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Cake day: August 16th, 2024

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  • But if the refinery’s diesel hydrotreater unit was damaged, that could likely exacerbate the prices of diesel and jet fuel, which have already gone up because of the Iran war… Even without the ongoing conflict in the Middle East, the lack of production from this plant due to a fire would still affect diesel and jet fuel prices as it would “have a huge impact on the amount of diesel that gets into the marketplace,” Krishnamoorti said. But the war will make the impact worse, he added.

    Most goods in the U.S. are moved by trucks that run on diesel, and increased transportation costs will eventually be felt by consumers, Krishnamoorti said.

    Effective attack, assuming it was.