Oil Refiners May Violate Credit Agreements as U.S. Fuel Demand Sputters

Full story: Bloomberg Business News

U.S. refiners may fail to meet financial requirements of their credit agreements later this year as slumping fuel demand erodes the profitability of making gasoline and diesel.

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Crude Oil Trader

Fresno, CA

Is this a potential problem for the financials? They are already a ponzi scheme, this combined with commercial real estate could create another round of "government intervention".

Ray @ The Crude Oil Trader
http://crudeoiltrader.blogspot.com

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