Drivers Are Not The Only Ones Hurting From Gas Prices
Published April 11th, 2012
Despite high prices at the pump, several U.S. oil refineries that make and sell gas are going broke.
Oil companies say the refineries are old and can't produce the cheaper and heavier oils made popular by suppliers in other countries.
They say about 50 percent of the refining capacity on the east coast are either closed or preparing to shut down in the coming months.
That may mean even higher fuel prices for drivers later this year if shortages develop.
- Gas Prices Hurting One Town
- Gas Prices Down
- Gas Prices Going Down Across the Nation
- Driver hurt, kids OK in Lake City school bus crash
- Another Cold Night in California, Gas Prices Rise Again, and Future of Sandy Hook School Discussed
- Gas Prices Continue To Rise
- Police investigating car crash that sent one driver to Shands
- 2013 Hurricane Season Ends, Only One Storm Makes Landfall
- Gas Prices Lower
- Gas Prices on the Rise