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Energy costs, jet fuel drop combine to close refinery

The News Tribune -- FAIRBANKS -- Decreased jet fuel sales in Anchorage were a secondary factor into the decision to shut down a crude oil refining unit at the North Pole Refinery, which will cost 35 to 40 jobs, according to a spokesman for refinery owner Flint Hills Resources.

Jeff Cook told the Fairbanks Daily News Miner that competitors are able to sell jet fuel cheaper to Ted Stevens Anchorage International Airport because it costs them less to produce it.

"We cannot economically compete with refiners who can bring jet fuel into Anchorage refined at other locations with a) cheaper crude, and b) cheaper energy," Cook said.

Besides the job loss, the decision will affect the Alaska Railroad, a spokeswoman said.

Flint Hills sent 36,000 tank cars filled with 800 million gallons of product to Anchorage in it

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Submitted Apr 16, 2012 By: angel4me

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honda0105 Champion Author Tallahassee Posts:18,818 Points:1,636,245 Joined:Nov 2008	Message Posted: Apr 19, 2012 6:01:45 AM Ignore honda0105 Report Abuse sadly, Alaskans can't afford buying fuel to fly, which there is like buying gas for your car. With few roads, flying is the only transportation unless one counts a several day long sledding expedition to the nearest food seller.
honda0105 Champion Author Tallahassee Posts:18,818 Points:1,636,245 Joined:Nov 2008	Message Posted: Apr 19, 2012 6:00:21 AM Ignore honda0105 Report Abuse HI: you're right about the problem of competition. However, I found lots of stuff was a lot costlier than on the mainland, but even locally produced items were more costly.
HawaiianGuy Champion Author Idaho Posts:9,660 Points:3,105,615 Joined:May 2003	Message Posted: Apr 17, 2012 6:22:28 PM Ignore HawaiianGuy Report Abuse The same problem exists in Hawai'i with milk and eggs. There is something very wrong when a product can be shipped 2000 miles and STILL compete favorably with locally grown products.
sparky808 Champion Author Honolulu Posts:3,139 Points:624,685 Joined:Sep 2011	Message Posted: Apr 17, 2012 1:27:30 PM Ignore sparky808 Report Abuse Thank you for posting.
bikerchicklette Champion Author Washington Posts:5,889 Points:1,300,620 Joined:Sep 2005	Message Posted: Apr 17, 2012 10:23:09 AM Ignore bikerchicklette Report Abuse interesting
remay Champion Author Houston Posts:7,078 Points:2,143,215 Joined:May 2006	Message Posted: Apr 17, 2012 8:36:58 AM Ignore remay Report Abuse ironic...
BartBuzz Champion Author Atlanta Posts:9,020 Points:1,802,485 Joined:Aug 2006	Message Posted: Apr 17, 2012 7:53:44 AM Ignore BartBuzz Report Abuse More old posts.
N5EXY Champion Author Austin Posts:5,629 Points:1,536,805 Joined:Jul 2004	Message Posted: Apr 17, 2012 1:03:10 AM Ignore N5EXY Report Abuse I don't buy it.
TIGERPAW46 Champion Author Florida Posts:7,236 Points:1,378,645 Joined:Mar 2004	Message Posted: Apr 17, 2012 12:23:55 AM Ignore TIGERPAW46 Report Abuse Its a vicious circle & it matters not from what source we get our energy; Unless you generate your own Energy from home. The less we use the more per KWH or $/Gal they charge & the less they pump, refine or the more they Export. We can't beat the system unless Gov intervenes as is their responsibility in these cases. They have to plug the holes in the system. Stop Speculators; Stop export of US energy sources, unless we have a true surplus without importing any petroleum products from OPEC. Also increase pumping oil Including Shale.
menagerie1013 Champion Author San Diego Posts:2,365 Points:711,190 Joined:Apr 2011	Message Posted: Apr 17, 2012 12:23:55 AM Ignore menagerie1013 Report Abuse Losing jobs is now fun.
