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15 refineries plan maintenance through May
#3118074
02/01/23 10:36 AM
02/01/23 10:36 AM
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Joined: Jan 2003
Posts: 12,080 Benton, IL.
DaveRS23
OP
Special needs idiot
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OP
Special needs idiot
Joined: Jan 2003
Posts: 12,080
Benton, IL.
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' U.S. oil refiners plan twice as many refinery overhauls this spring as usual, aiming to resume maintenance delayed by the pandemic and by the lure of record-high margins, according to data provider IIR Energy and Reuters reporting.
The size of the planned outages suggests supplies of gasoline and diesel could tighten and margins rise as the European Union's Feb. 5 ban on imports of Russian petroleum products takes effect, increasing the call on U.S. fuels.
At least 15 U.S. oil refineries plan maintenance ranging from two to 11 weeks through May, tallies by Reuters and refining intelligence firm IIR Energy show. By mid-February, U.S. refiners will drop some 1.4 million barrels per day of processing capacity, double the five-year average, according to IIR.
"A lot of plants didn't want to shut down last year when margins were strong, but they have to get this work done," said John Auers, refining analyst with Refined Fuels Analytics.
Nine U.S. refineries operated by Marathon Petroleum, Valero Energy, Exxon Mobil, Phillips 66, and BP will shutter some of their fuel producing units this spring, according to IIR and Reuters sources.
PBF Energy's Toledo, Ohio, refinery remains largely offline from December, according to two people familiar with the matter.
TotalEnergies is restarting most of the units at its Port Arthur, Texas, refinery after several shut due to frigid weather in late December'. www.bicmagazine.com/departments/ope...-refinery-overhauls-to-crimp-fuel-output
Master, again and still
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Re: 15 refineries plan maintenance through May
[Re: topside]
#3118083
02/01/23 11:30 AM
02/01/23 11:30 AM
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Joined: Dec 2013
Posts: 4,674 Wichita
GY3
master
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master
Joined: Dec 2013
Posts: 4,674
Wichita
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I worked for a larger refiner years ago.
This is called "turnaround" and was always scheduled for a certain time of year.
'63 Dodge 330 11.19 @ 121 mph Pump gas, n/a, through the mufflers on street tires with 3.54's. 3,600 lbs. 10.01 @ 133mph with a 250 shot of nitrous an a splash of race gas. 1.36 60 ft. 3,700 lbs.
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Re: 15 refineries plan maintenance through May
[Re: GY3]
#3118090
02/01/23 11:59 AM
02/01/23 11:59 AM
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Joined: Aug 2019
Posts: 9,456 Super Spudsville
Mr PotatoHead
Half Baked
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Half Baked
Joined: Aug 2019
Posts: 9,456
Super Spudsville
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A small refinery in Denver has partially shut down to fix an issue. Im 200 miles away and 85 has went up $1.05 a gallon in the last 30 days.... this will suck for everyone.
Why cant they stagger there work?
STOP POTATO HATE!
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Re: 15 refineries plan maintenance through May
[Re: topside]
#3118098
02/01/23 12:59 PM
02/01/23 12:59 PM
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Joined: Nov 2003
Posts: 10,228 Colleyville
3hundred
I Live Here
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I Live Here
Joined: Nov 2003
Posts: 10,228
Colleyville
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Stock up on Vaseline & K-Y... Buy energy stocks.
'68 Fury Convertible '69 300 Convertible '15 Durango 5.7 Hemi '16 300 S Hemi
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