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Biden’s EPA Holds Up Major Oil Refinery Amid National Fuel Crisis
Daily Caller News Foundation ^ | November 17, 2022 | Jack McEvoy
Posted on 11/18/2022, 8:21:36 PM by george76
The Environmental Protection Agency (EPA) on Thursday announced that a large idled refinery in the U.S. Virgin Islands will remain shut down until it acquires a new Clean Air Act permit amid a national diesel shortage.
The St. Croix refinery, owned by West Indies Petroleum Limited and Port Hamilton Refining and Transportation, LLLC, has been shut down since June 2021 and will have to obtain a Prevention of Significant Deterioration permit which would require the operators to provide detailed air quality analyses and use sophisticated air pollution control technology, according to the EPA press release. At the same time, the U.S. only has 26 days of diesel remaining in its commercial inventories and a gallon of diesel is roughly $1.58 more expensive than it was in November 2021, according to the Energy Information Administration (EIA).
> Biden’s EPA Holds Up Major Oil Refinery Amid National Fuel Crisis
This is one of the biggest reasons fuel costs are so high. Refining capacity is THE biggest reason. Energy drives the economy. Trump understood this. Literally nobody else does (except for me).
-SB