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Petrotrin refinery shut down

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Re: Petrotrin refinery shut down

Postby The_Honourable » May 27th, 2022, 10:27 am

Talks taking place with refinery bidder

The Energy Minister also tells TV6 News that the State-owned oil company and its advisors "are engaged in discussions with the last remaining entity out of the Request for Proposals" for the oil refinery in Point-a-Pierre.

But as for the name of the bidder, the Energy Minister said he would not want to breach any non-disclosure arrangements.

https://www.tv6tnt.com/news/7pmnews/tal ... 16db1.html

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Re: Petrotrin refinery shut down

Postby Numb3r4 » May 28th, 2022, 7:06 pm

So it's like Texaco never left.

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Re: Petrotrin refinery shut down

Postby The_Honourable » May 28th, 2022, 9:46 pm

What is the #truth? Was Petrotrin a drain on the economy or was it closed so other secret companies can sell fuel and make millions? #transparency #truth



https://www.tiktok.com/@ffos_global/vid ... 5325554949

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Re: Petrotrin refinery shut down

Postby Numb3r4 » May 28th, 2022, 10:23 pm

Is this RH Gas Energy?

https://rhgasenergy.com/

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Re: Petrotrin refinery shut down

Postby Kickstart » May 28th, 2022, 11:44 pm

The_Honourable wrote:What is the #truth? Was Petrotrin a drain on the economy or was it closed so other secret companies can sell fuel and make millions? #transparency #truth



https://www.tiktok.com/@ffos_global/vid ... 5325554949
ZR did explain all this years ago he did not lie

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Re: Petrotrin refinery shut down

Postby K74T » May 29th, 2022, 1:44 am

Hi zoom

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Re: Petrotrin refinery shut down

Postby De Dragon » May 29th, 2022, 9:27 am

The stupid arses like Tunts7 and Colos and Snowflake continually defend PT shutdown by saying they were a drain n the economy. Suddenly, without any change in business model, and being saddled with purchase of fuel, billions being made?

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Re: Petrotrin refinery shut down

Postby sMASH » May 29th, 2022, 9:52 am

The_Honourable wrote:What is the #truth? Was Petrotrin a drain on the economy or was it closed so other secret companies can sell fuel and make millions? #transparency #truth



https://www.tiktok.com/@ffos_global/vid ... 5325554949
They said, when it closes, it will free up money do do ALLL kinda ting... 0lace will be milk and honey.

Place get worse,

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Re: Petrotrin refinery shut down

Postby wing » May 31st, 2022, 9:27 am

Young, Imbert dismiss questions on Quanten

Anna Ramdass

 

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Prime Minister Dr Keith Rowley yesterday knocked UNC Senator Wade Mark’s “outrageous” remarks regarding Quanten LLC.

“The Minister of Finance/Corporation Sole has responded in protection of the public interest. It is now for you (Express) to obtain from Wade Mark the facts surrounding his usual outrageous undermining efforts so as to prevent yourself and your profession from being used as an echo chamber for ambitious speculation and outright lies and UNC conspiracy theories,” the Prime Minister said via WhatsApp in response to questions from the Express.

Quanten LLC, the company interested in buying the Pointe-a-Pierre refinery, has also won bids to operate refineries in Aruba and Angola.

Energy Minister Stuart Young, in rubbishing questions that Mark raised about Quanten LLC on Sunday, has confirmed that the American company is engaged in the RFP process for the refinery and it is being handled by Trinidad Petroleum Holdings Ltd (TPHL).

In a statement, Young said various arms of the United States government have communicated with him with respect to Quanten LLC, indicating its (Quanten’s) interest in the RFP process for the refinery and there has been support for the company as being an American-based entity.

Young stated that the company is engaged with TPHL and has to go through the standard and required processes in these types of matters and there is nothing further to be said at this stage.

Finance Minister Colm Imbert stated that the procurement process for the refinery has been closely monitored by the ministry as he, too, dismissed questions about Quanten.

125 years experience

On Sunday, Mark raised concerns about Quanten LLC, saying he was unable to locate the company’s headquarters except that a company “Quanten Inc” operated out of a “suite” in San Jose, California.

Mark said records at the California State Registry state that the company was owned by two brothers who are qualified electricians and who also owned Quanten Electrical Contracting Inc.

Two companies carrying the same name, he said, were also found registered in Texas.

These two companies, Quanten Angola Consortium LLC and Quanten Aruba Consortium LLC, were both registered by the same agent and attached to a house in Texas.

