One of the City's Refineries is Closing. Should We Be Concerned?

LyondellBasell, in a recent announcement, said it would shutter its Houston refinery at the end of 2023 — a site that’s over 100 years old and can process up to 268,000 barrels of crude a day. According to company execs, it’s been increasingly difficult, what with rising costs and global volatility, for the refinery to stay profitable. Since the refinery is one of only ten in Houston, should we be concerned about its closing?

Loren Steffy, a longtime energy reporter, joins Ferrill Gibbs to break it all down.

If you'd like to check out Loren's new book, "The Big Empty," you can find out more on his website!

Here's the Texas Tribune article that ran late last week and mentioned the refinery as one of five in Texas that have emitted more benzene pollutants than the EPA allows.

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