Mid sized oil refinery exploded in NOLA yesterday, Cause is still unknown. Not a major refinery. Expect oil prices to be volatile.

    https://www.nola.com/news/chalmette-refinery-fire-explosion/article_a076d78f-3e99-40bf-b551-5ce71092e419.html

    Posted by DollarBillAxeCap

    8 Comments

    1. WTI goes down somehow. It is obvious what is happening. Prepare for the summer energy lockdowns.

    2. Ok-Lobster-919 on

      Maybe they’re running at a capacity that they are not used to running, and tried to bring some old / isolated equipment online but some isolation valves failed years ago or something creating an explosive environment.

    3. GreenTrees797 on

      Do these explosions actually happen regularly are are Americans just more inept recently?

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