New refineries set to come online could cut refiner stocks, gas prices – Barron’s


Oil and Gas Industrial zone,The equipment of oil refining,Close-up of industrial pipelines of an oil-refinery plant,Detail of oil pipeline with valves in large oil refinery.

Rangsarit Chaiyakun/iStock via Getty Images

Refining stocks have run higher this year, thanks to soaring demand for gasoline and diesel and a relative shortage of the products around the world, but next year could be different, according to Avi Salzman of Barron’s.

Two long-delayed refineries

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