[Bonemaker]

Good...let’s see how those democrats like it without the hated fossil fuels!

[OttawaFreeper]

I’ve wondered if this is something else Trump should address, since if my memory serves me correctly, that no new refineries have been built since 1975 (due to government policy).

[EEGator]

So gas prices are going up?

When’s the last time we built a refinery?

[vette6387]

Couldn’t happen to a “nicer part” of our country.

[Roman_War_Criminal]

Soros sponsored terrorism!

He’s personally financing the tens-of-thousands of illegal aliens to invade Western Nations to bring about his Globalist Government.

I bet he had a say in forcing the closure of this refinery as well. Make America Bow down to the NWO.

That man has a special place in hell for eternity. He just doesn’t know it yet.

[eyeamok]

Philadelphia is GOING GREEN!!!, Let’s hope they freeze to death in the name of Global Warming

[marktwain]

Developers have been trying to build a refinery near Yuma, for 30-40 years.

Even under Bush, they were unable to make it happen in a location that was close to ideal.

I own property near the site, and have been angry that the deep state is able to stymie the much needed refinery.

[Billthedrill]

Somebody asked me some time ago why Venezuela or Iran doesn't build another refinery, so I looked it up. Capital outlay is between 5 and 15 billion-with-a-b dollars and the plant requires 200 MW of electricity. (It's that last consideration that doomed Venezuela). Low margins and prohibitive regulation - literally, the regulations are there not to protect the environment but to discourage refineries altogether - make it a losing proposition in the United States. The cost of the new NWR Sturgeon refinery in Alberta has ballooned to $9.3 billion and may end up losing money, although part of that is due to construction delay and the fact that the taxpayers are going to have to pay interest on the loans before the thing is complete. Expensive business.

[DoughtyOne]

We need more refineries, now fewer.

This is not good.

[rigelkentaurus]

Almost every US Refinery has expanded capacity and add additional processing over the past 50 years. A number of them are expanding right now. Economy of scale is at work, it is much better for a company to expand an existing Refinery than build a brand new one.

If building a new one, it is not just the cost of the Refinery, which is huge. It is training a new workforce, getting new pipelines and dock facilities established, tank farms and distribution, electrical supply, steam supply. Then there are the availability of contract workforce for turnaround maintenance.

[Sir Napsalot]

>>> In fact, the government had to forgive Philadelphia Energy Solutions some relief on some renewable energy credits they were forced to buy, that the company said helped drive them into bankruptcy in the first place.

Did it help PES on the public relation with Greenies?

No. They are still being viewed as ‘Big Oil’ lumped with “Big Pharma” as public enemy #2 (Trump is #1).

[PGR88]

Anyone out there who really understands the refinery business?

How can any firm be “struggling” when no new refineries are being built, an oligopoly controls the US market, in local markets they have near monopolistic power, the barriers to new competitors are extremely high, and they can pass high government regulatory costs completely on to the consumer?

Someone help me understand this please.

[Deaf Smith]

The refinery was required to buy two sets of credits?

*Renewable Energy Credits &

*Renewable Fuel Credits?

[rktman]

Some may say: “So what. With all those brand new modern refineries coming on li........... Oh, there AREN’T any new refineries. Well at least we have wind and solar to make up the............. Oh, you CAN’T make plastics from wind by products?”

[Chode]

i remember when the EPA told Hovenza on St.Croiz they had to spend $1.4BILLION to upgrade their plant, Hovenza said...

and closed the plant!

[Albion Wilde]

Ping!