U.S. Refiners Planning Major Plant Overhauls In Second Quarter

[pinto + 293]

U.S. oil refiners are planning a heavy slate of plant overhauls in the second quarter, with total production this month off 8.5 percent compared with the start of the year, according to data from the U.S. Energy Information Administration. Early spring and winter traditionally are heavy periods for U.S. refinery maintenance. But refiners are planning more upgrades than usual in the first half of 2019 to avoid fall and winter shutdowns as they prepare to meet coming low-sulfur standards. This year’s maintenance schedule and higher crude prices helped push U.S. gasoline prices to a national average of $2.83 a gallon last week, up 26 percent since the start of the year, according to data from the American Automobile Association. U.S. crude futures rose 32 percent in the first quarter. International Maritime Organization (IMO) 2020 is a standard for maritime diesel that takes effect on Jan. 1 and is designed to reduce air pollution. Refiners have been revamping their plants to make IMO 2020 compliant fuel

[Pavel + 384]

Gas prices up again....

[damirUSBiH + 327]

2 minutes ago, Pavel said:

Gas prices up again....

Of course ... they always have a good reason. For example, news from yesterday: "Oil prices turned higher on Thursday after a report showed a drop in U.S. drilling activity. Oil explorers curtailed activity in U.S. fields for the 1st time this month, bowing to investor calls for restraint..."

[50 shades of black + 254]

4 minutes ago, Pavel said:

Gas prices up again....

Yep. A drop in crude shipments from top exporter Saudi Arabia and a draw in U.S. oil inventories supported oil prices overnight....Nice. Happy Friday.👇

[ThunderBlade + 231]

Let the battle begin: OPEC vs. Shale..Battle for supremacy.

[Rodent + 1,424]

gasoline prices up on refinery outages.  California prices are out of this world!  

let's see you try to pass that extra gasoline tax now....

[francoba + 93]

U.S. oil rises 24 cents....no mercy for consumers

[Rodent + 1,424]

3 minutes ago, francoba said:

U.S. oil rises 24 cents....no mercy for consumers

certainly something that us consumers like to complain about but in the grand scheme of things it is pretty insignificant. 

[ronwagn + 6,290]

11 hours ago, Rodent said:

gasoline prices up on refinery outages.  California prices are out of this world!  

let's see you try to pass that extra gasoline tax now....

All they have to do is let the roads go to hell and then the people will vote for more taxes. Illinois has allowed one of my local highways to get into the worst shape I have ever seen on a highway. 

[cbrasher1 + 272]

On 4/19/2019 at 7:10 PM, ronwagn said:

 Illinois has allowed one of my local highways to get into the worst shape I have ever seen on a highway. 

You have not visited West Texas lately 😂😂

[ronwagn + 6,290]

We drove from Ft. Stockton into Roswell, New Mexico. That road was much better than ours. Maybe that is not considered west Texas though.