Andy Lipow

“not solve the basic problem which is how to increase production at refineries which are damaged in the Middle East or Russia, and operating at capacity in the USA,”

Andy Lipow · said date not stated · reported 2026-10-15

Lipow said the IEA release does not address the underlying problem of increasing production at damaged or maxed-out refineries.

“A release of 100 million barrels of diesel fuel over four months would essentially replace Russian exports which have been banned as Ukrainian drone strikes have severely reduced Russian refining capacity,”

Andy Lipow · said date not stated · reported 2026-10-02

Oil analyst Andy Lipow said the release could help smooth over recent supply disruptions caused by reduced Russian refining capacity.

“A release of this magnitude could temporarily reduce diesel prices by 25 cents per gallon but does little to increase refinery capacity to produce more.”

Andy Lipow · said date not stated · reported 2026-10-02

Lipow said at the gas pump that a release of this magnitude could temporarily reduce diesel prices but does little to increase refinery capacity.

“Both increase in the WTI crude price, along with the increase in the treasury yield, are bad news for the consumer,”

Andy Lipow · said date not stated · reported 2026-09-15

Lipow said the combination of higher WTI crude prices and rising Treasury yields is bad news for consumers.