granitestater Champion Author New Hampshire Posts:8,975 Points:1,457,475 Joined:Oct 2008	Message Posted: Apr 17, 2012 12:14:05 AM Ignore granitestater Report Abuse jet fuel is just K1 -- straight kerosene.
frostyWV Champion Author West Virginia Posts:2,339 Points:519,235 Joined:May 2011	Message Posted: Apr 17, 2012 12:12:58 AM Ignore frostyWV Report Abuse not good news.
VetteBlue Champion Author San Jose Posts:8,023 Points:1,612,720 Joined:Jan 2007	Message Posted: Apr 17, 2012 12:11:55 AM Ignore VetteBlue Report Abuse Sad but its real. Deal with it.
CharlieC08 Champion Author Colorado Posts:8,077 Points:1,486,075 Joined:Oct 2008	Message Posted: Apr 17, 2012 12:10:39 AM Ignore CharlieC08 Report Abuse not so good.
joel27nc Champion Author Raleigh Posts:10,672 Points:1,885,095 Joined:Mar 2008	Message Posted: Apr 17, 2012 12:09:03 AM Ignore joel27nc Report Abuse Ouch, hate to see people loose jobs
Ray_10589 Champion Author New York Posts:5,076 Points:1,209,485 Joined:May 2009	Message Posted: Apr 17, 2012 12:08:37 AM Ignore Ray_10589 Report Abuse repeat
judgemobile Champion Author Ohio Posts:7,700 Points:2,471,660 Joined:Nov 2005	Message Posted: Apr 17, 2012 12:07:15 AM Ignore judgemobile Report Abuse SHOW ME--at the pump and in lower ticket prices
datapro Sophomore Author Spokane Posts:180 Points:410,495 Joined:Apr 2011	Message Posted: Apr 17, 2012 12:06:44 AM Ignore datapro Report Abuse jet fuel is a lot more expensive than automotive
Dodge_Me Champion Author Atlanta Posts:2,214 Points:575,730 Joined:Mar 2006	Message Posted: Apr 17, 2012 12:06:29 AM Ignore Dodge_Me Report Abuse Flying will be more expensive
yakstar Champion Author Montreal Posts:2,550 Points:506,250 Joined:Jan 2012	Message Posted: Apr 17, 2012 12:05:25 AM Ignore yakstar Report Abuse hmph...
kzrooster Champion Author Kalamazoo Posts:2,520 Points:543,475 Joined:Nov 2011	Message Posted: Apr 17, 2012 12:05:15 AM Ignore kzrooster Report Abuse That's sad when they can bring fuel in cheaper than can be refined in state.
jem069 Champion Author Detroit Posts:2,674 Points:713,805 Joined:Jan 2011	Message Posted: Apr 17, 2012 12:05:01 AM Ignore jem069 Report Abuse Ok
Blue_Cruzer Champion Author Lexington Posts:7,655 Points:1,696,310 Joined:Mar 2007	Message Posted: Apr 17, 2012 12:04:12 AM Ignore Blue_Cruzer Report Abuse More jobs lost.
camel1 Champion Author Minnesota Posts:8,405 Points:2,293,340 Joined:Jul 2006	Message Posted: Apr 16, 2012 11:56:55 PM Ignore camel1 Report Abuse Harsh impact
tippybuddy Champion Author Ontario Posts:1,523 Points:207,740 Joined:Feb 2011	Message Posted: Apr 16, 2012 11:53:39 PM Ignore tippybuddy Report Abuse ok
jessek Champion Author Detroit Posts:2,657 Points:1,280,490 Joined:Sep 2008	Message Posted: Apr 16, 2012 11:51:22 PM Ignore jessek Report Abuse Survival of the fittest...
stueyAZ Sophomore Author Phoenix Posts:222 Points:25,005 Joined:Nov 2011	Message Posted: Apr 16, 2012 11:50:35 PM Ignore stueyAZ Report Abuse Time to sell Alaska to Canada :)
us4usa Champion Author Missouri Posts:6,118 Points:1,136,670 Joined:May 2008	Message Posted: Apr 16, 2012 11:45:36 PM Ignore us4usa Report Abuse No tax dollar bailout...
bevmill Champion Author Georgia Posts:2,711 Points:627,025 Joined:Apr 2006	Message Posted: Apr 16, 2012 11:44:43 PM Ignore bevmill Report Abuse same old story.
DandyDapple All-Star Author North Dakota Posts:715 Points:330,170 Joined:Sep 2008	Message Posted: Apr 16, 2012 11:43:34 PM Ignore DandyDapple Report Abuse It is a just another excuse ...
ByGuy Champion Author Dallas Posts:7,976 Points:1,733,975 Joined:Nov 2005	Message Posted: Apr 16, 2012 11:40:31 PM Ignore ByGuy Report Abuse Local news story.
MDTDriver Champion Author California Posts:9,848 Points:2,180,900 Joined:Jul 2006	Message Posted: Apr 16, 2012 11:39:34 PM Ignore MDTDriver Report Abuse IF all gas cars leave the earth, how thousands of jobs will be gone.
