This page has been archived and commenting is disabled.

Chevron's Largest California Refinery "Immediate-Extreme-Health-Hazard" Fire Emergency

Tyler Durden's picture





 

UPDATE: *CHEVRON RICHMOND REFINERY HYDROCRACKER EXPLODED: KPIX-TV, REFINERY SHUTDOWN, CAN PROCESS 244,000 BBL/DAY

Chevron's Richmond refinery, the largest refinery in California, is under a Level 3 Hazardous Material extreme immediate warning with local authorities advising local citizens to "to shelter in place, go inside, close all windows and doors, turn off all heaters, air conditioners and fans. If not using the fireplace, close fireplace dampers and vents, and cover cracks around doors and windows with tape or damped towels." As KTVU2 comments, it appears massive and out of control currently. Live KRON4 stream embedded.

  • *2 DISTINCT PLUMES OF SMOKES OBSERVED EMITTING FROM CVX REFINERY
  • *CHEVRON SPOKESWOMAN SAYS NOT SURE WHAT CAUSE OF FIRE IS :CVX US
  • *CHEVRON RICHMOND REFINERY HAS EVACUATION ON EMISSIONS: FILING

Live Stream from KRON4...

 

 

 

and a broader perspective of the wind's influence...

 

and across the bay...

 

Click image below for live-stream...

 


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 08/06/2012 - 22:24 | Link to Comment Xibalba
Xibalba's picture

America...the beautiful....

 

 

I'm sure this activity by mankind has no effect whatsoever on the equlibrium of the planet.  

 

 

 

Mon, 08/06/2012 - 22:24 | Link to Comment SHEEPFUKKER
SHEEPFUKKER's picture

I'm sure it's just a minor glitch.  Raging inferno will be out soon and will be business as usual. Sincerely yours, Chevron family. 

Mon, 08/06/2012 - 22:38 | Link to Comment veyron
veyron's picture

ZH needs better sources.  antisatan, a former member of ZH who was banned recently, told me about this at 21:52 after seeing it with his eyes.

Mon, 08/06/2012 - 23:11 | Link to Comment Money Squid
Money Squid's picture

zh is a financial news site, not really all event all the time type of site. Never read any antisatan posts, must have been pretty douchey to get banned from this site. Hell, zh did not ban johnybravo, trav7777777 or even retardedrobottraitor.

Mon, 08/06/2012 - 23:15 | Link to Comment veyron
veyron's picture

"zh is a financial news site, not really all event all the time type of site. "

 

So why is this story here?  It either has a financial slant, in which case my criticism is valid, or it doesn't, in which case your comment is patently false.

Mon, 08/06/2012 - 23:21 | Link to Comment Money Squid
Money Squid's picture

ok, ok you got me. zh is all news on the time on time.

Mon, 08/06/2012 - 23:25 | Link to Comment Ahmeexnal
Ahmeexnal's picture

isn't this the place where they "refine" the shit they use on the chemtrails?

 

Mon, 08/06/2012 - 23:36 | Link to Comment engineertheeconomy
engineertheeconomy's picture

Did someone say Sulphur Dioxide?

If I lived anywhere nears there, I'd hightail it outa there FAST

Tue, 08/07/2012 - 00:02 | Link to Comment Ahmeexnal
Ahmeexnal's picture

duck and cover

it'll be interesting to find out if a big player shorted Chevron today in the last minutes before market closed.

Tue, 08/07/2012 - 00:14 | Link to Comment Money Squid
Money Squid's picture

how will you see into the dark pools now that most trading is private?

Tue, 08/07/2012 - 00:26 | Link to Comment old naughty
old naughty's picture

"isn't this the place where they "refine" the shit they use on the chemtrails?"

Hummmmmmm.

Who did it in? Should we thank them?

Tue, 08/07/2012 - 00:28 | Link to Comment CrazyCooter
CrazyCooter's picture

JFC, I can't reply to this thread for all the GD trolls.

Chem-trails? STFU.

Regards,

Cooter

Tue, 08/07/2012 - 03:35 | Link to Comment The Big Ching-aso
The Big Ching-aso's picture

 

 

Overheard in Compton................

