Quote:
Originally Posted by ArrowHeader
Refineries are already at full capacity. If Louisiana or Texas get hit with hurricanes they will have to shut some of those down. It can takes weeks to start back up and get back to full capacity, and that’s if there are relatively few damages. Then you have the reserves which will all be empty sooner than later, and that will push prices higher. Good time to go buy a nice bicycle or a Vespa.
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Sincere question: If refineries are already at full capacity, when oil production is being intentionally limited by oil companies, does that mean increased oil production wouldn't help lower gas prices thanks to that bottleneck?