Midwest Braces For Diesel Crisis After Exxon's Joliet Refinery Suffers Disruption
6 Articles
6 Articles
U.S. Fuel Crisis Status, Next Steps and Impact to Consumers - Energy News Beat
The United States is not short of crude oil. It is short of spare refining capacity, spare distillate inventory, and spare time. Diesel is the pressure point. National retail diesel is printing all-time highs near $6.40 a gallon. California is above $8.30. Midwest pump prices are breaking state records after ExxonMobil’s Joliet refinery in Illinois stayed offline following a Sunday power trip and a subsequent flood that overwhelmed a pump.
Exxon Mobil shuts down major Joliet refinery, impacting Midwest diesel supply
Exxon Mobil shuts down its Joliet refinery, tightening Midwest diesel supply. Crude oil reaching a new all-time high by December 31 at 13% YES.
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