refineries

The U.S. Environmental Protection Agency has settled a lawsuit on measuring toxic emissions from refineries and chemical plants. The move comes after complaints by community groups in Texas and Louisiana.

Oil Refineries Wait For Isaac To Pass

Aug 28, 2012

Transcript

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DAVID GREENE, HOST:

NPR's business news starts with an eye on oil prices.

Isaac is not expected to grow beyond a Category 1 hurricane and that is easing some concerns it could damage oil and gas refineries along the Gulf Coast. Still, several have shut down operations and will probably be offline for a couple days. Depending on Isaac's severity, analysts say gas prices could go up by about 10 cents or so in the coming weeks. Transcript provided by NPR, Copyright National Public Radio.

OBERLIN — The Allen Parish Police Jury has agreed to lease more of the former Arizona Chemical property in Oakdale to a Texas-based company for a $100 million refinery.

The company, Virtual Engineering Operations, plans to a build refinery to process 20,000 barrels a day of crude to produce diesel fuel for farmers, jet fuel and heating oil.

The American Press reports the company hopes to increase its production to 40,000 barrels a day in the future with construction of a pipeline.