A bit of fear mongering here folks.
Those of you who live in hurricane country ought to begin to think about you hurricane fuel plans for this year.
President Butt-Head actually prohibited a refinery expansion in May, and, as far as I know, nobody is re-opening the refineries that were shut down during COVID. I mean, you can see why, with this administration's antipathy to oil.
$3.99 at the closest station to my house.
I have mentioned the possibility of this several times recently just because it is hurricane season. There’s nothing to sensationalize here, I wouldn’t even say it is likely. However, I am torn about wanting this to occur. I don’t wish the pain and destruction of a hurricane on anyone. But on the other hand, an appropriately timed hurricane, say in September, would spike gas prices prior to the election. It will also expose the Biden Administration’s management of FEMA. You have to think he’s screwed that up too. It could be the nail in the Democrat Party’s coffin.
Election thefts have consequences. To paraphrase Mencken, go along with election fraud to get what you want and you’re going to get what you want good and hard.
Been watching this for about two weeks now.
All it will take is one..ONE to hit the TX and LA areas and it will be fascinating to watch.
Any excuse will do.
blam is nothing but a paid shill for the Zubu syndicate, who are nothing but doom forecasters.
The coming winter will decide whether mankind will reject fossil fuels or embrace it as the saving form of energy that it is.
"Tropical activity in the Gulf can shutter offshore drilling rigs and onshore refining operations.
And given today’s extremely tight refining capacity and a bulk of the nation’s refineries are situated on the Gulf Coast,
we “have to cross our fingers that no refining infrastructure gets damaged by hurricanes or by the electric grid,” Kloza said.
Ahead of the hurricane season, which began on the first of June, Bloomberg Markets’s Jake Lloyd-Smith warned
about the consequences of an active hurricane season and how it could severely disrupt refinery operations.
Everyone, including the Biden administration, has figured out that the bottleneck in refining is the culprit behind soaring diesel and gasoline prices. (Emphasis mine)
The US is structurally short and down 1 million barrels from April 2020 to 17.95 million bpd as of June.
All it would take is one (or multiple) major hurricanes with direct landfall on the Gulf Coast (or PADD 3) to send fuel prices at the pump even higher "