The company is hoping to get control of escalating jet fuel costs. Now, what does that mean for airline passengers?
Government officials hailed the sale of the ConocoPhillips refinery in Trainer, Delaware County to a division of Delta Airlines, which plans to use the facility to keep its own fuel costs in check. But there are still two other refineries whose futures remain in doubt.
What has brought the region to this stage, where two major oil refineries have been shut down and a third could join them in a couple of months?
If, like most people, you’re worried about gasoline prices, you might.
The tiny town of Marcus Hook, Pa. depended heavily on earned income taxes from the Sunoco plant, now closed. Its local economy is in trouble.
So, with a half-billion-dollar potential hit to the regional economy looming in just three months, what does the future hold for the Delaware Valley’s three local refineries? Sunoco CEO Brian MacDonald isn’t sure.
Delaware County has authorized a $100,000 study to look into potential new uses for the shut-down Sunoco oil refinery in Marcus Hook.
Delaware County Emergency Service officials met with representatives from Sunoco and Conoco Phillips oil refineries on Thursday to discuss public safety concerns following the closure of the two facilities.
Officials of Sunoco and ConocoPhillips told state lawmakers yesterday they are still working to find a buyer their idled Delaware County refineries, while local emergency response officials expressed concerns that they may be left holding the bag if no buyers are found.