The oil companies have blown it. They did not anticipate the current, growing demand for both gas and heating oil. Or statewide brownouts in California. Now, it's time for the nation's oil companies to put more refineries on line, and to spend more of their profits on exploration. In the meantime, we consumers should brace for even higher fuel prices.
Summer is still a couple of months off.
And it takes a couple of years to get a new refinery up and fuming. John Herbert is a regular columnist for Hernando Today. He lives in Spring Hill .