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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.
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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. ....

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Silverpeak reaches tentative deal to potentially reopen Come by Chance refinery: union

Silverpeak reaches tentative deal to potentially reopen Come by Chance refinery: union
cbc.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbc.ca Daily Mail and Mail on Sunday newspapers.

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

The energy sector has stripped redundancy out of its systems, at the risk of leaving customers in the lurch when things go wrong. ....

United States , New York , New Jersey , White House , District Of Columbia , Carnegie Mellon University , Point Breeze , Akshaya Jha , Daniel Yergin , Donald Trump , Susan Grissom , Michael Davis , Drue Pearce , Martin Tallett , American Petroleum Institute , Grid Development Authority , Washington Post , Motiva Enterprises , Southern Methodist University Cox School Of Business , Atlantic Refinery Co , Hazardous Materials Safety Administration , Dustin Chambers , Washington Post Cars , Colonial Pipeline , Gulf Coast , New Map ,

Colonial shutdown shows the price of efficiency - The Washington Post

The energy sector has stripped redundancy out of its systems, at the risk of leaving customers in the lurch when things go wrong. ....

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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 ol ....

United States , New York , New Jersey , White House , District Of Columbia , Carnegie Mellon University , Point Breeze , Akshaya Jha , Daniel Yergin , Donald Trump , Susan Grissom , Michael Davis , Drue Pearce , Martin Tallett , American Petroleum Institute , Grid Development Authority , Washington Post , Motiva Enterprises , Southern Methodist University Cox School Of Business , Atlantic Refinery Co , Hazardous Materials Safety Administration , Dustin Chambers , Washington Post Cars , Colonial Pipeline , Gulf Coast , New Map ,