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Come By Chance refinery finds an owner with plans to switch to renewable fuel, says union president

Come By Chance refinery finds an owner with plans to switch to renewable fuel, says union president Worries about the idled Come By Chance oil refinery could be over, as the facility has been bought by United States-based private equity firm Cresta Fund Management, a union representative confirmed on Tuesday.  Social Sharing CBC News · comments The Come By Chance refinery may have found new owners which will keep the facility open to create biofuel. (Silverpeak) Worries about the idled Come By Chance oil refinery could be over, as the facility has been bought by United States-based private equity firm Cresta Fund Management, a union representative confirmed on Tuesday. 

Colonial shutdown shows how America s electric grid pays price of efficiency

Colonial shutdown shows the price of efficiency - The Washington Post

Colonial shutdown shows how Americans pay the price of efficiency

Colonial shutdown shows how Americans pay the price of efficiency Will Englund © Dustin Chambers for The Washington Post Cars line up at a Costco in Sharpsburg, Ga., as demand for gasoline surges following the cyberattack that shut down the Colonial Pipeline. The drivers stuck in gas lines after the Colonial Pipeline shutdown, the Texans freezing in their homes after the February grid collapse, the Californians sweltering through their own power failures last summer all were paying the unintended and unexpected price of efficiency. The market-driven energy sector has spent a decade or more cutting costs, streamlining and digitizing. Four big oil refineries have shut down in Pennsylvania and New Jersey since 2010 because it’s cheaper to bring in gasoline by pipeline from the Gulf Coast, 1,500 miles away as long as that pipeline stays in operation. Texas and California have driven the price of electricity down by throwing out the old regulatory struc

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