Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (67214)	8/11/2005 7:00:56 PM
From: Bill/WA	Read Replies (1) of 74559

from the Yahoo airline fuel shortage...could someone explain this... <<Recent refinery outages have helped push oil prices to record heights near $64 a barrel.>> What does refining have to do with the supply/price of crude per barrel. Refining gives you the end product, and to me, a breakdown in refining seems to have nothing to do with the supply of crude. So why would the price of crude increase if the remaining refineries can;t even handle the available supply?

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