• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

203-656-1143

alebow@commodityresearchgroup.com

Commodity Research Group

AN INDEPENDENT COMMODITY RESEARCH GROUP

  • About Us
  • Our Associates
  • Research
  • Press
  • Podcast
    • All Episodes
    • Monthly Oil Market Report
    • Talkin’ EIAs
  • Blog
Contact Us

Planned shutdown of Philadelphia refinery… EIA

You are here: Home / Commodity Research / Planned shutdown of Philadelphia refinery… EIA

July 3, 2019 by Jim Colburn Leave a Comment

From,the EIA’s,This Week In Petroleum, here…

“On Friday, June 21, the Philadelphia Energy Solutions (PES) 335,000 barrels per day (b/d) refinery in South Philadelphia experienced a major fire and explosion. The resulting damage to the refinery and preexisting financial strains led PES to announce its intention to shut down operations at the refinery. The closure of the Philadelphia refinery would decrease the number of operating East Coast refineries to seven and total operating capacity to 889,000 b/d (Figure 1). The U.S. Energy Information Administration (EIA) estimates closing the Philadelphia refinery would reduce East Coast gasoline supplies by approximately 160,000 b/d and distillate supplies by approximately 100,000 b/d. The potential shutdown of the largest refinery by capacity on the U.S. East Coast is likely to reconfigure petroleum product supply chains in the Central Atlantic.”

Category iconCommodity Research


 

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

 


Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Recent Posts

  • Podcast: January 2025 Oil Market Analysis
  • Podcast: September 2024 Oil Market Analysis
  • Podcast: June 2024 Oil Market Analysis
  • Podcast: April 2024 Oil Market Analysis
  • Podcast: February 2024 Oil Market Analysis
  • Podcast: January 2024 Oil Market Analysis
  • Podcast: June 2023 Oil Market Analysis

Footer

Get in touch

Get professional market research now.

203-656-1143

alebow@commodityresearchgroup.com

Resources

  • Research
  • Press
  • Podcast
  • Blog
Copyright © 2025 Commodity Research Group. All rights reserved. Developed by EKT Interactive. Return to top