How The East Coast Avoided An Oil Crunch
From CNBC
Last September, Sunoco and ConocoPhillips announced they would both close their Pennsylvania oil refineries.
Roughly 330,000 barrels of oil are supplied through the Sunoco refinery in Philadelphia… every day.
Closing of the refineries would have not just resulted in hundreds of lost jobs, but an east coast supply crunch could potentially have occurred.
