Posted on 11/23/2016 2:25:53 AM PST by Dacula
A Houston company is looking to pump $500 million into South Texas to create the largest new refinery in the U.S. in nearly 40 years.
The facility — located in the southwest corner of Duval County off of Texas Highway 359 — will be able to process up to 50,000 barrels of Eagle Ford shale light crude oil a day, and will have up to 4 million barrels of available storage, the company said in a news release.
Raven Petroleum says it will produce diesel, jet fuel, naphtha, gasoline, and liquified petroleum gas products to be exported via rail and possibly pipeline to Mexico. A section of Kansas City Southern Railroad line bisects the 832-acre property.
The project is slated to begin by the third quarter of 2017, and Raven Petroleum estimates construction could be completed by the end of 2018.
Nice!
Yeah baby and I feel old. I worked on that one in ‘77-79
Finally!
Good, because you aren’t EVER going to run a freight locomotive on solar/wind. Just ain’t gonna happen.
Never understood the whole export our oil, then import foreign oil just for the sake of trade.
Already Making America Great!
TRUMP EFFECT!
I have been wondering for years what our country was going to do about the state of our refineries.
Refineries aren’t romantic or glamorous, but critical to our energy needs, and from what I know, we not only haven’t built any new ones, but operate the ones we have so close to the margins of operability (not shutting them down for overhaul or repair because we don’t have enough excess capacity to do so and maintain production overall) that the state of the facilities is a mess.
How they they ever get it approved with all the environmentalists who hover over these things like flies on a week old cow carcass?
Once we are energy independent isn’t it better to export the refined product rather than crude?
A 5 year project, modernizing the oldest refinery in the US.
At the time they said it was equivalent of building the US' 7th largest refinery inside the US' 4th largest refinery.
Largest construction project going on, in the US, at the time.
At one time there were 15,000 guys working on the plant.
The 5 year project cost $3.8 billion and increased production by 260,000 barrels a day.
Different oils serve different purposes.
It’s what you make from them.
http://oilprice.com/Energy/Crude-Oil/A-Detailed-Guide-On-The-Many-Different-Types-Of-Crude-Oil.html
Units at refineries are routinely shut down for maintenance.
Just finished one such shut down at the Whiting refinery, on Monday.
5 units were shut down at the same time.
Though we have less physical refineries, than we had 20 years ago, our refining capacity has increased.
Hardly.
You don't pull a project of this size and scope out of your a$$ and say "build it".
It's been in the works for years.
ESPECIALLY in getting EPA permiting.
Ah...I had often read that the refineries are operating at higher and higher capacities (75-90%) so it is much more difficult to bring down capacity to do any kind of major maintenance.
Thanks for the info...I used to get a lot of info from a Freeper (dang I forget his name now) but he seemed to have a solid knowledge of the industry, and he stopped posting a while back...our loss, I think.
That was Thackney.
Yes he was very informed of the industry.
Taught me a thing or three.
Yes, he stopped posting a while back and it is our loss.
I hadn’t noticed the Whiting turnaround was complete. Good news!
-—The 5 year project cost $3.8 billion——
Which I take to mean the Raven refinery at $500 million is not a really big effort
Yes...Thackney. Funny, when on the Internet, you run into a lot of “experts”, and it is difficult sometimes to tell if someone really knows, or if they are a typical Internet Expert.
If you know a lot about a subject, you can tell, but if you don’t...you have to figure it out somehow.
With Thackney, I don’t recall ever asking him if he worked in the industry, but every comment he made just rang of the truth (or at least knowledge) to me.
EPA permitting, indeed.
I have often wondered how much technology since the sixties or seventies may have changed the refining business (since I recall our last major one was built in the mid-seventies?) or how much of it is still pretty much the same in respects, or how much productivity or reliability has been improved.
Or how much technology has allowed the industry to either meet or get around the walls placed by the environmentalists.
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