Phillips 66 to close oil refinery after Newsom law

[Precious_b]

Originally Posted by The_Waco_Kid

did i? show me in either article what i "lied" about .. or that you aren't?


noncompliance has nothing to do with Phillips closing the plant. they see a far left Kalifornica government led by Newsom "at war" with the fossil fuel industry and they are leaving.

Reread the postings.

Originally Posted by farmstud60

If you believe a politician knows anything or could write a regulation to solve that issue you are really clueless about how business works.


Government regulations for the most part cost more than any economic gain the provide.

Hell, if they could do that, they would write themselves out of a job.

Originally Posted by HDGristle

By putting it into storage while the refinery is offline, is that not a double hit to supply?

I wouldn't know but how the hell would they put it in storage if the plant kept going off line?!


Seeing as Cali is the home of CARB (California Air Resource Board, mother of clean air) they gesticulate in the state government halls about making the air beautiful.

And it is possible. With coal and refining plants.

But as stated, I would venture to guess that near a 100% of such plants in the USA (don't quote me on that) are grandfathered or could use significant upgrades.
When was the last time a brand new power plant or refinery built? I tell you the technology has been on the books for a long time to make a clean coal plant and refinery.

Maybe the Cali guv is trying to get/force one made.

[The_Waco_Kid]

Originally Posted by Precious_b

I made no reference to that.
Only to your lie of "noncompliance has nothing to do with it."

Clearly you lied.

if you say so

Originally Posted by Precious_b

Reread the postings.


But as stated, I would venture to guess that near a 100% of such plants in the USA (don't quote me on that) are grandfathered or could use significant upgrades.
When was the last time a brand new power plant or refinery built? I tell you the technology has been on the books for a long time to make a clean coal plant and refinery.

Maybe the Cali guv is trying to get/force one made.

maybe his toxic climate crap is forcing these companies to leave?

[Laugh-riot]

Originally Posted by TheDaliLama

Just in case no one has been paying attention….people and industries have leaving California in droves. The only people coming in are Uhaul returns.

Really? In the last 10 years California has lost 1.89% of it's population move out vs move in. Is that "droves" in your dictionary?



Just more anecdotal bullshit from people that don't read, don't quantify and only know what they hear on newsmax or their echo chambers.


Do you ever get tired of being wrong?

[HDGristle]

Originally Posted by Precious_b

I wouldn't know but how the hell would they put it in storage if the plant kept going off line?!

It would be, because they would have to pull gas out of the market in the leadup to the shutdown. So, that drives up cost and then holds it until its producing again after planned maintenance.

Don't pretend that the refinery was down all the time. It wasn't.

[Pistolpete]

Originally Posted by Yssup Rider

Phillips is based in Oklahoma.

And as we all know, the reason Texas and California haven’t both drifted off into the ocean is that OKLAHOMA REALLY SUCKS.

105 year old refinery has likely been noncompliant with safety and environmental refs for so long it made more sense to shutter it than to fix it.

Of course. OP knows that.

Phillips is not based in Oklahoma, at one time yes, but corporate HQ is at Beltway 8 and Westhaimer.

They conveniently announced the closure on the same day there was a $605 million judgement against the company (Possible treble damages).

[txdot-guy]

If the refinery was worth keeping open it would be. I doubt that putting in fuel storage near a refinery would break the bank.


Phillips 66's Los Angeles-area refinery closure not due to new California regulations

Phillips 66 has decided to shut its 139,000 b/d Wilmington, California in 4Q 2025 because of changing market fundamentals, not because of recently passed regulations on the states refining sector, the company said Oct. 17.

“This decision is not related to the recent bill signing. We want to continue to be a trusted and deliberate partner with the state. This announcement is based on consideration of multiple factors, including future options for the site as part of Phillips 66's ongoing review of its portfolio of assets," said Phillips 66 spokesperson Al Ortiz in an email.


Read the full story here: https://www.spglobal.com/commodityin...ations-company

[eyecu2]

I think you've all missed the spirit of what Gavin Newsome's comments were about.

