Refiners are going to have to start doing S/D & T/A that make sense and take them during peak product demand periods simply because they dont have anyone running economic LP models that understand losses from Full cost that over-ride marginal economic product margins. And the reason is that 4Q & 1Q weather is going to stay brutal/limit T/A work for next couple cycles which means 2Q & 3Q production / inventory builds need be pushed….. Especially if 2nd Iceland Volcano goes & the El Nino shows up as expected (Solar Min part perfect storm is already in play).
Here is Good article about link between Iceland Volcanic Ash, Solar Cycle Minimum & El Nino triple impact that is based on Good science for change instead of usual Global Warming Junk Science. The GW environmental crowd are quick to jump on any extreme weather condition as proof of GW instead they are usually a repudiation based on real facts. So just in case you havent made the connection to all the bad winter weather to Iceland volcano & weak Solar cycles – read article & look at the links.
Also there are some other good article links that show Glaciers are really growing & pictures volcano eruption and charts on many of forces mentioned below.
1) Winter of 2011 and Beyond.. New Ice Age Upon Us? Sep 2010
http://www.liveweatherblogs.com/prometweatherblogs/12/2/3447/Winter-of-2011-and-Beyond..-New-Ice-Age-Upon-Us–
2) Wikipedia -Year without Summer
http://en.wikipedia.org/wiki/Year_Without_a_Summer
3) GLobal Cooling: What happens if the (second) Iceland volcano blows?
http://content.usatoday.com/communities/sciencefair/post/2010/03/global-cooling-what-happens-if-the-iceland-volcano-blows/1
Regards
