I’ve been waiting to see you on FreeRepublic to ask your opinion on something.
BP is running the pipeline from the WA refineries at half capacity, the refineries are out of storage capacity and the crude is backing up at the docks? What’s going on? price manipulation?
Which pipeline?
the refineries are out of storage capacity and the crude is backing up at the docks?
BP's Cherry Point Refinery in Washington had a fire that caused a three month shutdown. It caused a lack of ability to process as much crude for quite a while.
Whats going on? price manipulation?
I have never found an oil company outside of OPEC that was willing to shut anything down so their competition who remained running could make more money.