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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 deltaland
Posted on 5/16/22 at 7:49 am to deltaland
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
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