Politics of Energy Message Board

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Politics : Politics of Energy

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To: Brumar89 who wrote (73925)	12/30/2016 3:21:15 PM
From: Brumar89	Read Replies (1) of 86355

.......... After years of running flat out, U.S. Gulf Coast refiners are lining up repairs to plants in 2017 – but facing a severe labor shortage that could delay work, drive up costs and raise accident risks. Fuel producers such as Marathon Petroleum Corp (MPC.N: Quote) and Valero Energy Corp (VLO.N: Quote) have delayed routine work in the past 24 months amid high margins. Those margins collapsed this year in a global fuel supply glut, providing an incentive for refiners to undertake the shutdowns necessary for maintenance. But refiners are now competing for pipe fitters and ironworkers with a host of billion-dollar energy projects, including Cheniere Energy’s (LNG.A: Quote) liquefied natural gas export terminals and a new petrochemical unit for Dow Chemical (DOW.N: Quote). .......... hotair.com

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