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Politics : Rat's Nest - Chronicles of Collapse

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To: Wharf Rat who wrote (6143)	7/4/2007 11:03:59 AM
From: Wharf Rat	Read Replies (1) of 24225

Analyst: Refinery Closure to Hike Prices Midwestern states that depend on fuel supplies from a flooded refinery in southeast Kansas will see some of the highest prices in the nation for gasoline and diesel this summer, industry experts said. "It is really bad timing, it is bad luck. ... For all intents and purposes it looks like that refinery is not going to be contributing any gasoline or diesel fuel for the rest of the summer," said Tom Kloza, publisher and chief oil analyst at the Oil Price Information Service. Kansas Fuel Sellers Seek Waiver; Refinery Flood Tightens Supply Kansas fuel marketers are seeking a temporary waiver from truck-driving regulations to boost supply in the region following the shutdown of Coffeyville Resources LLC's oil refinery. Cost of gas may rise after flooding The flooding in southeastern Kansas may mean higher prices at the gas pump for drivers in most Midwestern states. But analysts disagree over how much prices will rise after floodwaters closed the Coffeyville Resources refinery. Plains States Feel Supply Pinch Most After Refinery Flood Fuel sellers north of Kansas are expecting to feel their supply pinched in the days ahead as the fallout from a flooded oil refinery reverberates throughout the regional market. While the full effect of Coffeyville Resources LLC's refinery shutdown has yet come to pass, some states have more to worry about than others. The Plains states have seen the plants they traditionally rely on for fuel suffer repeated breakdowns this year, depleting the region's cushion of oil-product inventories. Officials in neighboring Oklahoma and Missouri, meanwhile, are more confident about getting gasoline and diesel. link to stories @ theoildrum.com

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