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Refinery Closures Would Disrupt Supply Chain, Marketers Say

Aol Energy -- The possible permanent closure of three eastern Pennsylvania refineries would make the region more dependent on outside sources for petroleum products and force marketers to overhaul supply chains for gasoline, diesel heating oil, jet fuel and lubricants, state legislators heard on Monday.

But closure isn't likely to have a big effect on prices or supply on the US East Coast because alternative sources such as the Gulf Coast, higher overseas imports and increased pipeline shipments from the Midwest will be found, according to a new study presented to lawmakers.

Sunoco said last September it will try to sell its Marcus Hook and South Philadelphia refineries which together can process some 500,000 barrels of crude oil a day. If no buyer can be found, the company said it will close the plan

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Submitted Feb 08, 2012 By: 1studman

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nb52 Champion Author Grand Rapids Posts:5,962 Points:1,187,445 Joined:Nov 2008	Message Posted: Feb 9, 2012 6:16:32 AM Ignore nb52 Report Abuse Oh great, just in time for the summer vacation season.
vulcan96 Champion Author Ohio Posts:21,918 Points:2,745,640 Joined:Aug 2004	Message Posted: Feb 9, 2012 12:20:39 AM Ignore vulcan96 Report Abuse just their way of thumbing their noses at the government. lol
DrLyon Champion Author Michigan Posts:4,937 Points:856,600 Joined:May 2006	Message Posted: Feb 9, 2012 12:07:57 AM Ignore DrLyon Report Abuse Build more new ones
luwachris Champion Author Los Angeles Posts:1,047 Points:217,045 Joined:Jul 2011	Message Posted: Feb 9, 2012 12:07:23 AM Ignore luwachris Report Abuse So whats the plan?
bonzoonfmb All-Star Author Florida Posts:544 Points:358,525 Joined:Feb 2010	Message Posted: Feb 8, 2012 11:59:52 PM Ignore bonzoonfmb Report Abuse That is BS. They are just looking for money from the Federal government to upgrade their infrastructure which is something that they should have done 20 years ago.
danreino Champion Author Twin Cities Posts:6,812 Points:1,244,240 Joined:Mar 2008	Message Posted: Feb 8, 2012 11:59:27 PM Ignore danreino Report Abuse These companies should be held to the fire, same as electric companies are.
CdnLynx Veteran Author Ontario Posts:346 Points:225,165 Joined:May 2008	Message Posted: Feb 8, 2012 11:58:42 PM Ignore CdnLynx Report Abuse Increasingly placing all the eggs in one basket! Then, if the S*$& hits the fan; then what. No strategic redundancy built in; just being dismantled! Dumb!
propanedave Champion Author Orange County Posts:1,095 Points:260,360 Joined:May 2011	Message Posted: Feb 8, 2012 11:57:24 PM Ignore propanedave Report Abuse We'll see............
NedW Champion Author Indianapolis Posts:3,802 Points:790,620 Joined:Mar 2008	Message Posted: Feb 8, 2012 11:56:15 PM Ignore NedW Report Abuse Tree hugger in a hat?
RAKARWOWSKI Champion Author Chicago Posts:2,207 Points:462,785 Joined:Jan 2011	Message Posted: Feb 8, 2012 11:56:13 PM Ignore RAKARWOWSKI Report Abuse Not if we stopped buying gas.
themaninthehat Champion Author New Orleans Posts:1,542 Points:407,500 Joined:Feb 2011	Message Posted: Feb 8, 2012 11:55:03 PM Ignore themaninthehat Report Abuse Time will tell
NedW Champion Author Indianapolis Posts:3,802 Points:790,620 Joined:Mar 2008	Message Posted: Feb 8, 2012 11:54:55 PM Ignore NedW Report Abuse YA THINK!?? That's the plan. Same with coal mining operations.
FrankTA2 Champion Author New York Posts:2,760 Points:755,125 Joined:Jun 2007	Message Posted: Feb 8, 2012 11:50:29 PM Ignore FrankTA2 Report Abuse I'm sure this will be used as an excuse to continue raising gasoline prices at the pumps.
Bezalel Champion Author Oklahoma City Posts:10,266 Points:1,932,155 Joined:Oct 2006	Message Posted: Feb 8, 2012 11:47:51 PM Ignore Bezalel Report Abuse "...closure isn't likely to have a big effect on prices ..." * * Every * * spring that One refinery has shut for maintenance prices have jumped. Every time.
