There are many reasons why this might be a good year for U.S. refiners despite all the market turmoil bloomberg.com/news/articles/… via Bloomberg Markets

A four-alarm weekend fire at a San Francisco-area dock could force Valero’s Benicia refinery to cut fuel production, potentially pushing local gasoline prices higher bloomberg.com/news/articles/… via Bloomberg Markets

U.S. refiners are boasting strong quarterly returns as they hone in on near-record high diesel margins despite simmering concern that there won’t be enough gasoline for the summer bloomberg.com/news/articles/… via Bloomberg Markets

The famous Ukrainian demining dog “Patron” taking a nap during a joint press conference.

The main driver behind record US pump prices isn’t costly oil or too much demand: It’s the simple fact there are too few refineries bloomberg.com/news/articles/… via Bloomberg

Refineries are running about as hard as they dare, though summer storms and lingering repairs risk getting in the way bloomberg.com/news/articles/… via Bloomberg

careers.bloomberg.com/job/detail/104…

President Biden writes to oil executives complaining (!!!) the industry shut down too much refining capacity: “At a time of war, refinery profit margins well above normal being passed directly onto American families are not acceptable" (full letter via Axios ) #OOTT

The 30-minute fire at LyondellBasell Industries NV’s Houston refinery Tuesday underscored just how quickly US gasoline production can fall bloomberg.com/news/articles/… via Bloomberg

US refineries are pushing the limit to chase demand this summer, risking the possibility of a breakdown just as the market needs supply the most bloomberg.com/news/articles/… via Bloomberg

JPMorgan analysts warned that global oil prices could reach a “stratospheric” $380 a barrel if sanctions prompt Russia to inflict retaliatory crude-output cuts bloomberg.com/news/articles/… via Bloomberg Markets

California has ended its reign as the US state with the most expensive gasoline: Hawaii, where the average pump price stands at $5.41 a gallon bloomberg.com/news/articles/… via Bloomberg Markets

Six oil and gas fields in the Gulf of Mexico have been shut after a leak at a Louisiana booster station halted two pipelines in the region bloomberg.com/news/articles/… via Bloomberg Markets

Repairing and then restarting BP’s Toledo refinery in Ohio may not be completed until early 2023, after a fire last week killed two people bloomberg.com/news/articles/… via Bloomberg Markets

The risk of a hurricane strike is shifting to the US East Coast and the Caribbean as the storm season enters its final weeks bloomberg.com/news/articles/… via Bloomberg

Shout out to Etch at Crutchfield, who just helped me out today!

Exxon's massive Texas refinery expansion is probably the last time that'll happen in the US as climate concerns intensify bloomberg.com/news/articles/… via Bloomberg Markets

The fact that refinery cracks are holding up (aka oil is plunging but gasoline hasn't as much) bodes well for a more affordable summer at the pump as it means refiners have more reason to continue churning out gasoline now which will build supply stronger and earlier

Looking for premium gasoline? It will cost you bloomberg.com/news/articles/… via Bloomberg Markets

The fall refinery maintenance season in the US is shaping up to be the heaviest since before the Covid-19 pandemic bloomberg.com/news/articles/… via Bloomberg Markets