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Started By
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re: ‘Drill, Baby, Drill!' Will Secure American Prosperity For The Twenty First Century
Posted on 3/12/24 at 7:58 am to CitizenK
Posted on 3/12/24 at 7:58 am to CitizenK
quote:
There are actually 7 brand new refineries designed and permitted for Texas specifically designed for West Texas Light. The main issue is demand and funding.
Did not know that. Good to hear on the permitting. Sounds like now they need investors.
Thanks for that info.
1
Posted on 3/12/24 at 8:07 am to ragincajun03
quote:
Did not know that. Good to hear on the permitting. Sounds like now they need investors.
Thanks for that info.
Permitting of new refineries was done during Obama, but those two went belly up in 2014 being built in ND with target profit center of diesel for drilling services.
The 7 permitted only produce gasoline and diesel, are modular with one at 10,000 BPD, one at 20,000 BPD and five identical at 50,000 BPD.
I have refineries for sale closed during Covid and never reopened. One has had a lot of brand new units since 2006 with upgrades and replacement of major items in the crude, platformer and cat cracker units.
This post was edited on 3/12/24 at 8:11 am
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