Mechanical breakdowns at refineries causse price increase

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GregoryPalamas

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If it were just whiskey…But seriously, while the article doesn’t address this when will congress lift the restrictions to building more refineries?

“These mechanical breakdowns, which one analyst likened to an “invisible hurricane,” have created a bottleneck in domestic energy supplies, helping to push up gasoline prices 50 cents this year to well above $3 a gallon. A third of the country’s 150 refineries have reported disruptions to their operations since the beginning of the year, a record according to analysts.”

nytimes.com/2007/07/22/business/22refine.html?th&emc=th
 
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