Daniel Yergin on Oil


Last quote by Daniel Yergin on Oil

The whole logistics of the global industry has changed dramatically over the last decade. There are refineries in China that depend on U.S. crude oil. U.S. refined products go to Latin America. The U.S. exports distillates to Europe. There has to be somebody at a refinery to receive oil from the Permian or Eagle Ford shale. If refiners aren't operating, that's going to back up.feedback
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Aug 30 2017
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