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Saudis Expand Price War Downstream

Green Car Congress

JULY 28, 2015

The crude is so cheap it’s pretty much free for them, the margins are going to be massive. Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico. The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil.

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Saudi Arabia Price Oil India 150
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Mad Power thoughts

EV Info

SEPTEMBER 23, 2021

It comes upon us when we have barely started ripping out our gas boilers to make way for the expensive and inefficient heat pumps the Government is telling us to buy, or building the costly new power stations that will be needed to charge the electric cars we will all soon require. Gas is the only answer.

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Power Powered Wind Coal 52
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