Last year a dozen refineries were closed in US due to Covid and low demand. Those are permanently closed. Now we have a spike in demand with less refining capabilities. You do not increase production overnight. Where is your solution?
adi-analytics.com/2020/11/22…
Price increases have been the result of inflation caused by pandemic-related demand.
The pandemic has caused supply lines to slow, causing bottlenecks and delays which have given companies a lot of trouble trying to fill their high rates of demand