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Marathon Petroleum Corp. (MPC) is permanently shuttering crude oil processing at two of its US refineries as part of the operator’s strategy to increase its overall competitiveness as a result of decreased product demand caused by the ongoing coronavirus (COVID-19) health crisis.MPC has decided to indefinitely idle its 161,000-b/d refinery in Martinez, Calif., as well as its 27,000-b/d refinery in Gallup, NM, with no plans to restart normal operations at either manufacturing site, the company said in its Aug. 3 second-quarter 2020 earnings report to investors.
As long as the lay them up properly, they can be brought back on line very quickly.