REFINERY CUTS POINT TO PROBLEMS IN U.S.

Another U.S. refinery takes the plunge. Chevron Corp. says it will cut by at least one-third the crude capacity of its 315,300 b/cd plant at Port Arthur, Tex. The announcement, sixth in the past 6 months, brings to 370,000 b/d the amount of U.S. refining capacity tagged for cut or closure.

Jan 27th, 1992
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