Mark expressed concern that Quanten LLC was bidding for this country’s billion-dollar Pointe-a-Pierre refinery and its official address is registered to a house.

Online searches by the Express yesterday showed up results for three companies with the Quanten name, in the US, Aruba and Angola.

According to quanten.us, Quanten LLC has a combined experience of over 125 years.

The company’s website stated that its work includes both small and large-scale business and project management in “high technology and power-related” projects.

This experience is in Japan, China, USA, Europe, India, Africa, Curacao and Southeast Asia and including more than 80 solar farms in the USA.

Jeff Meyers

The website lists two brothers as being co-founders of the company.

Jeff Meyers is the founder and board chairman of Quanten LLC and Quanten Electrical Contractor, Inc. (QEC), which provides electrical services for large commercial and industrial projects.

It stated that QEC collaborates with Pacific Gas & Electric (PG&E) utility in the USA in projects involving grid connection, and retrofitting buildings with energy-saving solutions utilising incentive funds as designated by the State of California.

The website names Jerry Meyers as co-founder of Quanten LLC and Quanten Electrical Contractor, Inc. (QEC) and stated he has more than 30 years’ experience from electrician to design-build and project management. He most recently has been heading up the project oversight of all operational projects with Pacific Gas & Electric.

Aruba refinery

There are online reports about the company’s bid to operate in Aruba and Angola.

According to arubanative.com, since 2020 Quanten Consortium Aruba, LLC was ready to invest up to US$3.5 billion in a 100-year-old refining tradition in Aruba.

The report stated that Quanten Consortium Aruba, LLC (QCA, LLC) was selected to finalise the due diligence process, and negotiate and sign a binding contract to refurbish, upgrade and operate the Aruba Refinery and Terminal Complex.

The report quoted Jeff Meyers speaking about the project: “This day marks the beginning of a new chapter. Together with our participating companies, in the long term, we intend to support the refinery to significantly improve its financial performance. The closing of the deal will be a remarkable achievement for QCA and for the Aruban citizens.”

Angola refinery

Quanten Consortium Aruba LLC is listed as being head-quartered in San Jose, California.

Quanten also won the bid to operate a refinery in Angola.

The Oil and Gas Journal report, dated March 2021, stated that Angola’s Ministry of Mineral Resources and Petroleum (MIREMPET) had awarded the country’s previously announced tender for construction of a 100,000-b/d grassroots refinery in Soyo, Zaire Province, to US-based Quanten Consortium Angola LLC.

It stated that as the winning consortium of eight groups of competitors vying for the project, Quanten will design, build, own, and operate the proposed deep-conversion refinery at Soyo, which will play a critical role in Angolan President João Lourenço’s programme of strengthening the African nation’s economy by helping reduce the country’s current reliance on expensive refined product imports.

The report stated that alongside construction of the refinery—which will have flexibility to process a variety of crudes for production of consumer-ready end products such as gasoline, diesel, jet fuel, and asphalt—Quanten separately said it will also:

*Design, build, own, and operate a tank farm and marine terminal for feedstock (including crude oil) delivered to and products exported from the refinery.

*Design, build, own, and operate all associated infrastructure, including an electric power generation plant, potable water plant, wastewater treatment plant, as well as all access roads and surrounding environmental developments at the site.

*Establish robust local content and economic development initiatives for Soyo City and Zaire Province.

The refinery is currently scheduled for start-up in 2024.

The Express contacted Jeff Meyers for comment but there was no immediate response up to last night.

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Re: Petrotrin refinery shut down

Postby sMASH » June 10th, 2022, 8:39 pm

Eyyyy...
IMG-20220610-WA0023.jpg

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Re: Petrotrin refinery shut down

Postby The_Honourable » June 11th, 2022, 1:39 am

Obviously pnm can't do business

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Re: Petrotrin refinery shut down

Postby death365 » June 11th, 2022, 3:09 am

Yeah sound economics.... sell low :buy high
sMASH wrote:Eyyyy...
IMG-20220610-WA0023.jpg

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Re: Petrotrin refinery shut down

Postby wing » June 12th, 2022, 7:43 am

Refineries cash in as petrol prices soar

By Ben King
Business reporter, BBC News

Published2 days ago

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Russia-Ukraine war

[https://ichef]IMAGE SOURCE,GETTY IMAGES

Oil refineries are making nearly five times as much money from refining petrol as they did year ago, data show.

