Quote:
Originally Posted by Flames in 07
Im saying if that refinery REPLACES the ability to export the crude, the refinery gets to monitize the spread. Buy cheap Ab crude, sell products into markets that are forced to buy Brent/Dubai based crude.
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Products already get Brent pricing. There's craploads f NA refineries on tidewater. They're all buying cheap WTI and selling high priced products. This would be nothing new.
Quote:
Originally Posted by Flames in 07
There was a new one built this year. And a few in the last 35 years.
Edit: I just googled the new one this year, 10B bought them 600kbpd of capacity.
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Where?