Originally Posted by Tredici
When that refinery had blast off it was early in the morning. I remember opening my eyes and seeing the walls of the house concuss like someone had sucked in the perimeters and then blew them out. Not knowing what was going on my first thoughts were - Rocky Flats, we're dead!
U.S Refineries have been increasing output without asset improvement and pushing out maintenance schedules as cost saving measures as standard operating over the last ten years or so. Talk to the Wall Street Anaylsts who advice on what they perceive is required to keep a benevolent attitude towards the stock price.
I remember my parents house shaking and the windows almost blowing out. in 78 This was in Aurora, about 10-15 miles away from the refinery. I cant imagine what it would be like to be up close. I feel for those hurt, probably would be better to be dead.
As for the 3% of the total US output, I am sure the companies will use this to skyrocket prices 10 fold. Remember after Valdez, they jacked prices up, and this was one stinking ship.