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

The 5 highest revenue-generating parks in Oregon

The Latest
Thursday, June 11, 2015
parksthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

In 2014, total revenue for camping and day use in Oregon State Parks was a little more than $17 million. That figure may even higher this year "because we've had exceptionally nice weather," Hughes says.


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...

House of Clarity

July/August 2015
Monday, July 13, 2015
BY JACOB PALMER

Holding a Power Lunch at Veritable Quandary in downtown Portland.


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...

Apartment Mania

Guest Blog
Thursday, June 18, 2015
4805983977 11466ce1d6 zBY BRAD HOULE | CFA

While most categories of commercial real estate have performed well, one of the most robust has been apartment buildings.


Read more...

Oregon needs a Grand Bargain energy plan

Linda Baker
Monday, June 22, 2015
0622-gastaxblogthumbBY LINDA BAKER

The Clean Fuels/gas tax trade off will go down in history as another disjointed, on-again off-again approach to city and state lawmaking.


Read more...

Farm in a Box

July/August 2015
Friday, July 10, 2015
BY JACOB PALMER

Most of the food Americans consume is trucked in from hundreds of miles away. Eric Wilson, co-founder and CEO of Gro-volution, wants to change that. So this past spring, the Air Force veteran and former greenhouse manager started work on an alternative farming system he claims is more efficient than conventional agriculture, and also shortens the distance between the consumer and the farm.


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