Author Topic: Philadelphia refinery to shut down  (Read 1045 times)

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Offline thackney

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Philadelphia refinery to shut down
« on: June 26, 2019, 08:50:30 pm »
Philadelphia refinery to shut down
https://www.ogj.com/refining-processing/article/14035426/philadelphia-refinery-to-shut-down
Jun 26th, 2019

Philadelphia Energy Solutions LLC (PES) plans to shutter its combined 335,000-b/d refining complex in Philadelphia following a massive explosion and ensuring fire that broke out early June 21 at the site (OGJ Online, June 21, 2019).

The refinery will formally shut down within the next month, Philadelphia Mayor Jim Kenney said on June 26.

“We will immediately convene a group of City and quasi-governmental organizations to discuss the economic and employment impacts, and what the City is able to do in response,” Kenney added.

Additionally, Kenney said his department also is retooling plans of the working group led by the city’s managing director and fire commissioner to focus efforts on determining the future of the refinery, assisting PES to transition the site safely, communicating with local residents, and supporting the employees impacted by PES’s decision.

"Should [PES] pursue a permanent shutdown of the plant, increased imports of clean products into the region will be necessary to meet demand,” said Marc Amons, Wood Mackenzie’s senior research analyst for North America refining, following the mayor’s announcement.

"With 335,000-b/d of crude processing capacity, the Philadelphia refinery is a major supplier of gasoline and diesel into US East Coast markets, yielding approximately 125,000 b/d of gasoline and 110,000 b/d of diesel,” Amons noted.

"The US Gulf Coast will remain a key supplier of refined products with supplemental gasoline imports from Europe likely needed to replenish lost production from the facility....
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Offline Joe Wooten

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Re: Philadelphia refinery to shut down
« Reply #1 on: June 27, 2019, 01:12:54 am »
They will regret forcing this closure.

Offline thackney

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Re: Philadelphia refinery to shut down
« Reply #2 on: June 27, 2019, 11:45:04 am »
In 1866, one year after the end of the Civil War, Atlantic Petroleum Company established its operations at Point Breeze along the Schuylkill River below Passyunk Ave. Four warehouses were built, and those could store 50,000 barrels (2.1 million gallons) of refined oil product, mostly kerosene used as lamp oil to light the homes and businesses in the growing city. (Remember that the automobile had not yet arrived on the scene, but when it did, it was probably powered by ethanol.)

Atlantic also built docks and railroad trunk lines to connect with the new refineries in Western Pennsylvania that were established after oil was discovered in Titusville, PA, in 1859. Atlantic installed its first petroleum refining units in 1870, changed its name to Atlantic Refining Company and soon became Philadelphia’s largest employer. Right after the turn of the century, Atlantic introduced the first fractionating tower, which would radically alter and improve the way oil would be refined.

Around 1908, Henry Ford announced the arrival of the Model T, making it increasingly practical for the “average person” to own his own car. By 1915, the gasoline being manufactured at Point Breeze was being sold from a gas station using a pump. In 1918, “Fighting Red” – a superior-grade aviation fuel – was also being produced at Point Breeze and utilized by the Allies in World War I....

https://pes-companies.com/refining-complex/history/
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Offline thackney

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Re: Philadelphia refinery to shut down
« Reply #3 on: June 27, 2019, 11:48:00 am »
They will regret forcing this closure.

It is just tough for them to compete without a crude oil pipeline to the refinery and the Jones Act limiting water transport.

https://pipeline101.org/where-are-pipelines-located
« Last Edit: June 27, 2019, 12:07:36 pm by thackney »
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Offline IsailedawayfromFR

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Re: Philadelphia refinery to shut down
« Reply #4 on: June 27, 2019, 01:23:52 pm »
Philadelphia refinery to shut down
https://www.ogj.com/refining-processing/article/14035426/philadelphia-refinery-to-shut-down
Jun 26th, 2019

Philadelphia Energy Solutions LLC (PES) plans to shutter its combined 335,000-b/d refining complex in Philadelphia following a massive explosion and ensuring fire that broke out early June 21 at the site (OGJ Online, June 21, 2019).

The refinery will formally shut down within the next month, Philadelphia Mayor Jim Kenney said on June 26.

“We will immediately convene a group of City and quasi-governmental organizations to discuss the economic and employment impacts, and what the City is able to do in response,” Kenney added.

Additionally, Kenney said his department also is retooling plans of the working group led by the city’s managing director and fire commissioner to focus efforts on determining the future of the refinery, assisting PES to transition the site safely, communicating with local residents, and supporting the employees impacted by PES’s decision.

"Should [PES] pursue a permanent shutdown of the plant, increased imports of clean products into the region will be necessary to meet demand,” said Marc Amons, Wood Mackenzie’s senior research analyst for North America refining, following the mayor’s announcement.

"With 335,000-b/d of crude processing capacity, the Philadelphia refinery is a major supplier of gasoline and diesel into US East Coast markets, yielding approximately 125,000 b/d of gasoline and 110,000 b/d of diesel,” Amons noted.

"The US Gulf Coast will remain a key supplier of refined products with supplemental gasoline imports from Europe likely needed to replenish lost production from the facility....
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Offline Joe Wooten

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Re: Philadelphia refinery to shut down
« Reply #5 on: June 28, 2019, 07:14:38 pm »

Offline IsailedawayfromFR

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Re: Philadelphia refinery to shut down
« Reply #6 on: June 30, 2019, 02:20:28 am »

Hilarious.  Hope PC doesn't actually get that far.
No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington