Refiners Can't Deliver Gas Price Relief Trump Wants, Says Stephen Schork

MacroCommodity
โดย Yahoo Finance·Read original
Summary · why it matters

Stephen Schork, principal and editor at The Schork Group, says refiners have virtually no ability to increase capacity and deliver more gasoline and diesel products to lower costs for consumers. His comments come after President Donald Trump scolded ExxonMobil Holdings Corp. and Chevron Corp. Monday for making too much money as oil prices surged amid the war in Iran.

Impact on stocks 2

Energy▼ · 1 stocks
Chevron Corp
CVX
▼ NegativeRegulationrelevance

Trump scolded Chevron for high profits amid oil price surge, pressuring refiners to increase capacity.

Energy Transition & Power Demand▼ · 1 stocks
Exxon Mobil Corp
XOM
▼ NegativeRegulationrelevance

Trump scolded ExxonMobil for high profits amid oil price surge, pressuring refiners to increase capacity.

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