US refiners in harm’s way if Trump blocks Saudi oil

Published April 26, 2020 4:00am ET



President Trump has spent significant political capital during the coronavirus pandemic tending to the wounds of shale oil producers, but refiners who transform the crude into fuels for consumers are suffering as well.

Refineries, with no demand for their fuel, are already operating at about 30% lower capacity than what they usually do, and some have shut down operations completely.

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