Oil refiners are making historic profits.

The 3-2-1 WTI refining margin is up to a record $59 per barrel.

This is a key metric of how much profit refiners generate from turning crude oil into fuels like gasoline, diesel, and jet fuel.

Refining margins have nearly tripled since the start of 2026.

By comparison, this metric average ~$10 per barrel between 1985 and 2021 and never exceeded $30 per barrel during the 2004-2008 refining boom.

The surge reflects a severe shortage of global refining capacity, as the Iran War, attacks on Russian refineries, and lower fuel exports have tightened supply.

As a result, an estimated ~10% of global refining capacity, or ~8 million barrels per day, is offline, keeping gasoline, diesel, and jet fuel prices elevated even with crude oil trading ~$40 per barrel below its March high.

World refiners are cashing in on a tightening oil market.

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Trump on Iran: "We're going to hit them very hard tonight. We're going to hit them very hard tomorrow night. We're going to hit them very hard the night after... We're going to knock out all their power plants, we're going to knock out all their bridges, unless they get to the table and negotiate."

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JUST IN: China's economy records its weakest growth in over 3 years

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This is actually great news for red states.

The beauty of federalism is that states compete on energy costs, taxes, and regulations, so the places that keep power cheap and rules sane pull in the data centers, the construction jobs, the tax base, and the long term edge in the AI buildout.

The states that keep tying themselves in knots over every activist demand and falling victim to CCP psyops pushing anti-energy and anti-development narratives will just keep losing capital to somewhere that actually wants to win.

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— Smoke columns rise over the Iranian city of Chabahar following a US strike

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Footage shows the view from inside a train as it becomes surrounded by raging wildfire flames near Armstrong, Ontario

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GM

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There is no rule saying women have to wear the bikini style shorts. The rules for track and field say only that clothing has to be clean, not transparent, and must not block the view of the judges.

Women wear the tiny shorts because they choose to.

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They're trying to take the winter Olympics PAWGs from us

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Never forget

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We're blockaiding India so our memes can pump

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