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Energy costs, jet fuel drop combine to close refinery

The News Tribune -- FAIRBANKS -- Decreased jet fuel sales in Anchorage were a secondary factor into the decision to shut down a crude oil refining unit at the North Pole Refinery, which will cost 35 to 40 jobs, according to a spokesman for refinery owner Flint Hills Resources.

Jeff Cook told the Fairbanks Daily News Miner that competitors are able to sell jet fuel cheaper to Ted Stevens Anchorage International Airport because it costs them less to produce it.

"We cannot economically compete with refiners who can bring jet fuel into Anchorage refined at other locations with a) cheaper crude, and b) cheaper energy," Cook said.

Besides the job loss, the decision will affect the Alaska Railroad, a spokeswoman said.

Flint Hills sent 36,000 tank cars filled with 800 million gallons of product to Anchorage in it

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Submitted Apr 16, 2012 By: angel4me
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singlemom27
Champion Author Ventura

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Message Posted: Apr 16, 2012 8:20:47 PM
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This is discouraging...we need refinery capacity close to the crude sources.
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SavinOnFuel
Champion Author Gary

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Message Posted: Apr 16, 2012 8:17:31 PM
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Oh GREAT, NOW what's Santa gonna do???
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SilentpartnerMN
Champion Author Minnesota

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Message Posted: Apr 16, 2012 8:12:59 PM
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This will continue to happen around the country. Would be interesting to see what drives the operating costs so high in some of these places.
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nimpy
Champion Author Indianapolis

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Message Posted: Apr 16, 2012 8:11:28 PM
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Hmm and airline prices are sky high
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balljars
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Message Posted: Apr 16, 2012 8:09:42 PM
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Sorry to see another refinery close.
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ramshot412
Champion Author Riverside

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Message Posted: Apr 16, 2012 8:09:04 PM
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Less fuel refined = HIGHER prices.
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IUVidiot
Champion Author Indiana

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Message Posted: Apr 16, 2012 8:08:08 PM
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Ok
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MINIWINI598
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Message Posted: Apr 16, 2012 8:03:40 PM
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ok
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Beaveronparade
Champion Author Hartford

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Message Posted: Apr 16, 2012 8:02:45 PM
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It is a shame to see so many refineries closing.
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crashintuc34
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Message Posted: Apr 16, 2012 7:59:59 PM
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Wonderful.
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GoneUpAgain
Champion Author Atlanta

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Message Posted: Apr 16, 2012 7:59:47 PM
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Tell the guys losing their jobs to go to ND. They will probably get scarfed up fast and double the pay. Heck it gets cold in ND too but the spring and summer are warmer than Alaska.
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kingofcode
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Message Posted: Apr 16, 2012 7:57:58 PM
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THANK'S
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rodzilla123
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Message Posted: Apr 16, 2012 7:55:54 PM
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Thats a real shame.
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96sc1
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Message Posted: Apr 16, 2012 7:55:41 PM
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I guess those 35 to 40 people will just have to live on their union checks and government benefits.
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Pramodsharma
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Message Posted: Apr 16, 2012 7:52:36 PM
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Nice to know
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goodbuy
Champion Author Michigan

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Message Posted: Apr 16, 2012 7:52:13 PM
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Refine some Diesel Fuel.
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no8c
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Message Posted: Apr 16, 2012 7:48:44 PM
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Thanks for posting this article!
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umitb
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Message Posted: Apr 16, 2012 7:44:38 PM
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ok
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Dachande73
Rookie Author Pensacola

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Message Posted: Apr 16, 2012 7:44:11 PM
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Refine other fuels then.
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Beauff
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Message Posted: Apr 16, 2012 7:41:45 PM
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ok
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jb107
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Message Posted: Apr 16, 2012 7:39:50 PM
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There will have to be a way to work this out.
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itsjustme719
All-Star Author Hamilton

