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Keyword: oilrefiners

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  • Gas prices could reach ‘apocalyptic’ levels during hurricane season, oil expert warns

    06/27/2022 3:11:48 PM PDT · by george76 · 25 replies
    NY Post ^ | June 24, 2022 | Thomas Barrabi
    Gas prices could climb well above their current near-record levels to “apocalyptic” heights if hurricane season results in significant disruptions for US oil refiners ... efforts to lower prices could be “overwhelmed if we have an active tropical season” that impacts domestic refining efforts in the Gulf of Mexico, OPIS energy analysis global head Tom Kloza ... insidious for inflation are the values for diesel and jet fuel. Stocks of those fuels are not building, they’re tight internationally and that’s where we’re going to have to pay the piper in the last 100 days of the year.” Hurricanes in the...