The Texas refineries will remain closed for at least another two weeks
Most US Gulf Coast refineries have begun procedures to restart operations disrupted by last week's severe winter storm, but it could take up to two weeks for some plants to return to normal fuel production.
Freezing temperatures affected refining equipment and caused problems for steam and cogeneration units at some refineries, sources familiar with the situation told Reuters on Wednesday.
Pemex's Deer Park refinery and Motiva Enterprises' Port Arthur refinery, the largest refinery in the United States, could see their restart stretched into the first or second week of January, sources familiar with the operations told Reuters. of refinery programs.
Refineries operated by Motiva Enterprises, Marathon Petroleum and TotalEnergies outside Houston closed late last week. Operations of other refineries in Texas, operated by ExxonMobil, Valero Energy and LyondellBasell, were also disrupted by the severe winter storm.
In total, extreme winter weather affected some output from refineries along the Gulf Coast, which collectively process 3.58 million barrels per day (bpd) and supply about 20 percent of US fuels.
Last week, the national average price of gasoline fell for the seventh straight week, but it's not certain this week will bring another drop in gasoline prices, due to rallying oil prices and storm-related refinery outages , according to fuel-saving app GasBuddy.
“We're still waiting for the national average to fall below $3 a gallon, which is suddenly a little less likely given the extreme cold that has disrupted refining operations in the South, curbing gasoline production and potentially causing prices slightly,” said Patrick De Haan, head of petroleum analysis at GasBuddy, on Tuesday.
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The article The Texas refineries will remain closed for at least another two weeks comes from Scenari Economici .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/le-raffinerie-del-texas-resteranno-chiuse-almeno-per-altre-due-settimane/ on Thu, 29 Dec 2022 07:00:08 +0000.