The largest refinery in the US Midwest has been shut down after a power outage hit the facility Thursday afternoon.
BP’s Whiting refinery, located in Whiting, Indiana, is the Midwest’s largest refinery and largest globally for the British multinational oil and gas company. It can process 440,000 barrels of crude oil daily.
Commodity analyst Giovanni Staunovo posted on social media platform X, “As a result of this power outage, additional product is being burned, which will cause additional flaring of the stacks. This flaring is a safety release to burn off the extra product and is a normal process during an event. BP is working to resolve the power outage as quickly as possible.”
BP Whiting refinery as of 15 mins ago showing heavy flare activity, major power loss. Likely looking at a couple of weeks of impacted production- very early, however. pic.twitter.com/k9ecj1hVXo
— Patrick De Haan (@GasBuddyGuy) February 1, 2024
https://www.zerohedge.com/commodities/largest-refinery-us-midwest-shuts-down-after-power-outage