilisation rate of the world refining industry has gone up steadily from 75% in the 80s to above 95% today. When equipment is running flat out 24/7, it breaks down once in a while (even more than in normal use) - and as demand id tight, it is also a lot more noticeable. So I would not put it to any kind of conspiracy - just reality striking back after many years of low investments (because it made no economic sense then).

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Fri Aug 19th, 2005 at 02:42:02 AM EST
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