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Had an operating manager at a refinery tell me " if they were easy to blow up it would be happening all the time".
Refineries are very stable operations with fire/explosion risks only an outcome of poor maintenance or process procedures. A good operating company controls the exposure by using good procedures in all areas to reduce exposure to accidents or equipment failure.
There is no intent to eliminate refining in the US. Any number of companies have just recently invested many billions in updating equipment and expanding capacity at existing plants. There is even a grass roots refinery under consideration in the Dakotas.
Even California has buyers for the refineries that are for sale. Every operator uses there own criteria to manage the portfolio of facilities, selling some to buy others. Recently MPC sold an upper Midwest plant and is buying the BP plant in Texas. BP sold its California plant just within the last six months.
The talk of the refinery industry moving overseas has been around for the last 25 years. It's all economics, and supply vs. demand.
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8 Porsche's to date, after many years of looking 1999 C2 Cab, Ocean Blue over tan Leather.
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