Thread regarding Shell Oil layoffs

The Future of Puget Sound

Let's be real - how much longer does Anacortes really have?

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Post ID: @OP+18qqVgxn

8 replies (most recent on top)

Shell was aggressively seeking rail access at Puget Sound for years and then unexpectadly dropped it a few years ago after there was so much local opposition to more trains of crude moving through Washington and regulatory problems with the RR. Among the 4 refineries in WA it is the only one that bring in rail cheap crude from the interior continent making it the inferior. I'm sure the bean counter in The Hague are wringing their hands everyday over how to handle a dog refinery. Shell once owned the Tesoro refinery that has rail access but then stupidly sold it back in the 80's. Oops.

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Post ID: @cigi+18qqVgxn

Could it be re purposed to produce biofuels? If not, the refinery will probably be shut down and converted to a terminal. Product will come from Shell Scotford in Edmonton that has decent margins as it buys cheap oil sands feed. Scotford has more than enough capacity to make up for the production loss from Puget once it closes.

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Post ID: @9rnb+18qqVgxn

She’ll employees are so lazy and obnoxious that they fail to perform wherever they go.

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Post ID: @5mpq+18qqVgxn

this has been in the works for a while. look at staffing a few years ago. they gave up. hostile workforce and environment. more likely than not this will close versus being sold.

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Post ID: @2kjb+18qqVgxn

If employees at Puget aren't activity searching for a new job, then shame on them

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Post ID: @2lmi+18qqVgxn

There has historically been overall short of gas in the PNW but with the pandemic may be a different outlook. Much different dynamics than the Gulf Coast in a sea of fuels. Now the nearest operational refinery to Puget Sound that is wholly owned by Shell is in Canada. My oh my how far they have come to exiting U.S. downstream since owning or part owner in over a dozen US.S refineries just 20 years ago. My advice if your playing in that space? GET THE H OUT.

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Post ID: @2vav+18qqVgxn

Agreed. Sold or more likely shut down. Shell's recent track record speaks for itself.

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Post ID: @kch+18qqVgxn

It will be sold or shutdown. There is excessive refining capacity in the area.

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Post ID: @qjy+18qqVgxn

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