Refinery Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Commodity businesses pose problems for consumers. >> i also don't think that most retirees realize that their pension or retirement savings are used to pave the way for big banks to be able to control an electric plant or an oil refinery. >> an expert from everything from the wellhead to the gas tank, and chief oil analyst at gas buddy. big banks, tensions in the middle east, demand, cash-strapped americans, refinery problem. is there a simple way to explain why gas prices are rising when we are flushed with oil and gas? >> we are a part of the world. we have the privilege numbers in terms of ...

Refineries can produce more gas more quickly. the prices will come down. >>shepard: we her it was going way, way up at the beginning of the summer but it went down but now they are busting people's budgets. >>guest: california is isolated market with no pipelines coming in from the gulf coast or other states. they make it there. this is a reminder of how tight the system is in the united states for refineries. with a local refinery problem you will have problems with the local gas price. >>shepard: thank you from "wall street journal" this afternoon. a lousy day for the 401(k) amid a gloomy fo...

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 2007, there was a series of refinery problems, fire at a chevron site. mechanical problems at some site...

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 automatically goes up. summer of 2007, there was a series of refinery problems, fire at a chevron site. mechani...