James48843
TSP Talk Royalty
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After 9 years of planning, permitting and construction, Exxon Mobil is opening a new 250,000 barrel per day expansion of refinery capacity. This is in Texas, and is the first new expansion in years.
The new capacity is supposed to be turned on by the end of January. When it does begin output, that should assist in pricing pressure.
https://finance.yahoo.com/news/exclusive-exxon-prepares-start-1-163315326.html
The new capacity is supposed to be turned on by the end of January. When it does begin output, that should assist in pricing pressure.
https://finance.yahoo.com/news/exclusive-exxon-prepares-start-1-163315326.html
