• 4 minutes Permian in for Prosperous and Bright Future
  • 7 minutes Amount of Oil Usage in the United States
  • 10 minutes America Could Go Fully Electric Right Now
  • 52 mins Kalifornistan, CO2, clueless politicians, climate hustle
  • 2 mins JP Morgan Christyan Malek, report this Summer .. . We are at beginning of oil Super Cycle and will see $190 bbl Brent by 2025. LOL
  • 10 hours Something wicked this way comes
  • 2 days US after 4 more years of Trump?
  • 24 hours Tesla Battery Day (announcements on technology)
  • 21 mins Jake Gardner from Omaha wrongly charged with murder while protecting his business from rioters. . . . . . Kills himself
  • 1 day Why NG falling n crude up?
  • 2 days Ten Years of Plunging Solar Prices
  • 3 days Famine, Economic Collapse of China on the Horizon?
  • 3 days .
California To Ban Sales Of Gasoline Cars By 2035

California To Ban Sales Of Gasoline Cars By 2035

California’s Governor, Gavin Newsom, signed…

Why Natural Gas Prices Are Set To Soar

Why Natural Gas Prices Are Set To Soar

After years of low natural…

Pennsylvania Willing To Let Shuttered Oil Refinery Die

The Pennsylvania government will not finance the recovery of the largest refinery on the U.S. East Coast, which suffered a devastating string of explosions late last month.

“The administration does not plan expending any funding to maintain the site as a refinery,” the Pennsylvania Governor’s spokesman said in a statement quoted by Reuters.

Philadelphia Energy Solutions’ refinery complex has a total refining capacity of 335,000 bpd and is the largest such complex on the U.S. Eastern seaboard, according to PES’s website. The explosions rocked the facility an early morning on June 20th.

It was  the second fire in a month at the same refinery complex. On June 10, a fire broke out at the Philadelphia Energy Solutions Refining Complex, affecting the facility’s 50,000-bpd catalytic cracking unit.

At the time of the second fire, deputy fire commissioner Craig Murphy, a vat of butane ignited and eventually exploded, according to a report by NBC Philadelphia. The fire spread through the pipes in the complex, causing a series of smaller explosions. However, the cause has not yet been established categorically and the investigation is ongoing. It could take several months to finalize.

Justifying the Governor’s decision to not spend money on repairing the facility, spokesman J.J. Abbott said, “In addition to the damage to the facility, there are outstanding questions about safety and contamination. Furthermore, the facility faces competitive challenges against more modern refineries that would be extremely costly and difficult to overcome.”

That’s a marked departure from the last time the PES refinery was threatened by a shutdown, less than a decade ago. At the time, Reuters recalls, both city and state politicians agreed to provide support for the refinery and keep it running. Now, employees blame the Governor for letting the refinery shut down, which, they say, would cost not just the loss of jobs but also tax revenues.

Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment
  • Larry Rasczak on July 11 2019 said:
    As a Houstonian and a Texan, I fully support the decision of the Penn. governor. If Penn. wants to send good paying jobs and skilled workers to Texas, AND cause gasoline prices for the entire east coast to rise, more power to him!!

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News