mrreferee All-Star Author Savannah Posts:652 Points:266,240 Joined:Jun 2011	Message Posted: Feb 8, 2012 11:45:12 PM Ignore mrreferee Report Abuse we already have a bumper supply and prices are sky high, i canot wait to see what happens when they say the supply is blocked...
Jeeputtputt Champion Author Michigan Posts:1,910 Points:443,665 Joined:Aug 2009	Message Posted: Feb 8, 2012 11:41:15 PM Ignore Jeeputtputt Report Abuse just watch
confetti Veteran Author Tampa Posts:317 Points:236,590 Joined:Jan 2006	Message Posted: Feb 8, 2012 11:41:11 PM Ignore confetti Report Abuse We said, suzmar: "They are probably closing because the government has made it too onerous to continue operating them. When businesses can't make a profit they close facilities. Unlike the government they can't operate at a deficit."
Road-Runner Champion Author Denver Posts:6,413 Points:1,776,250 Joined:May 2004	Message Posted: Feb 8, 2012 11:40:03 PM Ignore Road-Runner Report Abuse So how many new refineries are in the works to replace these ones to be closed? After all the USA is desperately short of refinery capacity.
PoohMcGoo Champion Author South Carolina Posts:1,907 Points:479,530 Joined:Dec 2010	Message Posted: Feb 8, 2012 11:37:11 PM Ignore PoohMcGoo Report Abuse Surprised big oil company hasn't bought these up just so they can close them and screw up the supply and make more money..
DustyHorse Champion Author Virginia Posts:4,500 Points:1,075,245 Joined:Oct 2008	Message Posted: Feb 8, 2012 11:37:06 PM Ignore DustyHorse Report Abuse Too bad.
tes283 Veteran Author Tampa Posts:364 Points:95,730 Joined:Dec 2011	Message Posted: Feb 8, 2012 11:36:55 PM Ignore tes283 Report Abuse Outside the state, not the Middle East. So good news. Buy USA.
suzmar Champion Author Texas Posts:1,035 Points:547,120 Joined:Jun 2006	Message Posted: Feb 8, 2012 11:36:16 PM Ignore suzmar Report Abuse They are probably closing because the government has made it too onerous to continue operating them. When businesses can't make a profit they close facilities. Unlike the government they can't operate at a deficit.
LegoVasavouchi Champion Author Oklahoma Posts:1,168 Points:79,940 Joined:Apr 2011	Message Posted: Feb 8, 2012 11:23:59 PM Ignore LegoVasavouchi Report Abuse Fascinating.
SparkieMi Champion Author Kalamazoo Posts:1,468 Points:238,430 Joined:Sep 2011	Message Posted: Feb 8, 2012 11:23:43 PM Ignore SparkieMi Report Abuse How many refineries are there in our country??? Why is Sunoco closing these refineries????
woburnspotter2 Veteran Author Boston Posts:480 Points:167,755 Joined:Apr 2007	Message Posted: Feb 8, 2012 11:22:11 PM Ignore woburnspotter2 Report Abuse Right, pipelines will be found that will bring gasoline into the east coast - So where could they be hiding? Or maybe they expect they will be built, like the Keystone pipeline. When will this administration stop tryint to mislead everybody - including the public?
36IHBinder Champion Author Illinois Posts:1,164 Points:288,220 Joined:Jun 2011	Message Posted: Feb 8, 2012 11:19:17 PM Ignore 36IHBinder Report Abuse gas is going no where so lets build some updated ones and get past this fight all of the time.
BBYinBC All-Star Author Vancouver Posts:630 Points:570,415 Joined:Jul 2009	Message Posted: Feb 8, 2012 11:18:27 PM Ignore BBYinBC Report Abuse Refinery Closures
Prodaddy Champion Author Houston Posts:6,585 Points:1,535,770 Joined:May 2007	Message Posted: Feb 8, 2012 11:16:43 PM Ignore Prodaddy Report Abuse Just another piece of the puzzle
sammy518 Champion Author Austin Posts:2,160 Points:450,135 Joined:Dec 2010	Message Posted: Feb 8, 2012 11:16:24 PM Ignore sammy518 Report Abuse up go the prices...
mstearno Champion Author Dayton Posts:6,371 Points:1,389,465 Joined:Jan 2008	Message Posted: Feb 8, 2012 11:13:35 PM Ignore mstearno Report Abuse always does
PontiacFan Veteran Author Gary Posts:316 Points:206,835 Joined:Mar 2011	Message Posted: Feb 8, 2012 11:12:20 PM Ignore PontiacFan Report Abuse "Isn't like to have a big effect on prices" = $.40 jump just for mentioning it.
us4usa Champion Author Missouri Posts:4,432 Points:783,645 Joined:May 2008	Message Posted: Feb 8, 2012 11:07:50 PM Ignore us4usa Report Abuse Wonder what the CEO of Sunoco made last year???
