Gas prices expected to jump this summer on refinery constraints [Yahoo! Finance]
BOK Financial Corporation (BOKF)
Last bok financial corporation earnings: 4/22 07:55 am
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Source: Yahoo! Finance
"US retail gasoline prices will average about $3.70 per gallon for the summer driving season, which runs from May to September when the United States will have 3%, or 620,000 barrels per day less refinery capacity compared with the 2019 peak," said a recent Energy Information Administration report. Andy Lipow of Lipow Oil Associates says over the last several years the refining industry has shut down about 7% of its capacity. "Refineries are getting older, they may have to spending significant amounts of money replacing large pieces of equipment nearing the end of its useful life," noted Lipow. Gas prices rose in April amid refinery interruptions, putting upward pressure on consumer prices last month even as overall inflation eased. However, prices at the pump have stabilized from their peak, and ticked slightly lower in recent days. On Thursday the national average for gasoline stood at $3.60 per gallon, down $0.04 from one month ago, according to AAA data. The average price
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BOKF
Earnings
- 10/21/24 - Beat
BOKF
Sec Filings
- 11/7/24 - Form 4
- 11/4/24 - Form 8-K
- 10/30/24 - Form 10-Q
- BOKF's page on the SEC website