Refiners - a factor in the price of fuel.
We've all watched the price of fuel drop slowly when there's a glut of crude oil and then watch the price of fuel jump overnight when the price of crude goes up. This is old news. Something I've b...
Forum Discussion
The effect is that the world is uses refined product not crude. There has not been a new refinery built in the U.S. In decades. The companies have to deal with various blend requirements and CA is the worst. Also diesel oil can be shipped off shore especially to Japan now. They shut their nukes down and now use diesel. We have seen gas fall to about two bucks while it is still over four in Ca. That is taxes and regulations.
