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re: Oil producer Hilcorp eyes purchase of shut Louisiana refinery -sources

Posted on 9/26/21 at 10:42 am to
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 9/26/21 at 10:42 am to
quote:

Rather have another working refinery than another idle refinery! And believe it or not, makes a lot of idle refineries cause higher prices at the pumps


Judging by the article this will be an idle refinery. They just want the tank farm for exporting.
Posted by JasonL79
Member since Jan 2010
6398 posts
Posted on 9/26/21 at 11:40 am to
I worked for P66 at Alliance refinery for 3.5 years from 2012-2016. Rumor when I was there was that the refinery was one of their least profitable refineries in their portfolio. Their were rumors they were trying to sell it back then.

Hopefully they get a buyer. Would hate to see another refinery go idle in the state.
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