Exxon’s 11 Million-Gallon Refinery Goes Dark. How High Can Midwest Gas Prices Go?
6 Articles
6 Articles
Joliet refinery delayed in bringing capacity online as Midwest gas prices surge - Regional Media News
(The Center Square) - Following a power outage that took an entire fuel refinery offline last weekend, filings with regulatory agencies reveal that additional problems at the plant with flood water have kept the facility from operating, creating the potential for Midwestern fuel prices to [...]
11 Million-Gallon Refinery in Joliet Goes Dark. How High Can Midwest Gas Prices Go? – Yahoo Finance
Illinois diesel already sits at $6.50 a gallon and Chicago gasoline at $5.14, leaving consumers little buffer if the outage extends into weeks. A prolonged shutdown could push parts of the Midwest above $6 gasoline while widening refining margins for Exxon and other operating refiners.
Exxon’s 11 Million-Gallon Refinery Goes Dark. How High Can Midwest Gas Prices Go?
Gasoline and diesel prices were already moving higher before a floodwater-overwhelmed pump forced Exxon Mobil (NYSE:XOM) to keep its Joliet, Ill., refinery offline. This is critical because fuel markets have little room for another supply disruption. AAA put the national average for regular gasoline at $4.47 a gallon today, while Illinois averaged $4.86 and diesel […]
ExxonMobil Joliet Refinery Floods and Stays Offline as Midwest Diesel Hits Records - Energy News Beat
One of the Midwest’s most important diesel and gasoline plants is still dark. ExxonMobil’s Joliet refinery in unincorporated Channahon Township, Illinois — about 40 miles southwest of Chicago — remains offline after a Sunday power outage and a subsequent flood that overwhelmed a pump. ZeroHedge flagged the outage overnight as “one of the largest diesel refineries in the Midwest” going offline.
Exxon Says Power Is Back At Joliet, But The Refinery Still Isn't
Days after a Joliet refinery outage sent US diesel higher, the fallout has crossed into Canada, with Alberta gas prices jumping alongside it. The post Exxon Says Power Is Back At Joliet, But The Refinery Still Isn’t appeared first on the deep dive.
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