eco-KOOK regulations have shut down the refineries.
Do you have any idea what you are talking about?
Back around 1989 or 1990 a heat exchanger shop I worked at received an exchanger from Citgo in Lake Charles that was in need of repairs.
While that unit was shut down for service, Citgo was losing an estimated $100,000 an hour. And that was when gas was around $1 - $1.25 a gallon. It todays money, your probably looking at around $500,000 an hour.
The whole time the exchanger was in the shop for repairs a Citgo representative was present and watching to progress of the work.
After the unit is up and running, its only brought down when it is in need of serious repairs.
5 years passes, 10 years pass, 15 years,,,, there reaches a point when the unit is outdated by new technology. The unit can reach an end of life where its more expensive repair then it is to demolish and rebuild.
The gasoline units and or whole refineries that are closing along the east coast, how old are they? Is it going to cost more to refurbish the unit with up to date parts then what the unit/refinery is worth?
When you say "refinery", you are talking about an area that encompasses and lot of different units. Each unit can possibly refine a different product. When someone says a refinery is being closed, is it the "whole" refinery, or just a unit inside the refinery.
Closing a low profit unit is no big deal. The unit will be demolished, and possibly rebuilt in a few years.
The refinery could be building a whole new unit right next to the old one. As soon as the old unit is shut down, the new unit is brought online.
