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this post was submitted on 26 Nov 2024
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Two problems with your suggestion: 1)not enough truck drivers, nor trucks to move that kind of volume (this has existed for nearly 2 decades and getting worse - google it). 2) refining CAPACITY isn't sufficient or they would already be doing what you're suggesting. Upgraders, refiners are UBER EXPENSIVE to build, and NO CAPITALIST is investing in new refining capacity for the last 10 years. This is why most of the refining is done where it's already built.
It all depends on upgrader capacity, port/ship capacity and, above all, what the actual profit margins are and how much of a loss our companies can take for how long.
If you want to do that research, please do share. I might just myself.