Texas oil refiners will take weeks to recover, boosting U.S. gasoline prices

Capt. John

Texas oil refineries shut by cold-weather disruptions may take several weeks to resume normal operations, industry experts said on Friday, helping to push up fuel prices. About a fifth of oil processing was halted by power outages, shortages of natural gas and water this week. Average retail gasoline prices rose 6 cents on the week …

The post Texas oil refiners will take weeks to recover, boosting U.S. gasoline prices first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/texas-oil-refiners-will-take-weeks-to-recover-boosting-u-s-gasoline-prices/

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