this post was submitted on 22 Aug 2023
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United States | News & Politics
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Maybe? I guess it depends on how quickly the competition will step up. I guess one argument is that a refinery could lock out competitors if they're the first to convert in a region, but i don't know how competitive those contracts actually are. I know oil companies fix prices to an extent, so I'm just assuming that refineries are similar. So I guess I'm not optimistic that refineries wouldn't just agree to convert slowly.