Tuesday, February 7, 2012
Headline: Refinery Closure Risk Downplayed
Kevin Lindemer, president of the Groton, Mass., Kevin J. Lindemer LLC consultant group, was hired by the Pennsylvania Petroleum Marketers and Convenience Store Association to analyze the impact of the shutdowns of ConocoPhillips Trainer and Sunoco’s Marcus Hook and Philadelphia facilities.
“The net effect of the announced changes in refining and logistics system capacity is likely to result in little impact on summer or winter refined products supply or prices in the U.S. East Coast market with the possible exception of Southwest Pennsylvania,” Lindemer concluded.
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