Alex Epstein

@AlexEpstein ↗

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Last Checked Nov. 18, 2022

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Thu Nov 10 16:46:26 +0000 2022

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Alex Epstein @AlexEpstein

US diesel shortage cause 2: Preventing or shutting down diesel-producing refineries in the US The combination of anti-fossil-fuel regulations and encouragement of the anti-FF ESG movement has prevented US refining capacity from growing sufficiently to meet demand. — PolitiTweet.org

Posted Nov. 10, 2022

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Alex Epstein @AlexEpstein

Refiners make long-term plans. Their huge investments have to pay off for decades. The brutal ordeal and enormous cost of the Keystone XL project are no doubt spooking investors right now—preventing US refining capacity down the road, despite a global growth market. https://t.co/erFquo9KPe — PolitiTweet.org

Posted Nov. 10, 2022

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Alex Epstein @AlexEpstein

Given that oil demand, especially diesel demand, is increasing and that US oil production has dramatically increased due to the shale revolution, you’d expect US refining capacity to have rapidly expanded in recent years. Instead, it has stagnated and even recently declined. https://t.co/NDhgJrk6eb — PolitiTweet.org

Posted Nov. 10, 2022