If you don't read the newspapers, you're uninformed. If you do read the newspapers, you're misinformed.

At the risk of correcting Mark Twain, here's an example where you get both at once.  It's a twofer!  East Coast loses 50% of its refining capacity:

In 2011, Sunoco shuttered its 178,000 bpd refinery in Marcus Hook, Pennsylvania after it said it received no bids. The refinery, which began operation in 1902, is being evaluated by a regional board as to what the best use will be.

Sunoco has said it will close down its 335,000 bpd Philadelphia refinery, the nation's longest continuously running plant, by July 1 if there are no buyers.

ConocoTrainer also idled its 185,000 bpd refinery in nearby Trainer, Pennsylvania in late September. The company says it continues to seek a buyer.

All three refineries are in a 12-mile radius.

700,000 bpd of refining capacity have been idled.  With gas at $4/gal there were no bidders?  How come?  Migraine headaches? George W. Bush?  Space aliens?  The article doesn't say. 

It's what's not said that demonstrates the bias.  What's the over/under on either the Federal or the Pennsylvania EPA regulations making these too costly to continue refining oil into gasoline?  The suspicion is that in a election year, you can't handle the truth ...



The MSM has a greater responsibility than you can possibly fathom, prole.

Via Ace.