Dragnet Champion Author Arizona Posts:13,354 Points:2,557,455 Joined:Jul 2004	Message Posted: Feb 8, 2012 11:07:32 PM Ignore Dragnet Report Abuse Who the heck are they trying to kid. Darn media is nothing but sensationalists and make mountains out of nothing.
txkrb All-Star Author Texas Posts:866 Points:316,425 Joined:May 2011	Message Posted: Feb 8, 2012 11:04:53 PM Ignore txkrb Report Abuse Normally high prices are caused by demand exceeding supply, if you shut down refineries and demand picks up prices will increase more
Lukus Champion Author Halifax Posts:6,544 Points:1,322,340 Joined:Nov 2007	Message Posted: Feb 8, 2012 11:03:04 PM Ignore Lukus Report Abuse Another way to push prices up.
BooHooMI Champion Author Michigan Posts:1,546 Points:342,460 Joined:Sep 2010	Message Posted: Feb 8, 2012 11:02:12 PM Ignore BooHooMI Report Abuse No kidding, really.
duffee01 All-Star Author Mississippi Posts:590 Points:175,090 Joined:Sep 2011	Message Posted: Feb 8, 2012 11:00:22 PM Ignore duffee01 Report Abuse Maybe it's time to shutter Sunoco. If they can't keep the refineries open then maybe they should be forced out of the business.
humblepie Champion Author Toledo Posts:17,393 Points:2,011,270 Joined:Mar 2006	Message Posted: Feb 8, 2012 10:58:52 PM Ignore humblepie Report Abuse duh
PetroScopper Champion Author Houston Posts:4,880 Points:1,196,135 Joined:Aug 2008	Message Posted: Feb 8, 2012 10:58:13 PM Ignore PetroScopper Report Abuse There should be more refineries in the country, then we would not have to depend on the few we now rely on.
carman11 Champion Author North Carolina Posts:1,470 Points:330,670 Joined:Jun 2011	Message Posted: Feb 8, 2012 10:56:43 PM Ignore carman11 Report Abuse OK
WIPACKERFAN Champion Author Chicago Posts:7,020 Points:1,490,635 Joined:Aug 2005	Message Posted: Feb 8, 2012 10:56:14 PM Ignore WIPACKERFAN Report Abuse Call this what it is: manipulation of the market by big oil. Refineries need to be built not shut down, even for maintenance. This will show the volatility of the markets.
gumbyrex Champion Author Fresno Posts:1,497 Points:400,245 Joined:Mar 2011	Message Posted: Feb 8, 2012 10:54:48 PM Ignore gumbyrex Report Abuse The closures will disrupt the supply chain, but not effect prices? Doesn't make sense to me.
Is246 Veteran Author Albuquerque Posts:340 Points:205,300 Joined:Apr 2011	Message Posted: Feb 8, 2012 10:49:57 PM Ignore Is246 Report Abuse I bet it will!
tarheelcoastie Champion Author Greensboro Posts:3,473 Points:762,765 Joined:Jan 2009	Message Posted: Feb 8, 2012 10:47:11 PM Ignore tarheelcoastie Report Abuse Of course!
jb107 Champion Author New Jersey Posts:7,753 Points:2,262,300 Joined:Sep 2005	Message Posted: Feb 8, 2012 10:46:03 PM Ignore jb107 Report Abuse If these refineries close I will stop buying Sunoco which I use about 90% of the time.
Gas Thirsty Champion Author Los Angeles Posts:3,891 Points:2,893,075 Joined:Mar 2003	Message Posted: Feb 8, 2012 10:44:46 PM Ignore Gas Thirsty Report Abuse Expect higher gas prices.
sillywagon Champion Author New York Posts:11,732 Points:1,081,345 Joined:Oct 2008	Message Posted: Feb 8, 2012 10:40:44 PM Ignore sillywagon Report Abuse Why can't the Keystone XL pipeline be built to these refineries, and then export much of the refined products? I don't understand why that can't be done. And as for the sad fact of these refineries being closed... the owners want to sell them and can find no buyers. No buyers? Money pit? [Edited by: sillywagon at 2/8/2012 10:41:23 PM EST]
SBlouch Champion Author San Antonio Posts:7,352 Points:1,563,605 Joined:Apr 2007	Message Posted: Feb 8, 2012 10:37:24 PM Ignore SBlouch Report Abuse So instead of the oil companies building more refiners, now Sunoco wants to 3 of its refiners and if there are no takers, close the plan. Another one against the consumer.
letmathe Champion Author Chicago Posts:12,884 Points:2,819,185 Joined:May 2001	Message Posted: Feb 8, 2012 10:37:14 PM Ignore letmathe Report Abuse Yet another reason to develop local, renewable energryr resources.
nwsynthetics All-Star Author Oregon Posts:531 Points:142,025 Joined:Dec 2011	Message Posted: Feb 8, 2012 10:35:56 PM Ignore nwsynthetics Report Abuse just close everything. Maybe we can be like the movie "The Road" thats where Id like to be. haha