Gold Member BOHICA Posted August 27, 2023 Gold Member Share Posted August 27, 2023 Huge spill and fire erupts in Cancer Alley Louisiana after a chemical spill and fire. 2 mile evacuation zone for residents. Diesel and Gas futures surge. https://finance.yahoo.com/news/marathon-shut-third-largest-us-180703186.html Quote Link to comment Share on other sites More sharing options...
toslow Posted August 27, 2023 Share Posted August 27, 2023 Price at the pumps are gonna go crazy Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted August 27, 2023 Platinum Contributing Member Share Posted August 27, 2023 Very dramatic Quote Link to comment Share on other sites More sharing options...
Gold Member Stephen Hawking Posted August 27, 2023 Gold Member Share Posted August 27, 2023 9 hours ago, toslow said: Price at the pumps are gonna go crazy Should be a bloodbath. Garyville, located on the Mississippi River between New Orleans and Baton Rouge, produces about 265,000 barrels a day of gasoline, or about 3% total US consumption. Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted August 27, 2023 Share Posted August 27, 2023 I better fill up on the way home today... or buy an EV 2 Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted August 27, 2023 Author Gold Member Share Posted August 27, 2023 The fire that broke out at the Garyville refinery in south Louisiana early Aug. 25 is contained but ongoing, and residents within a 2 mile-radius were initially evacuated, according to Marathon Diesel rose 5% while gasoline futures jumped about 4%. The outage threatens to deplete already below-average distillates stockpiles at a time when U.S. demand for the fuel is set to rise going into the harvest and heating seasons. Garyville, located on the Mississippi River between New Orleans and Baton Rouge, produces about 265,000 barrels a day of gasoline, or about 3% total U.S. consumption. It also makes about 230,000 barrels per day of diesel, according to Andy Lipow, president of Lipow Oil Associates in Houston. The refinery has a crude processing capacity of 596,000 barrels a day. Quote Link to comment Share on other sites More sharing options...
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