President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity
Green Car Congress
JUNE 23, 2022
That figure is down from 141 refineries in 2017, with 4 idle. Refined product prices are set by the marginal supply costs of bringing the incremental barrels of products to market. About half of US refinery shutdowns are conversions to renewable fuel production. As of 10 June, EIA reported 93.7%
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