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Refiners “are taking a big risk” amid the two active wars affecting oil prices, according to Sunoco Board Chairman Ray Washburne, who says “if prices drop, they will be very exposed.” “The oil traders are looking out and thinking there is going to be a resolution within the next... show more

Face The Nation

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13,592 views • 7 days ago •via X (Twitter)

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6 Comments

David7 days ago

@CBSNews Donald Trump is deliberately destabilizing America before Russia Strikes. We will not see the price of oil drop and we will not see Iran bow down to Donald Trump who created war in his own dementia ridden mind with lies .

🌻 Dumfounded 🤯7 days ago

Curious, what basis does Washburne have for stating that while Russian refinery production is currently at 40%, it will come back online shortly?

Polaris7 days ago

Malarkey, with USA UBI oil will rise and the STROM economy will be ebullient and we expect DOW 75k by New Years Day. They are forming a trade by espousing cheaper oil which a fallacy. Designed to help himself and there investor friends politically and financially. UBI is the biggest economic event in US history. So be careful of their positioning. Wells Fargo

Michal7 days ago

Watching F the N and all the Sunday news shows is a terrible way to start the week. The Republican stuttering and stammering and their all-out-lies leave me revolted and disgusted. A huge fog horn should be placed on set and blasted after each lie or obfuscation. 🫨 📢

Steven Bonomo Jr7 days ago

Oil refineries I've seen in Illinois are very outdated. Noxious fumes plus not much choice of how much of each product is obtained. Any redesign for the process and equipment?

Steven Bonomo Jr7 days ago

SecTreas having a blast playing SecWar. But who is running his real Department?

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