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#1
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Sunoco Refinery back in business
For all the details just Google 'Saving Sunoco Refinery'. Every time I post a link the first comment is 'That is not a valid source'! Therefore if you are interested in this then force yourself to use the Google thing.
This is a joint venture between the Carlyle Group, the US Government and the United Steel Workers and it all worked out to keep the doors open. The guy picked to run the place is an industry vet that turned around a busted down refinery in Coffeyville, Kansas a few years ago and is considered to be very good at what he does. A lot of folks were getting the vapors over this place shutting down, so now you can all relax. By the way.... The US Government coughed up $25 million to keep the place running. The refineries economic impact to the area is about $420 million a year, so this seems like it might be a good use of the money. I am sure many will want to blame the Unions or the Government or the Boogy Man for this refinery becoming unprofitable, but if you had ever been in the place you would quickly wonder why it was not shut down years ago. In my opinion the management just ran the place into the ground. If you skimp on maintaining equipment it will eventually just wear out, and from I could see it not only wore out but rusted out as well. I have seen long abandoned refineries that looked like they were in better condition. The new owners have their work cut out for them. I wish them luck. |
#2
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No link?
You talking about the Philly refinery? |
#3
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One of the Philly ones (I think it was Sunoco but might have been Conoco Philips) was bought by an airline company with the intent to make its own jet fuel. It was an interesting move...Didn't this happen a while ago though?
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TC Current stable: - 2004 Mazda RALLYWANKEL - 2007 Saturn sky redline - 2004 Explorer...under surgery. Past: 135i, GTI, 300E, 300SD, 300SD, Stealth |
#4
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Yup, no link. I have linked the Wall Street Journal before and been blasted for using a left wing source. Google this, though, and there is a great deal of info from whatever source you trust.
This is the Philly Refinery. I am not sure if Marcus Hook is involved but I don't think it is. |
#5
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The Conoco-Phillips was the one bought by the airline.
I think this took place about one month ago, but I didn't want to post anything about it until it was a truly 'done' deal. I have seen too many of these things fall apart at the last moment. |
#6
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- The Washington Post
Sunoco I have noticed a few new oil wells in NW Pa lately. A long time ago it was said it wasn't worth pumping if oil wasn't high enough. |
#7
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Quote:
Also here's a link Deal will keep Sunoco's Philadelphia refinery operating - Philly.com
__________________
TC Current stable: - 2004 Mazda RALLYWANKEL - 2007 Saturn sky redline - 2004 Explorer...under surgery. Past: 135i, GTI, 300E, 300SD, 300SD, Stealth |
#8
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Gotcha. There are a ton of them down there, I can hardly keep them straight. There's Philly, Chester, Marcus Hook and Wilmington that are all saturated with refineries (and related pollution)
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TC Current stable: - 2004 Mazda RALLYWANKEL - 2007 Saturn sky redline - 2004 Explorer...under surgery. Past: 135i, GTI, 300E, 300SD, 300SD, Stealth |
#9
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I have heard that Marcus Hook will still have some petro processing facilities but will also have some of the land cleared for other uses.
This makes sense. Too many pipelines into and out of the site for it to go to waste, but there is currently too much refinery in place for it to turn a profit. The good part is that something good will replace what is there, but the bad part is that it will take a lot of years before this will come about. |
#10
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Lol! WSJ is owned by Rupert Murdoch! Not exactly known for having a left wing bias.
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Remember, Safety Third! '99 E300 Turbodiesel, '82 300TD, 1996 12V Cummins Turbo, '94 Neoplan - Detroit 6V92TA |
#11
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It was clear that someone did not like what I had posted and so had tried to belittle the source.
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#12
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Once there was a military base in Texas called Fort Wolters. It was west of Fort Worth.
When it was shut down you would have thought it was the end of the world, but it was turned into an industrial park and only the golf course was saved. Today it is a big success, but it took years and there were a lot of hard times in the area before any success came along. I would think that Marcus Hook is going to go through the same thing. There is really no way to make a transition like that painless. |
#13
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Ad Hominems are great eh?
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Remember, Safety Third! '99 E300 Turbodiesel, '82 300TD, 1996 12V Cummins Turbo, '94 Neoplan - Detroit 6V92TA |
#14
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The one bit of important information is not there. What is its through put ? There are small refineries all over the world shutting down. The big (500k b/day+ ) ones can do the job so cheap & efficiently that the old small ones cant compete unless there is some special reason.
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Grumpy Old Diesel Owners Club group I no longer question authority, I annoy authority. More effect, less effort.... 1967 230-6 auto parts car. rust bucket. 1980 300D now parts car 800k miles 1984 300D 500k miles 1987 250td 160k miles English import 2001 jeep turbo diesel 130k miles 1998 jeep tdi ~ followed me home. Needs a turbo. 1968 Ford F750 truck. 6-354 diesel conversion. Other toys ~J.D.,Cat & GM ~ mainly earth moving |
#15
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I know the Marcus hook facility did a lot of white oil, Tanning, and cosmetic type stuff. I am not sure what the Philly location did. About 20 years ago there was a steady stream of rail tankers and trucks headed west out of there to St Louis and Chicago.
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86 300SDL. 250,xxx on #14 Head. One eye always on temp gauge.. Cruising towards 300K |
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