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Sunoco shuts down a refinery

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by bwilson4web, Oct 6, 2009.

  1. bwilson4web

    bwilson4web BMW i3 and Model 3

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    2nd UPDATE:Sunoco First To Close Major US Refinery In Downturn - WSJ.com

    "Drill Baby, Drill!" call of a Dodo's right wing:
    [​IMG]

    Bob Wilson
     
    #1 bwilson4web, Oct 6, 2009
  2. LRKingII

    LRKingII New Member

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    Actually if you look he's waving his left wing.:D
     
    #2 LRKingII, Oct 6, 2009
  3. Rybold

    Rybold globally warmed member

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    I wish this was the beginning of the future (aka: everyone driving PHEVs and demand for oil actually diminishing), but I'm sure this is only a result of the recession's affect upon the refining business.
     
    #3 Rybold, Oct 6, 2009
  4. rfruth

    rfruth Member

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    oh boy now we can buy even more from OPEC (ugh)
     
    #4 rfruth, Oct 6, 2009
  5. Celtic Blue

    Celtic Blue New Member

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    Queue the folks who've been screeching for years that we needed to build more new world scale refineries so they could have $1 gas. Oh...well...maybe not.

    Refining margins can remain tight for decades if there is oversupply on the gasoline side of things. Hopefully, that is where we are headed, but for different reasons than the last few decades (actual demand destruction this time around.)
     
    #5 Celtic Blue, Oct 6, 2009
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