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Economy
Explosion and inferno at Texas refinery could help push gas prices above $4 a gallon, expert warns
2021-12-25
[Daily Mail, Where America Gets Its News]
  • Exxon confirmed blast and fire had affected part of plant's gasoline production

  • The Baytown chemical plant is the fourth largest refinery in the US

  • Comes amid soaring gas prices - up by 47 percent on a year ago

  • Experts warn the impact of the fire could begin to be felt within six weeks
Posted by:Skidmark

#2  They have been relentless in closing down refineries and now are shocked, *Shocked!* that it makes the entire system more vulnerable to accidents.
Posted by: magpie   2021-12-25 13:34  

#1  The US political machine has spent the last fifteen years or so trying to destroy the oilfield and in the process has removed all the slack and margin for error that existed in the system.

THAT is why you'll get $ 4 a gallon. Not because of the fire, but because we screwed up the system so that it would be vulnerable to failure points like the fire.
Posted by: Thing From Snowy Mountain   2021-12-25 11:37  

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