3min chapter

Odd Lots cover image

A Concrete Plan to Bring the Price of Oil Down Right Now

Odd Lots

CHAPTER

The Refining Capacity Crisis?

Refining capacity has been chronically over supplied and margins have been generally bad. Having a refinery is, it's a very highly polluting, emitting facility. A lot of communities don't want them around. So i think what's really happened, unfortunately, is we have this capacity coming down the line globally, and then we had this bridge of these kind of old facilities that we're going to get us across the finish line.

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