Hi everyone… We’re hearing more bad news from a different refinery this time. Valero has
Tag: refinery
More refinery snags… just terrific. Gasoline is trading higher.
From Bloomberg:http://www.bloomberg.com/apps/news?pid=20602099&sid=aNzZlSPI8LzQ&refer=energy Valero Energy Corp., the largest U.S. refiner, said yesterday that it halted fuel
Refinery statistics: “No new refineries since the 70’s”
Lets understand why a new refinery hasn’t been built: Existing refineries have expanded to roughly
DOE Report- Mixed. Build in gasoline.
Well, the DOE report was mixed. Here are some highlights: **Gasoline stockpiles added 1.7 million
Record refining margins: highest since 1989!!!
The profit margin, or “crack,” for turning crude oil into fuels has more than tripled
We’re in trouble. Re-hike soon?
Folks. I don’t get concerned much about gasoline stockpiles or gas prices, but since I
