Bullboard - Stock Discussion Forum Suncor Energy Inc. T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks... see more

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Suncor Energy Inc. > Marathon fire boosts crack spreads

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Post by MigraineCall on Aug 25, 2023 3:21pm

Marathon fire boosts crack spreads

Wow...

https://twitter.com/Rory_Johnston/status/1695152989068046620/photo/1

The refinery fire at Marathon Garyville LA has cused the refinery to shut down, 600,000 BPD.

Given low inventories of gasoliine and diesel, prices surge.

Just need a hurricane to take out another refinery, and it's really game on.

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Comment by MigraineCall on Aug 25, 2023 3:25pm

https://twitter.com/WBRZ/status/1695113474756550870 It looks bad, but I would think that since it is only a storage tank, the refinery should return to operation soon.

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Comment by ztransforms173 on Aug 25, 2023 3:35pm

The full statement from Marathon can be read here: "Marathon Petroleum personnel and local emergency responders are currently responding to a naphtha release and fire at a storage tank at the company’s Garyville, Louisiana, refinery. The release and fire are contained within the refinery’s property and there have been no injuries. As a precaution, air monitoring has been deployed in the ...more

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