Posted 2/7/2012 21:45 (#2212494 - in reply to #2212010) Subject: Re: Diesel prices- with Iran and high spring $ being talked about.
Refinery capacity keeps getting cut. Worlds 2nd largest Gas refinery closing due to losses. In the past three years, factors have caused the closure of approximately 18 refineries in the United States and Europe with capacity totaling more than 2 million barrels of oil per day http://stcroixsource.com/conte...
Fuel demand dropping USA, oil price high, putting pressure on Refinery companies.