Hugh Daigle

👤 Speaker

6 total appearances

Appearances Over Time

Refineries brace for crude drought

You have to build the infrastructure.

Refineries brace for crude drought

You need the desulfurization infrastructure there.

Refineries brace for crude drought

And that takes a long time.

Refineries brace for crude drought

And more importantly, it takes a lot of capital investment.

Refineries brace for crude drought

The easiest way to move crude oil around domestically, obviously, is in pipelines.

Refineries brace for crude drought

There's not a lot of pipeline infrastructure to get from Texas to California, believe it or not.