September 4, 20206 [ Seeking Alpha ]- The refineries have been operating near maximum capacity to meet surging demand.

President Trump pressed oil executives to build more U.S. refineries as a way to bring down fuel prices at the pump.
 
The refining industry’s response is that new plants are not a profitable proposition.
 
U.S. refinery operators are already taking in record profits.
 
Those earnings are coming during fuel supply disruptions tied to the Middle East.
 
The piece frames the tension as a policy push for more petroleum refining capacity versus an industry that does not see the investment case.

 
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