Volatility in U.S. Refining Operations and Its Impact on Energy Investment Strategy
The U.S. refining sector is experiencing a surge in operational volatility, driven by unplanned shutdowns, regulatory pressures, and aging infrastructure. Recent disruptions at Citgo, Phillips 66, and Valero refineries in Texas and California highlight the fragility of refining hubs and underscore the need for investors to prioritize assets with robust environmental and operational safeguards. These incidents not only strain supply chains but also amplify refining margins, creating both risks and opportunities for energy investors.
Operational Risks in Texas Refineries
Texas, a cornerstone of U.S. refining capacity, has seen a string of operational hiccups. Citgo’s Corpus Christi East refinery faced an unplanned shutdown of its…
