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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Breccia who wrote (99112)3/12/2013 1:31:27 PM
From: Cogito Ergo Sum  Respond to of 219492
 
THX that's interesting... added it to my follows too :O)

here is what google says..
Valero to ship U.S. crude to its Canadian refinery* Valero gets license to export US crude to Quebec refinery

* BP, Shell have similar licenses due to growing US output

(Reuters) - Valero Energy Corp has secured U.S. government permission to ship U.S. crude oil to Canada, joining other companies seeking to do the same in light of rising output.

Chief Executive Bill Klesse told analysts last week that Valero has the required license from the U.S. Commerce Department to ship Texas crude from Corpus Christi to its refinery in Quebec City, and aims to do so this summer.

more at reuters.com

[Jack says] so that must be the Levis refinery.. I have not checked on the state of refinery row in Montreal in a long time.. Most are just storage depots I believe if still extant and not golf courses :O).. Interesting to note closures started during the oil crisis ..

I love this story..

Imperial Oil Ltd. Esso Montreal East Refinery The Imperial Oil Ltd. Esso Montreal East Refinery was the first Montreal refinery. It was founded in 1913, three years after the founding of the city of Montréal-Est. The facility refined oil for more than 70 years and it returned service to the east Montrealers. It was constantly evolving and during the last years of its operation, the company made massive investments to strengthen the refinery's position in the market. The closure of the refinery and its dismantling remains mysterious due to its profitability and its successful refining units. It is possible that a new Imperial Oil refinery will return to Montreal-East.

and this (I guess this is to be expected in an oil poor country with little domestic supply (Dr. Drolet would enjoy my tone :O)

Texaco Montreal East Refinery The Texaco Montreal East Refinery was located on the current grounds of Interquisa Canada on Gamble Avenue. It was near the Imperial Oil Ltd. refinery. It was founded in the 60s and operated for only twenty years. The closure of the Texaco refinery coincided with those of the refineries of Imperial Oil Ltd., Gulf Canada, and BP. These massive closures of refineries were made in the 80s during the oil crisis.

en.wikipedia.org