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Lubbock, Texas | this should make no difference for the price of crude and if this refinery was bigger it could well make that price go down because of one less end user
it may well bump slightly the price of refined products though this is a SMALL refinery
now that I know only one was seriously injured (not sure how bad) and is being treated....I do not feel bad saying in the end this could actually help slightly in the long term...because surely when rebuilt there will be increased capacity if only slightly
we have a crude cost issue and a refined products out put shortage......this would decrease slightly the numbers of gallons of crude that can be refined in the world and also decrease slightly the number of gallons of refined products
so not bad for the price of crude and bad for the price of refined products
and in the end we all know AgTrader was probably on the wrong side of the trade as usual | |
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Looks like Crude oil just got that current event .....
