• 3 minutes "Biden Is Running U.S. Energy Security Into The Ground" by Irina Slav
  • 6 minutes How Far Have We Really Gotten With Alternative Energy
  • 9 minutes "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 8 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 10 days 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 8 days Energy Armageddon
  • 4 hours "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 4 days "Forget Oil, The Real Crisis Is Diesel Inventories: The US Has Just 25 Days Left" by Zero Hedge - 5 Stars *****
  • 4 hours Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 4 days "The Global Digital ID Prison" by James Corbett of CorbettReport.com
  • 4 days "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 1 day Is Europe heading for winter of discontent with extensive gas shortages?
  • 4 days The Federal Reserve and Money...Aspects which are not widely known
  • 5 days Goldman Betting on Cryptocurrencies
  • 8 days Сryptocurrency predictions
  • 13 days Putin and Xi Bet on the Global South

Oil Refinery Fire Sparks Fears Of A Fuel Shortage In Four States

The federal government declared a regional emergency in the states of Illinois, Michigan, Indiana, and Wisconsin following a fire that broke out at a BP-owned refinery in Whiting, Indiana.

The fire erupted last week and was quickly extinguished but BP said it would need to shut down some units that were affected by the accident. The company is currently assessing the damage to establish when the shut-down units could be restarted.

According to the Department of Transportation and the Federal Motor Carrier Safety Administration, the incident had affected the supply of gasoline, diesel, and jet fuel across the four states, which prompted the emergency declaration. The four states get a quarter of their fuel supply from the Whiting refinery.

The Whiting refinery - the largest refinery in the Midwest and the sixth-largest in the country - is capable of processing 440,000 barrels per day of crude oil.

The refinery is located in PADD 2 - a region that is running at 95.4% of capacity as of August 19, according to the latest weekly EIA data. This is the highest capacity utilization in almost a year, contributing 3.997 million barrels of crude oil per day.

The Whiting refinery can produce 10 million gallons (~277,000 barrels) of gasoline, 4 million gallons of diesel, and 2 million gallons of jet fuel each day; it is capable of producing enough gasoline every day to support the daily travel of 7 million cars, the refinery factsheet claims. 

Under the emergency declaration, the four states will receive the fuel they need from other sources to avoid shortages. The outage has already pushed fuel prices higher in some parts of the affected area. AA data showed that as of this weekend, gasoline prices across the four states ranged between $3.62 per gallon in Wisconsin to $4176 in Illinois.

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News