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[KSweeley]

Just reported that the second-largest oil refining complex in the U.S. is being shut down: http://www.chron.com/business/energ...ng-complex-12003468.php?cmpid=twitter-desktop

Exxon Mobil is in the process of shutting down the nation's second-largest refining complex in Baytown as the aftermath of Hurricane Harvey continues to wreak havoc.

The Baytown campus, which also produces petrochemicals, can churn out up to 560,000 barrels of fuel a day, a major source of the Gulf Coast and nation's gasoline supplies.

"Safety is our first priority, and we have taken all the precautions to minimize impact to community and employees throughout the shutdown process," Exxon Mobil spokeswoman Suann Guthrie said.

Previously, refineries were shuttered temporarily in Corpus Christi by Valero Energy, Citgo Petroleum and Flint Hills Resources and Harvey prepared to make landfall. Now Houston refining corridor is beginning to close.

More than 25 percent of the nation's fuel supplies are produced just along the Texas Gulf Coast.

 

[djplaeskool]

Maybe top those tanks off sometime today.
Gas has already been going up a cent or more a day over the past few days. This won't help.

 

[Forward]

Great. Yet another excuse for higher prices.

 

[ElectricBlanketFire]

Great. Yet another excuse for higher prices.

A natural disaster isn't exactly an excuse.

 

[Complistic]

This is to create scarcity, right?

 

[Frankfurter]

Seems like a good and responsible decision.

 

[GoldenEye 007]

Yeah I figured this was a matter of time. Filled up Friday just in case. I mean in the scheme of things, I'm only saving probably a buck or two, but, meh.

 

[NeOak]

Great. Yet another excuse for higher prices.

This is to create scarcity, right?

So you'd rather risk people's lives in a petrochemical plant during Harvey just to get your gas a few cents cheaper?

Uh huh.

 

[KHarvey16]

This is to create scarcity, right?

I am sure they'd rather keep it open and will reopen it as soon as possible.

 

[TyrantII]

Great. Yet another excuse for higher prices.

Buy a hybrid and stop your bitching.

 

[GoldenEye 007]

This is to create scarcity, right?

The Texas coast and inland areas are being bombarded with a major hurricane and now storm that is just sitting there.

 

[Sobriquet]

Great. Yet another excuse for higher prices.

This is to create scarcity, right?

The OP. Read it.

 

[CodonAUG]

Maybe dont build refineries in places that get lots of hurricanes?

 

[Alligatorjandro]

Shit

 

[Forward]

Buy a hybrid and stop your bitching.

Buy me one yourself, or else stop bitching about my bitching.

The OP. Read it.

I did. That changes nothing.

 

[Chezzymann]

Maybe dont build refineries in places that get lots of hurricanes?

I mean its been 9 years since the last one so its not extremely frequent

 

[KHarvey16]

Maybe dont build refineries in places that get lots of hurricanes?

Think about it for a minute.

 

[GoldenEye 007]

Maybe dont build refineries in places that get lots of hurricanes?

Houston doesn't get lots of hurricanes. And just about every location in the US is subject to some form of major natural disaster.

 

[Rayis]

Maybe dont build refineries in places that get lots of hurricanes?

Maybe the oil shouldn't be in places that get hurricanes, and is not lots of either.

 

[CodonAUG]

Houston doesn't get lots of hurricanes. And just about every location in the US is subject to some form of major natural disaster.

That's true, but there are some areas that are less risky.

http://money.cnn.com/interactive/pf/real-estate/natural-disaster-risk-map/index.html
http://alertsystemsgroup.com/earthquake-early-warning/informative-maps/

 

[SDCowboy]

A natural disaster isn't exactly an excuse.

It will likely lead to being an excuse for higher prices because the refinery being shut down for a small period of time should have little to no impact on gas prices. But prices will likely shoot up regardless, and then take forever to come back down.

 

[rokkerkory]

Isn't this the prudent thing to do at this time?

I don't get the arguments.

 

[Beerman462]

Maybe dont build refineries in places that get lots of hurricanes?

