I’m just guessing here but I have a suspicion that the refineries on the Gulf of Mexico coast don’t have capacity and would idle, rather than continue to produce without anywhere to send or store it. It’s not always a throttle that can be adjusted, it may be an on/off kind of thing.

USA released most of their reserves when kegsbreath launched a war to close the Strait of Hormuz and I guess now they’re feeling the pressure.