I show 75,400 bbl/day crude capacity.
Is this right ?
If the refinery is extremely old and outdated, then it should be demolished.
If it can be rehabilitated, the upside potential is massive.
They have found possible oil in the Utica Shale that could change the entire landscape in Western PA and Eastern OH.
In a sane world, the states and feds would control refining and make it a matter of strategic defense and economic development to drill everywhere possible and refine to the point of surplus.
Instead, we’re cutting off our legs and hoping to remain competitive and secure internationally.