RV Fuel Issues & Prices - Post 'Em Here!
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SRT
I just checked refinery margins and they're at roughly $5 a barrel or 12 cents per gallon. Typically a margin of $8 per barrel or roughly 20 cents a gallon is needed to pay for everything and future upgrades often mandated by the DEP that does nothing (often counterproductive) to increasing capacity throughput.
Sometimes in a low margin environment maintenance is scheduled because it just does not pay to push the equipment for so little.
There is a huge difference between the Upstream side of the industry which is Exploration and Production (Called E&P) with the Downstream side which is Refining and Marketing.
The oil peg established in the early / mid 1970s establish a direct relationship of US money supply to oil prices globally. Keep putting more money into circulation through the front door, back door or window and prices will guaranteed increase.
I just checked refinery margins and they're at roughly $5 a barrel or 12 cents per gallon. Typically a margin of $8 per barrel or roughly 20 cents a gallon is needed to pay for everything and future upgrades often mandated by the DEP that does nothing (often counterproductive) to increasing capacity throughput.
Sometimes in a low margin environment maintenance is scheduled because it just does not pay to push the equipment for so little.
There is a huge difference between the Upstream side of the industry which is Exploration and Production (Called E&P) with the Downstream side which is Refining and Marketing.
The oil peg established in the early / mid 1970s establish a direct relationship of US money supply to oil prices globally. Keep putting more money into circulation through the front door, back door or window and prices will guaranteed increase.
