Refiners Retrench as Demand For Gasoline, Jet Fuel Shrivels

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Fuel makers slashed production between April and June as they reeled from a historic decline in demand for gasoline and jet fuel

U.S. fuel makers ran below capacity in the second quarter in a preview of the challenges they are likely to face as the world transitions away from fossil fuels

An abundance of fossil fuels combined with advances in technology to harness wind and solar power has sent energy prices crashing around the world. WSJ explains how it all happened at once. Photo illustration: Carlos Waters/WSJ

 

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