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Vol. 27, No. 25 Week of June 19, 2022
Providing coverage of Alaska and northern Canada's oil and gas industry


Refining Squeeze

Even amid shortages and high prices, refiners arenít looking to expand

Allen Baker

for Petroleum News

Crack spreads are booming and refiners are showing huge profits. But the cash flow isnít being directed to new investments in the industry, and it likely wonít be for some time, if ever. In the United States, refinery capacity is down by 900,000 barrels a day, according to the Energy Information Adm....

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Buybacks, debt cutting

Bucking government, or not?

Then thereís Europe

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