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Louisiana refineries plan to keep running as storm shifts east

From reuters.com

Seven refineries in eastern Louisiana plan to continue normal operations while keeping a careful eye on Tropical Storm Gordon, whose forecast path moved eastward on Tuesday with landfall in Mississippi, said sources familiar with plant operations. Being west of the storm, the refineries should be on the side of Gordon producing the least rain and wind, though all of the plants have prepared for high wind and possible flooding. At PBF Energy’s 190,000 bpd Chalmette, Louisiana, refinery, which is 72 miles (116 km) west of Biloxi, Mississippi, where Gordon is forecast to make landfall, scaffolding erected for planned ... (full story)

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  • Category: Fundamental Analysis