A lack of capacity to refine petrol and diesel from crude oil has helped to push fuel prices to record levels, and increased profits for refinery owners.

Petrol prices are at an all-time high though the oil price remains well below record levels.

The loss of Russian supplies has stretched an industry which was already at full capacity.

Tuesday saw the fastest rise in petrol prices for 17 years, and the cost of filling a typical family car has now passed £100 for the first time, piling costs on motorists.

ADVERTISEMENT

On Thursday, the price of both petrol and diesel rose by nearly a penny a litre, the RAC said, with petrol at 183.16p a litre and diesel at 188.82p.

Part of the increase is down to the high price of crude oil, which is currently above $120 per barrel, driven up by fears the war in Ukraine would cut access to supplies from Russia.

That has led to billions of pounds of extra profit for oil producers, and led the UK government to impose a £5bn windfall tax on North Sea oil producers.

Fuel prices: Why is petrol so expensive in the UK?

Fuel cost: How to save petrol and diesel

But oil refiners - the companies which turn crude oil into diesel, petrol and other products - are seeing their profits rise substantially too.

“The refiners are printing money at the moment,” says Neil Crosby, senior analyst at the data firm OilX. “More than they have ever witnessed.”

There’s a shortage of refining capacity, which has led to substantial increase in the "refining margin" – the difference between what they pay for crude oil and what they can make selling the refined products.

“This is a real crunch in terms of the industry’s ability to produce these fuels. That very much turns up in the wholesale price of diesel and petrol,” says Mr Crosby.

And that's contributed to the fact that although oil prices are still some way off record highs, petrol and diesel have been setting new records day after day.

[https://ichef]IMAGE SOURCE,GETTY IMAGES

How much have margins increased?

Figures from the data company Refinitiv show how the business of refining oil has become so profitable in the past year.

On the 8 June 2021, refiners were making $9.26 per barrel from refining petrol, and $6.84 per barrel refining diesel.

On Wednesday, they were making $43.11 on petrol, up 366%, and $51.13 on diesel, up 648%.

Figures published by BP, which owns a number of refineries in Europe and the US, shows its own measure of refining profits, the ‘Refining Marker Margin’, up from $7.7 dollars per barrel to $35.7 over the past year.

US oil giant ExxonMobil owns a number of refineries, including Fawley in Hampshire, the UK’s largest. Last month the Financial Times quoted its chief executive Darren Woods as saying he did not think that the “very, very high margin environment” was “good for economies around the world.”

A source close to a major refinery owner argued that the refiners don’t set the margins themselves. Prices for crude oil, petrol and diesel are determined by the market - what supplies are available, and how much buyers will pay.

[https://ichef]

Why are refinery margins so high?

Before the invasion of Ukraine, much of Europe’s petrol and diesel supply was made in Russian refineries and imported in tankers. In 2020 the UK received 18% of its diesel supply from Russia.

Though that supply has not been cut off completely, the volumes coming from Russia are significantly lower as buyers shun Russian exports even before sanctions fully kick in.

Fuel stocks were low before the invasion and there was already a global shortage of refining capacity. The sector has not been highly profitable in recent years and attracted little investment.

So there was no slack to make up for lost Russian refining capacity.

The worldwide lack of refining capability has contributed to high fuel prices in other countries, including the US.

In addition, China has cut its exports of refined fuels. And although the UK doesn’t import directly from China, this has a knock-on effect on the entire global market, Mr Crosby says.

ExxonMobil did not respond to request for comment. BP declined to comment.


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Re: Petrotrin refinery shut down

Postby Kickstart » June 12th, 2022, 8:58 am

Appears PNM got the logic completely all wrong.

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Re: Petrotrin refinery shut down

Postby The_Honourable » June 14th, 2022, 10:46 am

Mystery Bidder, TPH reach negotiating stage for Refinery

The preferred bidder for Petrotrin’s Guaracara refinery will remain unidentified until the due diligence process has been completed.

Acting Prime Minister Colm Imbert revealed this in the Lower House today when asked by Caroni Central MP Arnold Ram whether a final decision has been made in respect of the sale/ lease of the refinery to a consortium of foreign investors.

According to Imbert, of the three final bids received for the sale or lease of the Guaracara Refinery, a preferred bidder has been identified. As a result, Trinidad Petroleum and its advisors are now engaging in its final due diligence conversations with the preferred bidder and also engaging in negotiations with the party.

“Upon the satisfactory completion of these conversations and discussions, an official letter of award will be issued to the preferred bidder outlining the timeline and scope of their exclusivity period.”

