West Coast Summer Refinery Margins Decline Despite Reduced Capacity

CleanTechnica
By US Energy Information AdministrationJul 17, 2024, 9:11 am218 pts
This spring, California refinery crack spreads for gasoline and diesel dipped below average despite shrinking refinery capacity on the West Coast (PADD 5). Crack spreads are the difference between refined product prices and an equivalent volume of crude oil. We use them as a measure to estimate refinery…

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