COVID-19 upended energy markets. Demand disappeared and producers scaled back. Now that economies are reopening, and the demand for goods and services is rebounding, the demand for energy all along the supply chain is increasing, driving up not only the cost of the feedstocks and fuels refineries and petrochemical manufacturers use, but also the cost of the energy used at every step of the supply chain.
Pundits and politicians often frame energy technologies like solar generation and liquid fuels as competitors, not companions. But a visit to Flint Hills Resources’ Pine Bend refinery might change their minds.