"You say you heards dars a hiderow cracker on fire tonite?  Serves the mofo whitey right!"

Tue, 08/07/2012 - 04:02 | Link to Comment Michael
Michael's picture

I'm getting real sick and tired of the left wing extremists pushing their man made global warming climate changing meme on us. It's solar max for Christ's sake.

I live in SW Florida and have witnessed the invasive species of the Iguana's freezing to death in the past few years. Prepare for it again when the Sun enters solar minimum a few years from now.

Frozen Iguana - Frozen to Death in South Florida

http://www.youtube.com/watch?v=dWlJrYi2868&feature=related

FLORIDA'S FROZEN IGUANAS

http://www.youtube.com/watch?v=iOaeh3jGpSo

 

 

 

Tue, 08/07/2012 - 04:30 | Link to Comment Ying-Yang
Ying-Yang's picture

Be careful when you open Pandora's box.........

Stuxnet is a computer worm discovered in June 2010. Stuxnet initially spreads via Microsoft Windows, and targets Siemens industrial software and equipment. While it is not the first time that hackers have targeted industrial systems,[1] it is the first discovered malware that spies on and subverts industrial systems,[2] and the first to include a programmable logic controller (PLC) rootkit.

Let's deploy viruses and drones. Heck nobody else will... right?

Tue, 08/07/2012 - 04:56 | Link to Comment Element
Element's picture

Or alternatively, it's a refinery fire.

Tue, 08/07/2012 - 05:32 | Link to Comment BigJim
BigJim's picture

  Be careful when you open Pandora's box.........

Stuxnet is a computer worm discovered in June 2010. Stuxnet initially spreads via Microsoft Windows, and targets Siemens industrial software and equipment.

Good point. Bill Bonner discusses this rather amusingly here:

   http://dailyreckoning.com/when-your-credit-card-stops-working/

Tue, 08/07/2012 - 09:09 | Link to Comment grey7beard
grey7beard's picture

>> sick and tired of the left wing extremists

Count your blessings, wingnut.  I'm sick and tired of you right wing extremeists and there's a boat load more of you.  And your frozen iguana isn't proof of anything.

Tue, 08/07/2012 - 10:17 | Link to Comment Lost Wages
Lost Wages's picture

Dude, the sky itself could be on fire and these donkeys still wouldn't believe.

Tue, 08/07/2012 - 00:26 | Link to Comment CrazyCooter
CrazyCooter's picture

Just watch gas prices on the west coast.

The big lie that is the stock exchange (or any exchange) can only hide so much for so long. In time, it all comes down to Earth.

Math.

Regards,

Cooter

Tue, 08/07/2012 - 00:22 | Link to Comment CrazyCooter
CrazyCooter's picture

My knowledge in this space is based almost soley on "Petroleum Refining in Nontechnical Language" which is a very easy to read, semi-non-technical book on refining. Very educational. If you want to know about it, buy the book and read it.

It appears that this incident involves a process, talked about in the book, which is hydro-cracking. I won't even go into detail here.

This provides zero insight into what is burning (i.e. the feed stock), however it does shed some light on how this refinery will recover going forward.

I live in AK, and I can assure you I know about high gas prices. This is on ZH because, frankly, serious price shock is coming very, very soon to CA. This refinery will have to shut down, repair, and come back online. All their production will be offline. So, just assume that. Repairs will be physical. Lots of welding, replacment of tanks, pipes, that sort of thing. Hydrocrackers have a lot of chemistry going on, so there may very well be big capital costs to replace catlysts and god knows what else.

None of this will happen over night. Particularly in CA. I would not be suprised, based on this tragedy and the demeanor in CA, that gas goes to the moon there while CA citizens "save the planet".

Regards,

Cooter

Tue, 08/07/2012 - 00:41 | Link to Comment Ahmeexnal
Ahmeexnal's picture

Gas prices in Kali will not go up.

A lot of people in kali drive down to Mexico to load up on gas.

Tue, 08/07/2012 - 01:56 | Link to Comment CrazyCooter
CrazyCooter's picture

You mean, gas prices in Kali will not go up? It is funny you bring up Kali, because this is always my first thought when I think of the fiscal cesspool that is Kalifornia.

Or, maybe I just read too much. Take your pick.