It had more to do with price gouging, then production or quantity. And which one of you economic gurus, would think that an oil company that sells gasoline would ever leave the great state of California with more cars per capita than anywhere else, and more driving miles per capita than anywhere else. What moron would leave a cash cow like California without gasoline?

The answer is they won't.

If it's ConocoPhillips, or BP, or any other gasoline purveyor, someone will come in and supply the gas that's required on the West Coast. Thinking anything else just demonstrates your lack of understanding of the law of supply and demand

[Precious_b]

Originally Posted by The_Waco_Kid

if you say so

Originally Posted by HDGristle

...

Don't pretend that the refinery was down all the time. It wasn't.

Don't pretend that a refinery that is 50 years out of its designed obsolence (sp) has the same down time as a newer one.
As someone here mentioned, there is a point of diminishing returns.

[txdot-guy]

Originally Posted by Precious_b

Don't pretend that a refinery that is 50 years out of its designed obsolence (sp) has the same down time as a newer one.
As someone here mentioned, there is a point of diminishing returns.

I think a little self-delusion is a requirement for being a Trump supporter.

[Yssup Rider]

Originally Posted by Pistolpete

Phillips is not based in Oklahoma, at one time yes, but corporate HQ is at Beltway 8 and Westhaimer.

They conveniently announced the closure on the same day there was a $605 million judgement against the company (Possible treble damages).

I stand corrected.

But stand by my original assessment.

[HDGristle]

Originally Posted by Precious_b

Don't pretend that a refinery that is 50 years out of its designed obsolence (sp) has the same down time as a newer one.
As someone here mentioned, there is a point of diminishing returns.

Point to specific newer refineries, and then let's look at available data on outage schedules.

Yes, we CAN do that

[The_Waco_Kid]

Originally Posted by Precious_b

Don't pretend that a refinery that is 50 years out of its designed obsolence (sp) has the same down time as a newer one.
As someone here mentioned, there is a point of diminishing returns.

what exactly is the expiration date for a refinery?

Originally Posted by HDGristle

Point to specific newer refineries, and then let's look at available data on outage schedules.

Yes, we CAN do that

what newer refineries? that's the whole point isn't it? especially in Kalifornica and the Government in general have made it so unfavorable to build new refineries.

https://www.energy.ca.gov/data-repor...california-oil


all of the large scale refineries are old. it's because the regulations to build one are overkill and no big oil company wants to bother to battle Kalifornica to do it


go figure!!!


California Refinery Facilities Began Operations Ownership Information Current Crude Capacity
(Barrels/Day)Notes

