Refinery Outages Generally Have Small Effects on Gasoline Prices, Gao Says
Michael Giberson A study by the Government Accountability Office has concluded that gasoline refinery outages tend to have small effects on prices. While large scale weather events like Hurricane Katrina and Rita did result in large prices increases, such events are rare, the study said. In other findings: Typical unplanned refinery outages tended to increase …
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