When asked about the timeline surrounding the discussions, Imbert said the government expects the diligence process to be completed “within the month of June 2022,”

“Once a formal letter of award has been issued, we will be in a position to officially and publicly announce the identity of the preferred bidder and the nature of their bid,” Imbert said.

He reiterated that during the exclusivity period, the preferred bidder would be in direct negotiations with Trinidad Petroleum, its advisors and the government with respect to an agreement for the purchase or lease of the refinery.

Source: https://tt.loopnews.com/content/mystery ... e-refinery

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Re: Petrotrin refinery shut down

Postby The_Honourable » June 19th, 2022, 3:21 pm

Aruba cuts Quanten

...invites other companies to bid for refinery deal

Image
Aruba’s Minister of Labour and Energy: Glenbert F Croes

THE government of Aruba has ended an exclusivity agreement with Quanten Consortium for the purchase of its refinery.

At a news conference on Wednesday, Aruba’s Minister of Labour and Energy Glenbert F Croes gave an update on the refinery, saying that other companies will be invited to the negotiating table.

Quanten LLC has been named as the company currently in negotiations for the Petrotrin refinery in Trinidad.

The company had won multi-billion-dollar bids to operate refineries in Aruba and Angola.

According to arubanative.com, since 2020 Quanten Consortium Aruba, LLC was ready to invest up to $3.5 billion into a 100-year-old refining tradition in Aruba.

The report stated that Quanten Consortium Aruba, LLC (QCA, LLC) was selected to finalise the Due Diligence process, and negotiate and sign a binding contract to refurbish, upgrade and operate the Aruba Refinery and Terminal Complex.

The report quoted Jeff Meyers, the founder and board chairman of Quanten, LLC and Quanten Electrical Contractor, Inc. as saying:

“This day marks the beginning of a new chapter. Together with our participating companies, in the long term, we intend to support the refinery to significantly improve its financial performance. The closing of the deal will be a remarkable achievement for QCA and for the Aruban citizens.”

Quanten Consortium Aruba LLC is listed as being headquartered in San Jose, California, USA.

Covid delays

The Express understands that there were delays in the project due the Covid-19 pandemic and the Aruban government, in wanting to move forward with restarting the refinery, opted to engage other companies in the process.

A report on diario.aw dated June 15, 2022 stated, “Exclusive agreement with Quanten Consortium Aruba to end.”

The English translation of the Dutch report stated that Minister Croes gave an update on the situation of the refinery in San Nicolas, reiterating the promise of having the refinery, which has been idle since 2012, restarted.

He said the Refineria di Aruba (RdA) has different contracts it is engaged in, including one with Eagle LNG.

The minister stated that the exclusivity agreement with Quanten had ended.

“After the period of exclusivity between RdA and Quanten Consortium ends, RdA has approached another company that participates in the previous process, but also another company that expresses interest in the refinery,” the report quotes the minister as saying.

Croes said RdA is going through the pre-screening process of the companies and that includes inviting them to a meeting, and asking for their information (full disclosure) of, among other things, a proposal as a project.

“It also requested a background check of the interested groups (KYC -Know Your Client), as well as a ‘full disclosure’ of their financial strength, to show their ability to carry out the project, according to the minister,” the report stated.

New process

It added that the minister indicated that several groups were in Aruba expressing interest.

The report stated that various aspects of the group are evaluated, including credibility, vision of the proposal and business plan.

In a Facebook post following his news conference on Wednesday, Croes stated different interests have expressed an interest in the refinery area.

“The process is under way and RdA is on the way to pre-screening from companies that express an interest,” he stated.

He said full disclosure and information must be provided.

The minister stated different groups will be meeting with the negotiating committee and himself as Energy Minister.

“During the meeting, each group must present a definitive plan, elaborate and detailed,” he stated, adding that the process will end in June.

He stated that in July the RdA negotiating committee will make an evaluation in accordance with the National Energy Policy.

He emphasised that the credibility of each group will be evaluated, including its financial capacity.

The minister stated that they want to have a decision on the refinery by August.

He stated the Government aims to develop the refinery area as an energy sector and must meet its roadmap to reach the Paris Agreement for the year 2050.

Questions about Quanten in T&T

Earlier this month, Energy Minister Stuart Young confirmed that Quanten LLC, an American company, is engaged in the RFP process for the refinery handled by Trinidad Petroleum Holdings Ltd (TPHL).

