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US gets first new oil refinery in 50 years but it will come too late for Bitcoin

President Donald Trump's announcement of the first major new US oil refinery in nearly 50 years arrives as gasoline prices have become a political problem and energy has turned inflationary again. The Brownsville project is being pitched as an industrial revival and consumer relief. Still, the sharper question is whether a refinery that won't produce […] The post US gets first new oil refinery in 50 years but it will come too late for Bitcoin appeared first on CryptoSlate.

US gets first new oil refinery in 50 years but it will come too late for Bitcoin