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re: We can’t sustain these fuel prices for 2 more years

Posted on 5/16/22 at 7:49 am to
Posted by BaldEagleHey
Member since May 2020
453 posts
Posted on 5/16/22 at 7:49 am to
quote:

Why are they shutting down? Surely they’re profitable. What is the incentive to do so?


Found this article that explains the whole refinery issue nation/worldwide
LINK

"In short, “too much refining capacity was closed during the pandemic,” Bloomberg Intelligence’s Valle said. “Diesel shortages and the price surge are likely here to stay.”
This post was edited on 5/16/22 at 7:51 am
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26091 posts
Posted on 5/17/22 at 6:54 pm to
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