"It might move consistently up at some level but not up and down."
"The profitability of refining really is a function of the spread between the price of crude and the price at the pump."
"Cheaper crude selling the same product. That is very tough."
"One of the concerns I have had all along is the fact that some of these factors may be temporary conditions and yet we are looking at a permanent shutdown, if you will, that would have long-term effec..."
"I think you have identified the main homeland security risk with respect to the concentration of refining capacity here in the United States."
"It is hard for me to imagine that our homeland security is not threatened in some way by that."
"It might be important for somebody to take a look at that question, particularly as it relates--as the Chairman has said, you know, this is a decision that is coming at us pretty quickly."
"One of the biggest threats that we face in the world right now is the threat of a nuclear-armed Iran."
"One of those sanctions is to attack their need for refined petroleum products because they don't have refining capacity in the country."
"So the question really is: Are we setting ourselves up for that same kind of vulnerability?"
"So given that reality, so then the concept of energy independence should be a good goal, right?"
"The problem is the difference between the cost of refining the different types of crude, correct?"