starrdev5
starrdev5 t1_iv17552 wrote
Reply to comment by 40for60 in What factors contribute to gas prices? [OC] by USAFacts_Official
You’re not wrong about your other points but specifically total refining capacity is operating at 1 million barrels of oil a day less than pre-covid.
Here is a list of refineries that shut down since Covid. Some of the shutdowns will cite things other than Covid that did them in like hurricane repairs and equipment maintenance costs, but refineries took big losses in 2020. It’s because of those big operating losses that their balance sheet couldn’t withstand the later operating losses.
starrdev5 t1_iv14amn wrote
Reply to comment by 40for60 in What factors contribute to gas prices? [OC] by USAFacts_Official
That means ones that are open are at 94% utilization practically max refining capacity. That’s a sign of a refinery capacity shortage.
starrdev5 t1_j6nqayl wrote
Reply to comment by Appropriate-Car-2663 in Anyone know of a good 3 day weekend trip in or around the New Jersey area? by amitygoodtogo
I go at least once a year. Mohonk really is the best day trip near NJ.
If you turn it into a 3 day trip you can stay in new paltz or the Catskills and hit bannerman castle, Hudson valley wineries, Hunter mountain zip line, and tons of amazing hiking.
Did that trip about 5 years back and it was one of most memorable long weekends.