BP to restart refinery blamed for Pacific Northwest gas prices

| Print |  Email
Must Reads
Thursday, May 17, 2012

BP plans to restart its Cherry Point refinery by month's end.

Its shutdown along with three in California has been blamed for the recent spike in gas prices on the West Coast.

Collectively, the four refineries are capable of turning as much as 723,000 barrels of crude oil a day into gas.

In Oregon, the average price for regular unleaded stood at $4.205 a gallon Wednesday, an 18-cent, or 4.6 percent, jump in the last week. By comparison, the national average is $3.73. That's a 2-cent decline in the last week and an 18-cent drop in the last month.

Read more at OregonLive.com.

{biztweet}bp refinery{/biztweet}

 

Comments   

 
Karl  Marx
0 #1 Whom the bell tolls..Karl Marx 2012-05-21 18:39:21
BP has pulled this close a refinery or two during peak consumption times trick way too many times for it be a coincidence. Ya Think they maybe they are making us pay for their fiasco in the Gulf, like there was any doubt who would end up with the bill for their incompetence.
Quote | Report to administrator
 

More Articles

Quake as metaphor

Linda Baker
Tuesday, July 14, 2015
071515-earthquakia-thumbBY LINDA BAKER

The Big One serves as an allegory for Portland, a city that earns plaudits for lifestyle and amenities but whose infrastructure is, literally, crumbling.


Read more...

Fixing Oregon’s broken roads

The Latest
Tuesday, June 09, 2015
RUCCostComparison rev4-30BY KIM MOORE | RESEARCH EDITOR

The technology at the center of Oregon’s road usage fee reform.


Read more...

Store Bought

July/August 2015
Friday, July 10, 2015
BY LINDA BAKER

Market of Choice is on a tear. In 2012 the 35-year-old Eugene-based grocery chain opened a central kitchen/distribution center in its hometown. The market opened its third Portland store in the Cedar Mill neighborhood this year; another outpost in Bend broke ground in March. A fourth Portland location is slated for the inner southeast “LOCA” development, a mixed-use project featuring condos and retail. Revenues in 2014 were $175 million, a double-digit increase over 2013. CEO Rick Wright discusses growth, market trends and how he keeps new “foodie” grocery clerks happy.


Read more...

Fueling Up for the Climb

July/August 2015
Friday, July 10, 2015
BY GREGG MORRIS

Rita Hansen aims to scale natural gas vehicle innovation.


Read more...

Reader Input: Road Work

March 2015
Wednesday, July 15, 2015

Oregon's roads are crumbling, and revenues from state and local gas taxes are not sufficient to pay for improvements. We asked readers if the private sector should help fund transportation maintenance and repairs. Research partner CFM Strategic Communications conducted the poll of 366 readers in February.

0315 input01 620px

 

Reader comments:

"I feel private enterprises are capable of operating at a higher efficiency than state government."

"This has been used in Oregon since the mid-1800s. It is not a new financing method. This form of financing may help Oregon close its infrastructure deficit by leveraging funds."


Read more...

Loose Talk

July/August 2015
Friday, July 10, 2015
BY AMY MILSHTEIN

When gossip crosses the line.


Read more...

Best Foot Forward

July/August 2015
Monday, July 13, 2015
BY CHRIS NOBLE

Whether you're stepping out to work or onto the track, Pacific Northwest shoe companies have you covered.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS