Thread regarding Chevron Corp. layoffs

US Crude Oil Refinery Numbers

So I read this news story about how US refineries have reduced the amount of crude oil for the first time since 2009. This is the result of lower demand for refined products, such as fuel. Total average daily crude refined production is down from 16.9 mb to 16.5 mb. Not much, but still a hit to downstream profits.

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Why the drop?

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