Jan
22

Who Will Save the East Coast’s Oldest Refiner After Bankruptcy?

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  • Fuelmakers lose hope for a Trump rescue from biofuels mandates
  • Philadelphia Energy Solutions bankrupt after 2012 bailout

After nearly 150 years in business, the biggest oil refinery east of the Mississippi River has operated through the Great Depression, two world wars and the 1970s Saudi oil embargo. It’s faced more than one shutdown. Now, its owner says a 13-year-old government biofuels mandate brought the Philadelphia fixture to its knees…

Who Will Save the East Coast’s Oldest Refiner After Bankruptcy?

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Categories : Finance

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