You mean on the coast...where all the oil comes into the country? Lol

Also Texas

 

[teh_pwn]

Austin gas stations are already running out. This is the secondary story that isn't being covered. There will be major shortages in Texas for a week.

 

[Ogodei]

Filled up yesterday with this in mind. Unfortunately i'm using a lot of gas every week now.

 

[GoldenEye 007]

That's true, but there are some areas that are less risky.

http://money.cnn.com/interactive/pf/real-estate/natural-disaster-risk-map/index.html
http://alertsystemsgroup.com/earthquake-early-warning/informative-maps/

But then you'd have to get the crude transported to other locations. So you now have increased shipping costs, even more environmental concerns due to shipping, and will still be faced with severed supply lines during disasters.

 

[SpecX]

Honestly why aren't more refineries being built? I know they aren't pretty, but they are needed as demand increases and shit like this happens.

 

[Armaros]

That's true, but there are some areas that are less risky.

http://money.cnn.com/interactive/pf/real-estate/natural-disaster-risk-map/index.html
http://alertsystemsgroup.com/earthquake-early-warning/informative-maps/

So prices would increase due to shipping costs being pushed onto the consumer anyway? VS refining the oil close to where they get it?

And all the dangers from long range oil transportation.

 

[NeOak]

Maybe dont build refineries in places that get lots of hurricanes?

Buy me one yourself, or else stop bitching about my bitching.



I did. That changes nothing.

It's an excuse because the refinery being shut down for a small period of time should have zero impact on gas prices. But prices will shoot up regardless, and then take forever to come back down.

Smh

 

[alejob]

Great. Yet another excuse for higher prices.

What irritates me is that gas has been going up here for a month now, way before the hurricane was a thought. It's the highest it's been in a long time and yet crude prices are still under 50 and we've seen seen it higher than it is.

I

 

[Snowybreak]

Good. If they had a catastrophic failure due to flooding, pipe backup, or even just breakage due to windspeed, we'd be looking at an ecological disaster that could rival the Deepwater Horizon.

 

[Baraka in the White House]

Holy shit, I work there. Was supposed to go back on shift Wednesday...

 

[Armaros]

Holy shit, I work there. Was supposed to go back on shift Wednesday...

You are part of the oil cabal trying to raise prices! -some folks on GAF apparently

 

[SDCowboy]

Smh

Why shake your head at my post? A refinery being shut down for a small period of time should have little to no actual impact on prices, but it will.

 

[The Real Napsta]

Houston doesn't get lots of hurricanes. And just about every location in the US is subject to some form of major natural disaster.

Michigan is safe AF

 

[Laevateinn]

Too bad it's not permanent. We need to wean ourselves off of this poison.

 

[entremet]

Holy shit, I work there. Was supposed to go back on shift Wednesday...

Oh snap. Small world. I have family there.

 

[manzoman96]

Higher gas prices are a bummer, but it was the right choice. Maybe now's the time for them to invest more in alternative energy sources.

 

[Baraka in the White House]

I just called and they said call ahead on Tuesday to see if I can come in on Wednesday. Right now it's nobody in or out.

 

[Imm0rt4l]

Maybe dont build refineries in places that get lots of hurricanes?

Lol

 

[manzoman96]

I just called and they said call ahead on Tuesday to see if I can come in on Wednesday. Right now it's nobody in or out.

Hope everything works out for you man, that's rough.

 

[AyaisMUsikWhore]

The title kind of sounds like the place is closing down for good but it's only to prepare for the hurricane. soooo this is a good thing basically tbh

 

[Aurongel]

Maybe dont build refineries in places that get lots of hurricanes?

This is to create scarcity, right?

Great. Yet another excuse for higher prices.

🙄👌

 

[kirblar]

I just called and they said call ahead on Tuesday to see if I can come in on Wednesday. Right now it's nobody in or out.

Sounds like the actual site is probably fine but that they don't want anyone commuting. That's good.

 

[Escape Goat]

Maybe dont build refineries in places that get lots of hurricanes?

Looool

 

[Ziltoidia 9]

Glad I got gas Friday. Everyone should before the price jumps 20 cents if it hasn't already.