Breitling Oil and Gas Morning Podcast #181 10-31-12

Two US East Coast refineries were closed or preparing to close because Hurricane Sandy was expected to make landfall near the New Jersey-Delaware border late last week, the US Department of Energy Office of Electricity Delivery & Energy Reliability reported.

Phillips 66 closed its 238,000 b/d refinery in Linden, NJ, and Hess Corp. expected to complete the shutdown of its 70,000 b/d refinery in Port Reading, NJ, DOE said. The Port Reading refinery does not process crude oil but processes gas oil.

PBF Energy Inc. was operating its 182,200 b/d refinery in Delaware City, Del., and its 160,000 b/d refinery in Paulsboro, NJ, at reduced rates.

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