Dakota Oil Processing https://dakotaoilprocessing.com Where Downstream Meets Upstream in the Williston Basin Wed, 08 Jun 2022 20:20:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://i0.wp.com/dakotaoilprocessing.com/wp-content/uploads/2018/12/cropped-DropImg-Med3.png?fit=32%2C32&ssl=1 Dakota Oil Processing https://dakotaoilprocessing.com 32 32 156252053 Gas prices surge again to record high but the driver is refineries, not oil prices https://dakotaoilprocessing.com/gas-prices-surge-again-to-record-high-but-the-driver-is-refineries-not-oil-prices/ Wed, 08 Jun 2022 20:20:17 +0000 https://dakotaoilprocessing.com/?p=26737 WDC TV NEWS

 

June 7, 2022

One other week, one other report excessive for gasoline costs.  And there appears to be no instant aid in sight…..

Most individuals blame greater oil costs, however the actual driver of upper costs could shock you.  It is lack of refining capability.

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]]> 26737 Refining Becomes Driver of Oil Profits https://dakotaoilprocessing.com/hello-world/ Fri, 21 Dec 2018 20:09:13 +0000 https://dakotaoilprocessing.com/?p=1 Nov. 5, 2018 5:30 a.m. ET

WSJ: From Exxon Mobil Corp. to Phillips 66 , energy companies are reaping banner profits by taking cheap oil landlocked in North America and turning it into fuel.

Tremendous growth in oil output has overwhelmed pipelines and depressed crude prices in some regions of Texas and Canada. That has created a bonanza for companies in a position to take advantage by converting it into gasoline and diesel.

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