Regards,

Cooter

Tue, 08/07/2012 - 00:42 | Link to Comment JPM Hater001
JPM Hater001's picture

I wish you were my cooter...mines dumb

Tue, 08/07/2012 - 08:36 | Link to Comment marathonman
marathonman's picture

Actually the hydrocracking process takes heavier feeds and catalytically cracks in the presence of hydrogen to get predominantly diesel, jet fuel, and some higher octane gasoline blend stocks.  Diesel and jet fuel prices in the CA/West Coast market will be in shorter supply and should see higher pricing.  The rest of the refinery can probably still run at some capacity depending on the extent of the damages so impact to gasoline markets shouldn't be too crazy.  But then again fear and greed could really run with this thing in the short term....

Tue, 08/07/2012 - 00:33 | Link to Comment Freddie
Freddie's picture

Hope & Chains false flag like Deepwater Horizon.   Nothing a few million gallons of corexit cannot fix.  Buffett owns Nalco who makes the toxin.  Nalco from Naperville with connections to Goldman, Gore, Chicago, and other Dems.

Hope and Change.

Tue, 08/07/2012 - 00:35 | Link to Comment bankruptcylawyer
bankruptcylawyer's picture

time to corexit outta there. oh wait, that's BP.

Mon, 08/06/2012 - 23:22 | Link to Comment fuu
fuu's picture

Out of Control BiTcHeZ!

Tue, 08/07/2012 - 00:32 | Link to Comment CrazyCooter
CrazyCooter's picture

Slewie is going to bust your ass for copy right!

Regards,

Cooter

Disclaimer: Slewie is one of the few minds I just can't follow. He seems to really know a lot of shit. But, his medium is all crazy. Always a fascinating read, like a weird sort of poetry. Step up or step down. This is fail, but I look foward to the next attempt.

Tue, 08/07/2012 - 00:38 | Link to Comment fuu
fuu's picture

Slewie don't surf, and the check is in the mail.

Tue, 08/07/2012 - 01:27 | Link to Comment A Nanny Moose
A Nanny Moose's picture

I thought that was Charlie?

Mon, 08/06/2012 - 23:41 | Link to Comment aphlaque_duck
aphlaque_duck's picture

Oil is the master resource. It is priced into everything we consume.

Any shock to fuel supplies could be the tipping point for this sinking ship, and this event has the potential to boost CA gas prices tomorrow by 50% or more.

ZH is unique for reporting not just on the numbers, but the real underlying causes of everything.

Tue, 08/07/2012 - 00:37 | Link to Comment CrazyCooter
CrazyCooter's picture

Excellent comment. Precisely why this is on ZH.

Anyone, and I mean all you "rich, secure, not-my-problem" citizens, must understand when the energy framework goes tits up, so goes your role in society.

Just put that on a post it note.

My recommendation? Lots and lots of charity work so that you won't get hanged because you are good for the community. Now is a great time to start. Figure out how to connect with, and make a difference, with real families. Not the food stamp leaches, but real families who struggle, with good values, to make it in the world.

If not, enjoy your rope. It is coming.

Regards,

Cooter

Tue, 08/07/2012 - 01:21 | Link to Comment veyron
veyron's picture

Were this the case, I would actually hope that people would monitor the refineries etc in case of a circumstance like this, vindicating my original remark.

Mon, 08/06/2012 - 23:42 | Link to Comment MM
MM's picture

"UPDATE: *CHEVRON RICHMOND REFINERY HYDROCRACKER EXPLODED: KPIX-TV, REFINERY SHUTDOWN, CAN PROCESS 244,000 BBL/DAY"

Chevron has a crude refining capacity in the United States of approximately 955,000 barrels per day.

 

I don't see the financial slant either.

Tue, 08/07/2012 - 00:05 | Link to Comment Money Squid
Money Squid's picture

Excuse me Mr. Retard, the refineries in the US are not running at capacity and can easily take up this minor bit of slack if they wanted to, without increasing prices. Just because there is an upset and some flames shoot out the flare, like they are supposed to during an upset, and well some flames shot out where they were not supposed to, does not mean all hell will break lose in the gasoline market. You can get your bannan hamock all bunched up if a gas station blows up, but it don't mean every fucking spark is a fucking financia lfucking disaster worthy of all the stupid comments posted by retards like you on this site. Veyron's douchey friend got banned, so what? I'll bet the three cents to my name and all of your kids future earnings Veyron is antisatan and got banned for something stupid.

