[count-your-change]

This is a good example of where a company’s desire for profit accomplishes a further good for all. Certainly Chevron could live without this but in pursuit of profit is able to take a low grade product and raise its value.
I guess this where those “windfall, obscene”, etc. profits have been going.

[thackney]

It is also an example of how refinery upgrades occur raising the production rate of products like gasoline and diesel, but the total refinery throughput is unchanged.

When people only compare the total amount of oil sent to refineries in the last couple decades and ignore the quantities of the most desirable products continue to rise, they miss what is really going on in the industry.