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26.03.26 - 03:30
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Chevron Warns California Facing Historic Fuel Crisis As Diesel Hits Record $7 (ZeroHedge)
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Chevron Warns California Facing Historic Fuel Crisis As Diesel Hits Record $7
The world's biggest energy execs are currently at the annual CERAWeek conclave in Houston where, understandably, they are dropping bulletin bombs reeking of fire and brimstone, and warning the already critical oil/gas situation will only get worse if the pre-war status quo isn't restored (which incidentally will be great for their bottom lines... until the world is tipped into a recession).
Take US oil giant Chevron, which warned that California is careening toward an energy crisis because of the Iran war (which will likely be resolved soon), and that the company may quit refining oil in the state unless officials roll back taxes and regulations (which is unlikely to ever be resolved as long as Dems are in charge of the Golden State).
California is highly exposed to the disruption rippling across commodity markets because it imports about 20% of its refined fuels from Asia. But as extensively discussed here, oil ...
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23.03.26 - 11:54
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Spritpreise steigen weiter - Diesel knapp unter Allzeithoch (DPA-AFX)
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MÜNCHEN (dpa-AFX) - Der Dieselpreis ist nur noch etwas mehr als einen Cent von seinem Allzeithoch entfernt. Sollte der aktuelle Anstieg der Ölpreise bis zu den Zapfsäulen durchschlagen, könnte der Rekord in den nächsten Tagen gebrochen werden. Im bundesweiten ......
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