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Oil Refiners Are Quietly Printing Money. This Company’s Earnings Jumped 975%

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FOMOGRAM Editorial Desk
Aug 5, 2026
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Oil Refiners Are Quietly Printing Money. This Company’s Earnings Jumped 975%
EXECUTIVE SUMMARY

Gasoline prices are punishing drivers at the pump while a handful of companies are posting the most profitable quarters in their histories, and the structural reason this keeps happening has nothing to do with luck or crude oil prices.

Gasoline prices are punishing drivers at the pump while a handful of companies are posting the most profitable quarters in their histories, and the structural reason this keeps happening has nothing to do with luck or crude oil prices.

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