Shell Executive Links Gas Prices to Shortage of Refining Capacity


Shell’s top exec­u­tive says America’s gas price sit­u­a­tion has been years in the mak­ing and blames the nation’s short­age of refin­ing capac­i­ty rather than oil com­pa­ny prof­i­teer­ing. Any event has an impact because refiner­ies are run­ning close to 100% capac­i­ty. US dri­vers must reduce their gaso­line con­sump­tion or see prices con­tin­ue to esca­late.

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