Chevron, El Segundo Refinery 1912 Standard Oil Co: 1912-1926
Standard Oil Company of California (Socal): 1926-1977
Chevron USA Inc: 1977-2001
ChevronTexaco Corp: 2001-2005
Chevron Corp: 2005-Present 269,000 Chevron, Richmond Refinery 1902 Pacific Coast Oil: July 7, 1902-1906
Standard Oil Co: 1906-1926
Standard Oil Company of California (Socal): 1926-1977
Chevron USA Inc: 1977-2001
ChevronTexaco Corp: 2001-2005
Chevron Corp: 2005-Present 245,271 Kern Energy, Bakersfield Refinery 1934 El Tejon Oil & Refining Co: 1934-1943
Kreiger Oil Co: 1943-1945
Douglas Oil Co: 1945-1962
Continental Oil: 1962-1966
Edgington Oil/Signal Oil & Gas: 1966-1971
Kern County Refinery Inc. (Charter Oil Co.): 1971-1976
Kern County Refinery Inc. (Privately Held): 1976-1982
Kern Oil & Refining Co: 1982-Present 26,000 Also known as Kern Oil & Refining Company.Lunday Thagard Oil Company,
South Gate Refinery 1937 Lunday Thagard Oil Co: 1937-Present8,500Subsidiary of World Oil Company.Marathon Petroleum Co., Carson Refinery1938Richfield Oil Corp: 1938-1966
Atlantic Richfield Company (ARCO): 1966-2000
BP West Coast Products: 2000-June 2013
Tesoro Refining & Marketing: June 2013-August 2017
Andeavor: August 2017-October 2018
Marathon Petroleum: October 2018-Present 256,830 Marathon Carson and Wilmington began reporting as one entity known as Marathon Los Angeles Refinery (LAR) as of 2019 with a capacity of 365,000 barrels per day.Marathon Petroleum Co., Wilmington Refinery1923California Petroleum Corp: 1923-1928
Texas Company: 1928-1959
Texaco, Inc: 1959-1998
Equilon Enterprises (joint venture of Shell Oil Co. & Texaco Inc.): 1998-2002
Shell Oil Co: 2002-2007
Tesoro Refining & Marketing: June 2013-August 2017
Andeavor: August 2017-October 2018
Marathon Petroleum: October 2018-Present 98,340 Marathon Carson and Wilmington began reporting as one entity known as Marathon Los Angeles Refinery (LAR) as of 2019 with a capacity of 365,000 barrels per day.PBF Energy, Martinez Refinery1915Shell Company of Calif: 1915-1939
Shell Oil Company, Inc: 1939-1949
Shell Oil Co: 1949-1998
Equilon Enterprises (joint venture of Shell Oil Co. & Texaco Inc.): 1998-2002
Shell Oil Co: 2002-February 2020
PBF Energy: February 2020-Present 156,400 PBF Energy, Torrance Refinery1907Vacuum Oil Co: 1907-1929
General Petroleum Corporation of Calif: 1929-1931
Socony-Vacuum Corp: 1931-1934
Socony-Vacuum Oil Company, Inc: 1934-1955
Socony Mobil Oil Co: 1955-1966
Mobil Oil Corp: 1966-2000
ExxonMobil: 2000-July 2016
PBF Energy: July 2016-Present 160,000 Phillips 66, Wilmington Refinery1917Union Oil Co of Calif: 1917-1983
Unocal: 1983-1997
Tosco Corp: 1997-2001
Phillips: 2001-2002
ConocoPhillips: 2002-May 2012
Phillips 66: May 2012-Present 139,000 Also known as Phillips 66, Los Angeles Refinery (LAR). P66 Wilmington, Los Angeles Refinery has announced plans to cease operations in the fourth quarter of 2025.San Joaquin Refining Company,
Bakersfield Refinery1969 San Joaquin Refining Co: 1969-Present15,000 Talley Asphalt Inc., Kern Refinery2021Talley Asphalt Products: 2021-Present1,700 Valero, Benicia Asphalt Refinery1982Huntway Refining: 1982-2001
Valero Refining Co: 2001-Present 13,000 Now part of Valero Benicia Refinery with a capacity 145,000 barrels per day.Valero, Benicia Refinery1968Exxon Co USA: 1968-2000
Valero Refining Co: 2000-Present145,000 Valero, Wilmington Asphalt Refinery1980Huntway Refining: 1980-2001 Valero Refining Co: 2001-Present6,300 Valero, Wilmington Refinery1969Champlin Petroleum Co: 1969-1987
Union Pacific Resources Co: 1987-1988
Ultramar Refining: 1988-1997
Ultramar Diamond Shamrock: 1997-2002
Valero Refining Co: 2002-Present 85,000

[Jacuzzme]

Fuck all those people who already can’t afford groceries, let alone gas. It might be .3 degrees warmer in 100 years.

[Precious_b]

Originally Posted by HDGristle

Point to specific newer refineries, and then let's look at available data on outage schedules.

Yes, we CAN do that

So you're saying that a vast structure with countless moving parts that is over a century old has been maintained to operate within performance parameters of equipment less than half that age?!?!

Only thing I know that can reliably do that is on the quantum scale.

Where is oilfield ace? It would be opinionated, but i'd listen to what he has to say.

Like saying 100 year old car has the same shop time as a 20 year old car or newer.

HDG, stop pulling pages out of the playbook of the Party of No. You validate TxDot post above.