The Closure Of The U.S. Oil Refinery Industry In The Past 2 Years
In 2010, there were 149 operable U.S. refineries
with a combined capacity of 17.6 million barrels (2,800,000 m3) per
day. Something odd started happening in late 2010-early 2011. The US oil refinery industry quielty announced the closure of numerous US oil refineries. Many are completely unaware the US ships
oil overseas to be processed. We do so as we do not have enough
refineries to process the vast amounts here, and we are barred from
building anymore refineries. All refineries perform three basic steps: separation, conversion, and treatment. Pretty simple.
with a combined capacity of 17.6 million barrels (2,800,000 m3) per
day. Something odd started happening in late 2010-early 2011. The US oil refinery industry quielty announced the closure of numerous US oil refineries. Many are completely unaware the US ships
oil overseas to be processed. We do so as we do not have enough
refineries to process the vast amounts here, and we are barred from
building anymore refineries. All refineries perform three basic steps: separation, conversion, and treatment. Pretty simple.
Several reasons include technical and economic factors as to why we ship it overseas to be processed.
1. The crude petroleum is sold to the highest bidder, NOT the nearest bidder
2. There are different kinds of crude oil, such as sweet/light and dark/heavy. They have different applications and uses.
3.
Different kinds of refining processes are needed to make different
products from the crude oil. Petroleum is processed to make lots of
products other than gasoline, like plastics and asphalt.
Different kinds of refining processes are needed to make different
products from the crude oil. Petroleum is processed to make lots of
products other than gasoline, like plastics and asphalt.
4. Politics, unions and the "enviornmentalists"
How many of you are aware Sunoco, ConocoPhillips and The HESS Corp are all closing US oil
refineries? Not many, as the media refuses to give this HUGE story
coverage. My guess is that if Americans understood the complete truth to
how we are being sold out, and enslaved there just might be the much
needed revolution to turn this country around.
refineries? Not many, as the media refuses to give this HUGE story
coverage. My guess is that if Americans understood the complete truth to
how we are being sold out, and enslaved there just might be the much
needed revolution to turn this country around.
Last
September, both Sunoco & CP announced plant closing, effecting
thousands of workers. Sunoco announced they are completely getting out
of the oil industry. Closing up shop. They are done with the US oil industry.
September, both Sunoco & CP announced plant closing, effecting
thousands of workers. Sunoco announced they are completely getting out
of the oil industry. Closing up shop. They are done with the US oil industry.
Sunoco is closing it's 2 oil refineries in July 2012 in Philadelphia and Marcus Hook, Pa. Those 2 facilities alone process over 500,000 barrels a day.
Also
announced last year, ConocoPhillips announcd 2 plant closing for sure
in Trainer, PA and Bayway, NJ., the other 3 plnts are undecided as of
today.
announced last year, ConocoPhillips announcd 2 plant closing for sure
in Trainer, PA and Bayway, NJ., the other 3 plnts are undecided as of
today.
Conoco also announced they were closing their Alaskan refining facility:
Valero also announced in late 2011 the closure of US oil refining facilites, costing numerous jobs, and the loss of 210,000 barrels of oil per day:
Just a week ago, the US 3rd
largest oil refinery owned and operated by The HESS Corp just announced
it's permanent closure. Costing over 2,000 jobs, and effecting 950
contractors:
largest oil refinery owned and operated by The HESS Corp just announced
it's permanent closure. Costing over 2,000 jobs, and effecting 950
contractors:
Refineries on the East Coast of the US supply 40% of the gasoline sales and 60% of the diesel and other fuel oils.
Of that, HALF that comes from the Sunoco & ConocoPhillps plant closures.
When
ConocoPhillips announced that it was closing the Trainer refinery,
Willie Chiang, then ConocoPhillips' Senior Vice President of Refining,
Marketing, Transportation and Commercial, noted that their decision to
sell, like Sunoco's, was based on unfavorable economics caused by a
competitive and difficult market environment characterized by
"...product imports, weakness in motor fuel demand, and costly
regulatory requirements."
ConocoPhillips announced that it was closing the Trainer refinery,
Willie Chiang, then ConocoPhillips' Senior Vice President of Refining,
Marketing, Transportation and Commercial, noted that their decision to
sell, like Sunoco's, was based on unfavorable economics caused by a
competitive and difficult market environment characterized by
"...product imports, weakness in motor fuel demand, and costly
regulatory requirements."
They
are ALL closing up shop due to gov regulations, union demands and
excessive operating costs brought on by the Gov regulations.
are ALL closing up shop due to gov regulations, union demands and
excessive operating costs brought on by the Gov regulations.
Then you have the unions, led by Barry's buddy Leo Gerard saying they will clsoe ALL US oil refineries starting from the east coast to west coast today.
The
unions are shutting down ports, rail and air across the pond right
now......the SAME EXACT thing they plan on doing here. When the ships
stop importing, the rails & air stop delivering....how much is
everything you consume gonna cost? Remember...we are a CONSUMING
country, no longer a producing one.
unions are shutting down ports, rail and air across the pond right
now......the SAME EXACT thing they plan on doing here. When the ships
stop importing, the rails & air stop delivering....how much is
everything you consume gonna cost? Remember...we are a CONSUMING
country, no longer a producing one.
The excessive and costly gov regulations on the US oil refinery market has forced companies to re-evaluate the cost of doing business in the US.
Why have operations in the US where you bleed money via regulations & demands, when you can have refineries built in Columbia, Mexico or Brazil for pennies on the dollar, and less regulations?
It's all business America...nothing personal.
Besides.....your gov is giving BILLIONS to Columbia and Brazil to build refineries to process all that oil the US is losing.
We are building up every country on earth, while destroying our own....all in the name of redistribution of wealth.
I covered some of these "deals" Barry inked in my previous note:
You do the math. When the US oil
refineries finally close up shop, who will process all that oil....and
how much do YOU think that oil will cost when it's ALL processed over
seas?
refineries finally close up shop, who will process all that oil....and
how much do YOU think that oil will cost when it's ALL processed over
seas?
Think gas and energy costs are high right now.......wait 6 months. You haven't seen anything yet.
can anyone expect any company to do business with an anti-American,
hostile gov out of control? You can't. That is why we are seeing a mass
exodus, across the board in every industry in the US LEAVING.
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