Refining bottlenecks are emerging as the next big oil problem as Midd… | HappeningNow.news

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Refining bottlenecks are emerging as the next big oil problem as Middle East skirmishes flare up

American drivers just paid the highest Labor Day gasoline prices ever. Dwindling global refinery capacity is threatening to push prices higher.

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American drivers paid the highest gasoline prices ever on Labor Day, according to recent data. Analysts point to a shrinking global refinery capacity as a key factor that could drive prices even higher. The trend highlights growing bottlenecks in refining infrastructure amid rising demand.

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