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If they haven't overinvested in refining capacity, why are crack spreads so low?

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid (arvid.hallen at gmail.com) on Mon Jun 23rd, 2008 at 07:08:51 AM EST
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demand is flat to down in the US on gasoline.  My gut is the rest of the world is maxing diesel and dumping the byproduct gasoline in the US market.  Gas cracks are bad.  Diesel cracks are huge.
by HiD on Mon Jun 23rd, 2008 at 06:28:03 PM EST
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