The sale of the ExxonMobil Torrance Refinery to PBF Energy has been
pushed back to July 1, 2016 apparently because the facility is not fully
operational.
Reuters is reporting the Fluid Catalytic Cracking Unit at the refinery is
running at roughly 75 percent capacity due to repairs on one of its
compressors, which could take anywhere from 30 to 60 days, according
to a West Coast market source.
John Bailey, President
Southeast Torrance Homeowners’ Association, Inc (SETHA)
HOUSTON, May 25 (Reuters) - Los Angeles gasoline differentials dropped 4
cents a gallon on Wednesday as regional gasoline inventories rose by 1
million barrels last week, the U.S. Energy Information Administration
reported. Gains in West Coast supply have been expected since last week when
Exxon Mobil's 149,500-barrel-per-day Torrance refinery near Los Angeles
restarted the fluid catalytic cracking unit at the facility, which went out
of service in February 2015 following an explosion.
cents a gallon on Wednesday as regional gasoline inventories rose by 1
million barrels last week, the U.S. Energy Information Administration
reported. Gains in West Coast supply have been expected since last week when
Exxon Mobil's 149,500-barrel-per-day Torrance refinery near Los Angeles
restarted the fluid catalytic cracking unit at the facility, which went out
of service in February 2015 following an explosion.
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