In a statement, he disclosed that various arms of the United States government have communicated with him with respect to Quanten LLC, indicating its (Quanten’s) interest in the RFP process for the refinery and there has been support for the company as being an American-based entity.

Young stated that the company is engaged with TPHL and has to go through the standard and required processes in these types of matters and there is nothing further to be said at this stage.

Finance Minister Colm Imbert stated that the procurement process for the refinery has been closely monitored by the ministry as he, too, dismissed questions about Quanten.

The information from the ministers came after Opposition Senator Wade Mark raised questions about Quanten LLC.

Mark expressed concerns about Quanten LLC saying that he was unable to locate the company’s headquarters except that the company “Quanten Inc” operated out of a “suite” in San Jose, California.

Mark said records at the California State Registry state that the company was owned by two brothers who are qualified electricians and who also owned the Quanten Electrical Contracting Inc.

Two companies carrying the same name, he said, were also found registered in Texas.

These two companies, Quanten Angola Consortium LLC and Quanten Aruba Consortium LLC were both registered by the same agent and attached to a house in Texas.

Mark expressed concern that Quanten LLC was bidding for this country’s billion-dollar refinery and its official address is registered to a house.

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Re: Petrotrin refinery shut down

Postby wing » June 19th, 2022, 3:23 pm

Patriotic 2.0

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Re: Petrotrin refinery shut down

Postby sMASH » June 23rd, 2022, 10:31 pm

Comment on Roda page is very succinct.
And ah man reply, that he type rubbish, and people there to be educated.
Screenshot_2022-06-23-22-22-41-116_com.facebook.katana.jpg
Z(62).jpg

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Re: Petrotrin refinery shut down

Postby Numb3r4 » June 24th, 2022, 6:25 pm

I get all my news from the sauce...Newsauce.

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Re: Petrotrin refinery shut down

Postby De Dragon » June 25th, 2022, 5:17 am

Head Commissioner of the Paria CoE resigns for personal reasons.
Goebbels, farse and outta timing as usual, announces that a replacement has already been found.
Twist Mouth Ramesh says dais small ting.

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Re: Petrotrin refinery shut down

Postby sMASH » June 25th, 2022, 5:09 pm

The police need to produce their investigation... This CoE and the legal suit are separate entities.

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Re: Petrotrin refinery shut down

Postby Lou Screuz » July 10th, 2022, 9:31 pm

The_Honourable wrote:What is the #truth? Was Petrotrin a drain on the economy or was it closed so other secret companies can sell fuel and make millions? #transparency #truth



https://www.tiktok.com/@ffos_global/vid ... 5325554949


that table he put up with the subvention data or lack of

is that real ?

was this in d news ?

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Re: Petrotrin refinery shut down

Postby sMASH » July 12th, 2022, 11:03 am

Petrotrin was OVERALL profitable. There was bad spending, but it still was in the black.
And things like income tax and bitumen etc was ways it contributed more to the country than just the profit or made.


The only ting that was problematic was the bullet payment to the Malcom jones wgtl loan.

If they could have paid that then kept the refinery running for one year, it would have been available to accept guyana crude...
And would be the best decision ever.

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Re: Petrotrin refinery shut down

Postby wing » July 12th, 2022, 11:22 am

sMASH wrote:Petrotrin was OVERALL profitable. There was bad spending, but it still was in the black.
And things like income tax and bitumen etc was ways it contributed more to the country than just the profit or made.


The only ting that was problematic was the bullet payment to the Malcom jones wgtl loan.

If they could have paid that then kept the refinery running for one year, it would have been available to accept guyana crude...
And would be the best decision ever.
X1000000000

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Re: Petrotrin refinery shut down

Postby K_J_R » July 12th, 2022, 12:45 pm

wing wrote:
sMASH wrote:Petrotrin was OVERALL profitable. There was bad spending, but it still was in the black.
And things like income tax and bitumen etc was ways it contributed more to the country than just the profit or made.


The only ting that was problematic was the bullet payment to the Malcom jones wgtl loan.

If they could have paid that then kept the refinery running for one year, it would have been available to accept guyana crude...
And would be the best decision ever.
X1000000000


most ah d ppl in trinidad supported d shutdown and still do.

logic doh apply here dan.

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Re: Petrotrin refinery shut down

Postby Gladiator » July 12th, 2022, 12:47 pm

K_J_R wrote:
wing wrote:
sMASH wrote:Petrotrin was OVERALL profitable. There was bad spending, but it still was in the black.
And things like income tax and bitumen etc was ways it contributed more to the country than just the profit or made.


