Show Us the Money, and We’ll Show You the Barrels

Despite the generally steady refined product demand climate in the United States, it is interesting to note resurgence in refining activity. Over the course of the summer, the market on the East Coast of the United States (PADD I) has seen a marked increase in both structural refining capacity and crude oil throughput. It is curious that as capacity increases in a steady demand environment domestically, consumers of beleaguered retail gasoline consumers have seen little price relief. Download here