But not for the reasons you might expect.
Negotiations between U.S. refiners and the union failed to reach a deal by a 12:01 a.m. Sunday deadline. USW workers have been instructed to finish their shifts and then leave nine refineries from Houston, Texas to the Los Angeles, Calif.
The union has been trying to negotiate a new three-year agreement that addresses industry-wide wage increases, safety conditions and staffing issues. The deal would form the baseline for additional talks between companies and local unions, and cover 30,000 workers at 230 refineries, oil terminals, pipelines, and petrochemical plants.
USW represents workers at 65 fuel-making plants around the U.S. which it says account for nearly two-thirds of the country's refining capacity.
USW said the plants where workers will strike include: LyondellBasell Industries ' plant in Houston, Texas; Royal Dutch Shell PLC's complex in Deer Park, Texas; Marathon Petroleum Corp. 's sites in Galveston, Texas City and Catlettsburg, Ky; and three Tesoro facilities in Washington and southern California.
http://insider.foxnews.com/2015/02/01/united-steelworkers-union-strikes-major-us-oil-refineries (http://insider.foxnews.com/2015/02/01/united-steelworkers-union-strikes-major-us-oil-refineries)
Quote from: Solar on February 03, 2015, 06:25:41 PM
But not for the reasons you might expect.
Negotiations between U.S. refiners and the union failed to reach a deal by a 12:01 a.m. Sunday deadline. USW workers have been instructed to finish their shifts and then leave nine refineries from Houston, Texas to the Los Angeles, Calif.
The union has been trying to negotiate a new three-year agreement that addresses industry-wide wage increases, safety conditions and staffing issues. The deal would form the baseline for additional talks between companies and local unions, and cover 30,000 workers at 230 refineries, oil terminals, pipelines, and petrochemical plants.
USW represents workers at 65 fuel-making plants around the U.S. which it says account for nearly two-thirds of the country's refining capacity.
USW said the plants where workers will strike include: LyondellBasell Industries ' plant in Houston, Texas; Royal Dutch Shell PLC's complex in Deer Park, Texas; Marathon Petroleum Corp. 's sites in Galveston, Texas City and Catlettsburg, Ky; and three Tesoro facilities in Washington and southern California.
http://insider.foxnews.com/2015/02/01/united-steelworkers-union-strikes-major-us-oil-refineries (http://insider.foxnews.com/2015/02/01/united-steelworkers-union-strikes-major-us-oil-refineries)
Hopefully, this will be settled soon. At this time there probably is a small surplus of supply, but we are nearing the spring where the blend must be changed for environmental reasons. Nor good with the economy showing indications of a slowdown.
Quote from: supsalemgr on February 04, 2015, 05:10:50 AM
Hopefully, this will be settled soon. At this time there probably is a small surplus of supply, but we are nearing the spring where the blend must be changed for environmental reasons. Nor good with the economy showing indications of a slowdown.
If there is any interruption in the process, we here on the west coast will feel it within a few days, considering they already closed the Martinez plant, which supplies most of Ca with gasoline, I could see price jumping .5 cents a day till they reopen.
Too bad it's Shell, Europeans love Unions and will do what is necessary to appease them.
No..!! it will not i guess...
Solar, you posted this on the fifth.
And our prices already jumped overnight twenty cents...wtf?
Went from 1.59 to 1.89 at the local station here lit overnight.
That is not supply and demand, that is "speculation"...and it should be illegal.
These companies get tax money to operate, they get tax breaks to operate, and they get special protections against suit by we the consumers in the law.
As such they should be required and then held to only charging us based upon supply and demand.
If not fine, end subsidies, end tax breaks, and end special protections against suit in the law. AND let them have to do business like any other merchant.
Quote from: daidalos on February 10, 2015, 01:07:04 PM
Solar, you posted this on the fifth.
And our prices already jumped overnight twenty cents...wtf?
Went from 1.59 to 1.89 at the local station here lit overnight.
That is not supply and demand, that is "speculation"...and it should be illegal.
These companies get tax money to operate, they get tax breaks to operate, and they get special protections against suit by we the consumers in the law.
As such they should be required and then held to only charging us based upon supply and demand.
If not fine, end subsidies, end tax breaks, and end special protections against suit in the law. AND let them have to do business like any other merchant.
It's more complicated than you thin.
Refineries are already running at 85% of max If one refinery shutters, others take up the slack, but iif several close due to labor disputes, all the other refineries must make up for the loss and the increased demand on their workforce.
This means overtime pay out the ass, longer delivery runs for shipping etc.
Yes, gas jumped here quite a bit, I'm just glad I bought a 500 gallon tank and had it filled in late December.
Quote from: Solar on February 10, 2015, 06:51:47 PM
It's more complicated than you thin.
Refineries are already running at 85% of max If one refinery shutters, others take up the slack, but iif several close due to labor disputes, all the other refineries must make up for the loss and the increased demand on their workforce.
This means overtime pay out the ass, longer delivery runs for shipping etc.
Yes, gas jumped here quite a bit, I'm just glad I bought a 500 gallon tank and had it filled in late December.
I also see stations putting some extra cash in their pockets around my area, so it pays to look around.