Posted on 06/26/2019 5:07:56 PM PDT by Roman_War_Criminal
PHILADELPHIA (Reuters) - Philadelphia Energy Solutions (PES) will seek to permanently shut its oil refinery in the city after a massive fire caused substantial damage to the complex, the company confirmed on Wednesday, a day after sources told Reuters about the plans.
“The recent fire at the refinery complex has made it impossible for us to continue operations. We are grateful that the fire resulted in only a few minor injuries,” PES CEO Mark Smith said in a statement. “We are committed to an orderly process to safely wind down our operations.”
Shutting the refinery, the largest and oldest on the U.S. East Coast, will cost hundreds of jobs and squeeze gasoline supplies in the busiest, most densely populated corridor of the United States. Smith, in his statement, said the company will “position the refinery complex for a sale and restart,” though such a process would probably take years and face community opposition.
(Excerpt) Read more at reuters.com ...
Score one for the fossil fuels anarchists, seems like. Expect more of this in the future. Wouldn’t surprise me.
Killing cities from the inside out, soros approves.
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