Very low inventories of oil products in the United States and a shortage of refining capacity have laid the foundations for an oil shortage crisis in the United States this summer, Paul Sankey, Lead Analyst at Sankey Research, told CNBC in an interview on Thursday.
"I just don't think there's anything the Administration can do about it," Sankey said, referring to the fact that a refinery cannot be built in time to ease the gasoline and diesel crunch.

https://www.cnbc.com/video/202....2/05/19/paul-sankey-