brick
01-31-2009, 09:01 AM
Half the nation's refining capacity is at risk. (http://uk.reuters.com/article/oilRpt/idUKN3047993720090130)
http://www.cleanmpg.com/photos/data/501/Texas_Refinery_at_Sunset.jpgReuters – Jan. 30, 2009
Springtime is back!! -- Ed.
Gasoline led U.S. oil product gains on Friday as fears of a refinery workers' strike added to worries that supply may dwindle as plants undergo maintenance or undertake economic run cuts, traders said.
A possible strike by 30,000 U.S. refinery workers threatens to shutter more than half of the nation's refining capacity, although a top union negotiator expressed optimism a deal could be reached before Sunday's deadline.
"Gasoline is up a lot ... it's the threat of strike, I guess," a gasoline trader in the New York Harbor said.
In the Gulf, conventional M4 gasoline gained three cents...http://uk.reuters.com/article/oilRpt/idUKN3047993720090130
http://www.cleanmpg.com/photos/data/501/Texas_Refinery_at_Sunset.jpgReuters – Jan. 30, 2009
Springtime is back!! -- Ed.
Gasoline led U.S. oil product gains on Friday as fears of a refinery workers' strike added to worries that supply may dwindle as plants undergo maintenance or undertake economic run cuts, traders said.
A possible strike by 30,000 U.S. refinery workers threatens to shutter more than half of the nation's refining capacity, although a top union negotiator expressed optimism a deal could be reached before Sunday's deadline.
"Gasoline is up a lot ... it's the threat of strike, I guess," a gasoline trader in the New York Harbor said.
In the Gulf, conventional M4 gasoline gained three cents...http://uk.reuters.com/article/oilRpt/idUKN3047993720090130