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" ... One major concern is the potential for the virus to deter summer vacations, which is often a bulwark of oil industry profits, as higher demand for gasoline and jet fuel tighten markets and improve refining margins. In the 2000s, the impact of the rise of staycations, where people avoided long distance trips because of high prices, was offset for the integrated companies which were receiving record high prices for crude. Now, both upstream and downstream will be hit and hit hard if the public decides “there’s no place like home.” Granted, propane sales should benefit with more barbequing but that’s small comfort. ... "