View Single Post
Old 08-05-2012, 12:42 PM   #8
spence
Registered User
iTrader: (0)
 
spence's Avatar
 
Join Date: Nov 2003
Location: RI
Posts: 21,464
Quote:
Originally Posted by striperman36 View Post
refiners shutdown Marcus Hook, PA. Not enough demand, I thinks it's artificially propped up.
The problem is the east coast refineries are designed to refine Brent Crude which has gotten really expensive so the margins are down.

So the NE is screwed either way. We can pay more for gas and get it refined locally, or we can pay more for gas shipped from the Gulf.

-spence
spence is online now   Reply With Quote