Page 4 - Refinery Problems News Today

It wiped out 10-15% of the oil production. 10-15 refinery capacity. but then the event was over so we could get back to normal. then we had problems in summer of 2006, refinery issues. some were shut down due to hurricane damage and others were, you know, had to install and upgrade equipment to meet the new gasoline regulation. so hurricane katrina and gasoline regulations. then we hit the 2007 period. here is summer again. remember, we also hit summer and it automatically goes up. summer of 200...

With the oil production. it wiped out 10-15% of the oil production. 10-15 refinery capacity. but then the event was over so we could get back to normal. then we had problems in summer of 2006, refinery issues. some were shut down due to hurricane damage and others were, you know, had to install and upgrade equipment to meet the new gasoline regulation. so hurricane katrina and gasoline regulations. then we hit the 2007 period. here is summer again. remember, we also hit summer and it automatical...

Prices where sticker shock -- >> i dont even want to know how much it is now. >> reporter: has many shell shocked. here the average price for a gallon of gas, $4.13. if you can find it. americans across the country are being squeezed at the pump. this week, the new national average for unleaded, $3.77 a gallon. 22 cents more than just a month ago, when the average was $3.55. a year ago, $2.86, almost a dollar lower than today. the oil industry says taxes, seasonal blends and refinery problems ha...

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