U.S. gas prices have hit a record high and are showing no signs of going down. That’s largely because oil companies are no longer incentivized to drill more as oil prices rise. WSJ’s Dion Rabouin explains. Photo composite: Ryan TrefesGasoline prices are at records, and refiners’ spectacular profits are putting them in the hot seat. They are an obvious, but odd, target.
The White House confirmed in a briefing on Tuesday that oil majors and refinery executives will meet with Energy Secretary
JinjLee Could America have state owned refineries that could fire up in these situations?
JinjLee We need more refineries but everytime one is proposed the left wing organization start litigating to prevent it. Is a matter of national security.
JinjLee
JinjLee RT ltgrusselhonore interesting oil refinery explanation
JinjLee
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