what percentage is waste and are all the by-products, plastics etc, always extracted or is there an oversupply?What happens to the waste products from oil refining?
If you ever drove by an operating refinery at night, you would see what happens to the few waste products, they are burned in the flare. All other products in the refinery are used for a purpose. Some products are used for multiple purposes, and other products are stored until required. There is sufficient excess demand here in the US that the refined products never go to waste, except by us consumers.
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