RE:RE:RE:RE:RE:RE:GLTALongs. Burn the shorts. Still low share price. On sale!!"Concerns about a recession and tomorrow's meeting between US oil industry representatives and US President Biden are being cited as the reasons for the renewed price slide. Biden had harshly and publicly criticised refineries last week, accusing them of producing too little gasoline and taking advantage of the record-high crack spreads to pocket profits at the expense of car drivers. A number of market participants clearly believe that the oil industry will comply with Biden's wish and expand the supply of gasoline significantly. The fact that this will hardly be possible given the limited spare refining capacities is another matter," Commerzbank analyst Carsten Fritsch said in a note.