American refiners and oil and gas operators expect strong demand for fuels and energy through the remainder of the year, despite analyst concerns in recent weeks that demand could take a hit with a possible recession or demand destruction. The firms’ short-term views on the market are generally brighter than most analysts’, according to a Reuters review of earnings calls. “It’s still a strong environment for gasoline compared to historical levels,” Kian Hidari, an analyst at Tudor, Pickering, Holt and Co, told Reuters. “Permian Basin volumes continue to be strong, and Permian Basin inlet volumes remained at or near record highs. We are utilizing the Permian Bridge daily to optimize our available processing capacity as well as increasing our processing capacity in the area to accommodate incremental demand we are seeing,” Energy Transfer’s Vice President and Chief Financial Officer, Tom Long, said on the earnings call last week. “We […]