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Message Posted: Apr 16, 2012 7:38:06 PM
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More people out of work.
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BeulahME
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Message Posted: Apr 16, 2012 7:36:40 PM
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sounds fishy.
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julius1st4
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Message Posted: Apr 16, 2012 7:34:31 PM
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Sounds like a "Real" Screw Up. The consumer gets shafted again.
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srchr
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Message Posted: Apr 16, 2012 7:31:21 PM
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cheaper is better if it's not an attempt at establishing a monopoly
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iceman11
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Message Posted: Apr 16, 2012 7:29:50 PM
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ok
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walkingtall
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Message Posted: Apr 16, 2012 7:26:59 PM
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People need to make good use of their resources,when ever they can.
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jimbo1867
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Message Posted: Apr 16, 2012 7:26:01 PM
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uhuh
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Agarre
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Topshopper2011
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Message Posted: Apr 16, 2012 7:23:21 PM
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What is the real truth?
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paulydel
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Message Posted: Apr 16, 2012 7:21:29 PM
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This is just putting the clamps on more gas being refined.
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ShabbyPA
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Message Posted: Apr 16, 2012 7:20:54 PM
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cant win
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big_mac64
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Message Posted: Apr 16, 2012 7:20:37 PM
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another refinery shuts down...they really want gas prices to stay up, don't they?
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Romey08
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Message Posted: Apr 16, 2012 7:13:15 PM
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cannot win for reducing usage
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BIGREDNM
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Message Posted: Apr 16, 2012 7:12:31 PM
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And they all couldn't just drop prices and wages across the board, and everyone would still have a job.
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mycar2
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ok
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pbug101
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Point__man
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Message Posted: Apr 16, 2012 6:55:43 PM
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people need to make good use of their resources whenever they can; all markets rise and fall at one time or another ;)
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adr47
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Don't fly much
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etop8222
Veteran Author Reading

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Message Posted: Apr 16, 2012 6:47:11 PM
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Jet fuel prices are a concern for me as I am paying for four round trip tickets from Californis to Pennsylvania. I will purchase the tickets shortly since they will be needed the first week in June.
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LVNV6ofSpades
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TXHUNTER1
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OK
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joko0
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Message Posted: Apr 16, 2012 6:44:38 PM
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Always an excuse to raise prices.
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warlord1
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ok
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MarkC08
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dale243
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Message Posted: Apr 16, 2012 6:31:20 PM
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That will keep prices up.
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h2ojumper
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Message Posted: Apr 16, 2012 6:28:48 PM
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ok
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nztyraider
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Oops.
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CrappieFool
All-Star Author Alabama

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Message Posted: Apr 16, 2012 6:28:08 PM
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No gubment agency uses common sense. That includes the EPA.

[Edited by: CrappieFool at 4/16/2012 6:28:43 PM EST]
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bigrigAZ
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Message Posted: Apr 16, 2012 6:27:00 PM
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WALKIT1 may have it right. Are we the only country that has a stupid EPA running their country. Makes sense China doesn't need one. Every thing in stores in the US seems to have been made in China. Cheap stuff and leaded down. Why can't we ship our EPA to China and start drilling and stop exporting.
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bigoilscamsus
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Message Posted: Apr 16, 2012 6:25:23 PM
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Ideas for the gas price protest signs!!!--GAS PRICE PROTEST-- STOP PRICE FIXING-- CONGRESS HELP US-- PIG OIL MUST GO -- US CRUDE FOR US GAS --BUILD MORE REFINERIES--GAS PRICE EQUAL HIGHWAY ROBBERY- BIG OIL IS THE MOB --BIG OIL AND THE MONEY TREE-- PRICE MANIPULATION MUST STOP--BIG OIL SCAMS US--------- BUY NO GAS TODAY-- PIPELINES, THE PERFECT COVER UP--PIPELINES EQUAL TAX EVASION---------------- BIG OIL IS RACKETEERING
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