tco9436 Champion Author Connecticut Posts:1,807 Points:743,650 Joined:Mar 2010	Message Posted: Apr 16, 2012 11:39:34 PM Ignore tco9436 Report Abuse Ok
mikaye Champion Author Cleveland Posts:3,959 Points:890,185 Joined:Jun 2010	Message Posted: Apr 16, 2012 11:39:19 PM Ignore mikaye Report Abuse any excuse to lower supply
1Casey Champion Author Albany Posts:6,631 Points:1,810,195 Joined:Jun 2004	Message Posted: Apr 16, 2012 11:38:50 PM Ignore 1Casey Report Abuse Easy excuse,
abcdMA Champion Author Worcester Posts:8,052 Points:1,600,730 Joined:Nov 2008	Message Posted: Apr 16, 2012 11:38:24 PM Ignore abcdMA Report Abuse free market in action
WinderGuy Champion Author Georgia Posts:2,960 Points:955,785 Joined:Mar 2008	Message Posted: Apr 16, 2012 11:30:01 PM Ignore WinderGuy Report Abuse Ok
davenles Champion Author Texas Posts:3,331 Points:745,435 Joined:May 2011	Message Posted: Apr 16, 2012 11:27:13 PM Ignore davenles Report Abuse Effects of a free market. Some will lose, others gain.
Vitobug Champion Author El Paso Posts:1,979 Points:662,440 Joined:May 2011	Message Posted: Apr 16, 2012 11:23:45 PM Ignore Vitobug Report Abuse ok
ShudBWalking Champion Author Kitchener-Waterloo Posts:3,622 Points:421,420 Joined:Oct 2006	Message Posted: Apr 16, 2012 11:23:03 PM Ignore ShudBWalking Report Abuse moderation and fair pricing is the only way to solve
serrog Champion Author Nova Scotia Posts:5,700 Points:1,538,855 Joined:Oct 2008	Message Posted: Apr 16, 2012 11:20:54 PM Ignore serrog Report Abuse Greed rules again
DeeLA Champion Author Los Angeles Posts:4,954 Points:1,391,955 Joined:Nov 2008	Message Posted: Apr 16, 2012 11:20:49 PM Ignore DeeLA Report Abuse Too bad.
us4usa Champion Author Missouri Posts:6,118 Points:1,136,670 Joined:May 2008	Message Posted: Apr 16, 2012 11:18:26 PM Ignore us4usa Report Abuse Refineries that run on natural gas pay around $2 per million British thermal units. Flint Hills pays $20 to $21 per million Btu because it does not have an inexpensive and ready supply of natural gas and must instead burn oil, Cook said. Maybe they need Solar and wind on their roofs??? No just sink or swim...
HYEgasCA Champion Author Fresno Posts:2,126 Points:933,850 Joined:Dec 2008	Message Posted: Apr 16, 2012 11:15:57 PM Ignore HYEgasCA Report Abuse Avatar Bob!! You have NO idea what your talking about!!
Chris46 Champion Author Dayton Posts:23,954 Points:2,107,475 Joined:Sep 2005	Message Posted: Apr 16, 2012 11:15:07 PM Ignore Chris46 Report Abuse Make it a Dairy Queen. Keep the people.
blazerbob91 Champion Author Milwaukee Posts:6,279 Points:1,910,020 Joined:Aug 2005	Message Posted: Apr 16, 2012 11:14:43 PM Ignore blazerbob91 Report Abuse Sounds like manipulation.
LQQKGAS Champion Author Phoenix Posts:2,765 Points:1,221,700 Joined:Oct 2009	Message Posted: Apr 16, 2012 11:14:26 PM Ignore LQQKGAS Report Abuse Big oil is already in govt pockets, greed and corruption at all levels. [Edited by: LQQKGAS at 4/16/2012 11:17:15 PM EST]
pgerassi Champion Author Milwaukee Posts:11,031 Points:2,158,270 Joined:Apr 2007	Message Posted: Apr 16, 2012 11:14:16 PM Ignore pgerassi Report Abuse Shipping costs less than refining locally.
Aviator_Rob Champion Author New York Posts:3,985 Points:439,840 Joined:Mar 2012	Message Posted: Apr 16, 2012 11:13:51 PM Ignore Aviator_Rob Report Abuse gmcgas, it's not funny math just because you don't understand economics.
Aviator_Rob Champion Author New York Posts:3,985 Points:439,840 Joined:Mar 2012	Message Posted: Apr 16, 2012 11:11:21 PM Ignore Aviator_Rob Report Abuse Seriously DEG, how much more hands-off do you want the government to be? How exactly is the government impeding the oil companies? The government is already in Big Oil's pocket.