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Posted on 9/11/22 at 9:55 pm to Hammond Tiger Fan
quote:
And what's the reason for that? I'm sure there's some bullshite arse excuse economists will manufacture.
I asked why the other day
Big Wes had a good answer
quote:
Couple reasons:
We are getting less sour crude from Saudi and none from Venezuela. Our refineries, generally, are more efficient at making diesel from those cheaper grades of oil. So they pay more for lighter oil, but get less diesel per barrel.
That is why we were buying russian oil before the sanctions.
Also, these refineries have been investing in Biodiesel. For every dollar invested in biodiesel, you get less diesel, but the refineries make more money with the credits, so the money is flowing there. Making money but not really increasing capacity.
Posted on 9/12/22 at 6:05 am to Hammond Tiger Fan
quote:
And what's the reason for that? I'm sure there's some bullshite arse excuse economists will manufacture.
Biden sending to Europe.
LINK
quote:
A fleet of ships carrying diesel, one of the world’s most important fuels, is heading for European markets facing energy-security threats from high temperatures, soaring gas prices, and Russian disruption.
This post was edited on 9/12/22 at 6:07 am
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