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Not quite golden: 'Silver age' for oil refiners here as production maxes out [USA TODAY]

PBF ENERGY (PBF)  More Company Research Source: USA TODAY
Last pbf energy earnings: 8/2 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.pbfenergy.com
PDF Skip in Skip x Embed x Share CLOSE Puerto Rican officials could not communicate with more than half the towns in the U.S. territory as the massive scale of the disaster wrought by Hurricane Maria started to become clear. AP (Photo: Getty Images) 1 CONNECT TWEET 33 LINKEDIN COMMENT EMAIL MORE Refining margins jumped after Hurricane Harvey, due to the sudden disruptions of a significant chunk of the world’s refining capacity. In fact, the outages highlight how tight global refining supply actually is — with limited spare capacity, there’s not much room for error. The disruption of about a quarter of U.S. refining capacity led to a spike in the share prices for refiners unaffected by the Hurricane. Refining margins have soared and demand for gasoline has spiked, incentivizing refiners around the globe to ramp up operat [Read more]

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