Page 4 - Refinery Fire News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Aproo approval rating but it's not really that much higher. his gains the first 2 1/2 years as other presidents. all of these tensions as well, we have oil to talk about here, tensions in iran. refinery fire on friday. oil prices jumped last week. higher crude prices lead to higher gas prices and that raises costs for consumers and manufacturers as an election approaches. until now energy prices have been falling. there were plenty of global supplies, worries about the economies around the world, bear market on oil this spring but right now risk is back in the market and there's a floor under ...

We've got breaking news now in philadelphia. you're looking at live pictures of a refinery fire there. the fire reportedly breaking out at the philadelphia energy solutions refinery which processes about 335,000 barrels a day. no comment from the company yet. no word on injuries or the cause of that fire. we're going to bring you some more information as it develops. more breaking news. this out of hong kong where protests are ramping up again. protesters have occupied a main highway around government headquarters demanding a complete withdrawal of the government transportation mess. ivan, w...

Is that the rational? and if that is the case what would be different this february from february a year ago? >> it's totally different. let's talk about hurricane sand deal. out on the east coast of course that set back that refining process back weeks, if not months, if not years. we had a very cold winter in europe. usually we get he can ports from europe. not happening this year. you look on the west coast a few months ago we had a major refinery fire. the refineries that would have gone into maintenance earlier couldn't because they had to keep producing gas hraoefpblt they all went down ...

Analysts say refineries are at its lowest level in 20 years in several california facilities. we're also dealing with repairs and maintenance issues. >> repairs and maintenance issues at the refineries. so crude oil prices are down, plenty of gas in the inventories, but the refineries california refineries were not working at capacity because of repairs and maintenance issues. and so california was getting a giant price spike. the biggest gasoline market in the nation had its prices going way up. they're going down everywhere else, but up in california. that's what we were told. the refineries...

Were not working at capacity because of repairs and maintenance issues. so california was getting a giant price spike. the biggest gas market had their prices going up. down everywhere else, but up in california. but there was no real reason to question it because it's happened before. a chevron refinery in california caught fire in 1989. flames shot 100 feet in the air. seven people were injured. . gas prices spiked right away and people blamed the fire. the fire slowed supplies to retailers by 25%. gas prices in california went up. refinery goes down, prices go up. march 1999, same refinery....