The only ting that was problematic was the bullet payment to the Malcom jones wgtl loan.

If they could have paid that then kept the refinery running for one year, it would have been available to accept guyana crude...
And would be the best decision ever.
X1000000000


most ah d ppl in trinidad supported d shutdown and still do.

logic doh apply here dan.
They only support it because of racial politics and or PNM propaganda...

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Re: Petrotrin refinery shut down

Postby hover11 » July 12th, 2022, 1:00 pm

Gladiator wrote:
K_J_R wrote:
wing wrote:
sMASH wrote:Petrotrin was OVERALL profitable. There was bad spending, but it still was in the black.
And things like income tax and bitumen etc was ways it contributed more to the country than just the profit or made.


The only ting that was problematic was the bullet payment to the Malcom jones wgtl loan.

If they could have paid that then kept the refinery running for one year, it would have been available to accept guyana crude...
And would be the best decision ever.
X1000000000


most ah d ppl in trinidad supported d shutdown and still do.

logic doh apply here dan.
They only support it because of racial politics and or PNM propaganda...
The media gathered support as well when they said that the cleaner was making 10k a month

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Re: Petrotrin refinery shut down

Postby The_Honourable » July 12th, 2022, 1:04 pm

Lou Screuz wrote:
The_Honourable wrote:What is the #truth? Was Petrotrin a drain on the economy or was it closed so other secret companies can sell fuel and make millions? #transparency #truth



https://www.tiktok.com/@ffos_global/vid ... 5325554949


that table he put up with the subvention data or lack of

is that real ?

was this in d news ?


Seems to be real, but I don't recall this being on news. More than likely it was discussed in pro-unc media.

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Re: Petrotrin refinery shut down

Postby alfa » July 12th, 2022, 1:10 pm

Gladiator wrote:
K_J_R wrote:
wing wrote:
sMASH wrote:Petrotrin was OVERALL profitable. There was bad spending, but it still was in the black.
And things like income tax and bitumen etc was ways it contributed more to the country than just the profit or made.


The only ting that was problematic was the bullet payment to the Malcom jones wgtl loan.

If they could have paid that then kept the refinery running for one year, it would have been available to accept guyana crude...
And would be the best decision ever.
X1000000000


most ah d ppl in trinidad supported d shutdown and still do.

logic doh apply here dan.
They only support it because of racial politics and or PNM propaganda...

Lots of people were envious because of not getting to work there as well, that coupled with the PNM propoganda machine and lack of counteraction by the union made the whole of T&T despise Petrotrin workers

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Re: Petrotrin refinery shut down

Postby De Dragon » July 12th, 2022, 1:30 pm

alfa wrote:
Gladiator wrote:
K_J_R wrote:
wing wrote:
sMASH wrote:Petrotrin was OVERALL profitable. There was bad spending, but it still was in the black.
And things like income tax and bitumen etc was ways it contributed more to the country than just the profit or made.


The only ting that was problematic was the bullet payment to the Malcom jones wgtl loan.

If they could have paid that then kept the refinery running for one year, it would have been available to accept guyana crude...
And would be the best decision ever.
X1000000000


most ah d ppl in trinidad supported d shutdown and still do.

logic doh apply here dan.
They only support it because of racial politics and or PNM propaganda...

Lots of people were envious because of not getting to work there as well, that coupled with the PNM propoganda machine and lack of counteraction by the union made the whole of T&T despise Petrotrin workers

There was sheit going on there in terms of corruption, mismanagement and low productivity. People were before the courts. LFD RFD PNM decided on a one paragraph opinion, from the same lawyer who advised them that they had a case :? that they didn't have a case. Tight Shirt withdraws the case. Said lawyer is now totally discredited and a criminal, but still being used for political aims by the LFD RFD PNM, with the meddling of the former AG (again!).
That said, NOT A SINGLE ONE of the 74 million dollars worth of reports made any recommendation of shuttering the refinery, so it seems that it was profitable for someone in the LFD RFD PNM to shutter it at that time. Further evidence of the arsery is the sham "sale" of the refinery that has been dragging on now for years. Meanwhile with Venezuela's reopening of their oil/gas the crude seems destined for their own refineries, which, in spite of their being 100 times worse off than us, they never sold, shut down or otherwise facked away.
Way to go LFD RFD PNM!
Way to go JUHN Scarfy!
Way to go Guy Smiley!
Way to go OWTU!
Way to go AV!

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