Tue, 08/07/2012 - 00:54 | Link to Comment Overfed
Overfed's picture

Horseshit. When BP's Cherry Point refinery burned earlier this year, gas jumped 20 or 30 cents over night here, and it's still higher than most of the rest of the country. It's gonna go back up to four bucks by weeks end in Cali, and probably Oregon and Washington too.

Tue, 08/07/2012 - 03:39 | Link to Comment zhandax
zhandax's picture

Consolidation, bitches.  How much more shit you have to watch burn -literally or figuratively- and get 'taken over by stronger hands' before you realize something is going on in the last four years?  That is over a quarter of Chevron's refining capacity and this is still a country with a lack of refining capacity when we are not in a depression.

Tue, 08/07/2012 - 09:09 | Link to Comment marathonman
marathonman's picture

Actually, the US has plenty of refining capacity.  Witness the Pennsylvania and New Jersey refineries that shutdown due to economics in the last few years.  Several monstrous refinery expansions have been implemented in the last few years as well in LA and TX that take advantage of WTI and Canadian syncrude economics.  Too bad Motiva corroded out their new 300,000 bpd crude unit in Port Arthur during startup.  Otherwise they could be making money hand over fist.  Much of the excess US crude capacity is being EXPORTED due to WTI / Brent Crude price differentials.  Mid-continent oil is making a lot of money for refiners with good access to that supply.  Recent crack spreads in the Chicago market were around $25/bbl!  Cha-ching! 

Tue, 08/07/2012 - 01:19 | Link to Comment veyron
veyron's picture

This is fight club, theoretically.  No one should be banned for disagreeing with the zeitgeist.  There's no history of antisatan's posts that suggested something worthy of banning (such as promoting something blatantly or soliciting sex with minors).  

The reason for concern, of course, is that if the reason for ban was for expressing a different opinion, then ZH will have truly jumped the shark.  What makes this site any different from, say, CNBC?

Tue, 08/07/2012 - 09:38 | Link to Comment Drachma
Drachma's picture

A famous puppet once said "Never let a crisis go to waste". Don't worry they won't.

Tue, 08/07/2012 - 00:59 | Link to Comment indygo55
indygo55's picture

Maybe the story is covered here is because the largest refinery in California going up in smoke may, just maybe will have some effect on energy, something that CA, a state that is financially imploding is really dependent on energy and will now pay even more by having to replace it. Just thinking.

Tue, 08/07/2012 - 02:46 | Link to Comment vxpatel
vxpatel's picture

to broaden your horizons brother...no other reason...can you imagine? reading about things that matter, with no purpose in mind?

Tue, 08/07/2012 - 03:53 | Link to Comment OldPhart
OldPhart's picture

This story is here because it directly pertains to financial news.

California gas prices are going to skyrocket; and they're already pretty damned high compared to the rest of the country.  I live here and just returned from a three week vacation on the east coast.  We are HIGH!

I halfway suspect that this fire could have been caused by State of California operatives (yes, the State does have Operatives, they work for the 'Board of Equalization').  California has a massive hole they were counting on to be filled by the tax revenues generated by the farcical Facebok IPO.  Those revenues are now a dry wet dream.  And the State is desperated to create tax income for itself.

The easiest way for the State of California to pump tax revenue up is to increase stealth sales taxes.  Create a shortage of a product in typically high demand at it's peak.  What better than the sales tax generated off of fuel sales?

They already do it every year at the start of summer time by requiring the use of specially blended fuel that creates an annual supply bottleneck and attendant temporary spike in price.  Imagine the lasting effects of a serious, long-term, decline in the production of fuel and what the price effect would be.  Fuel sales at a taxable rate of 3.75 or so, with a tax laden price of $4.25/gallon can see a pretty sudden spike to $5 or $6 at the taxable rate, with a near doubling of the sales tax collected.

Compound that with the impact of fuel prices on literally all goods, from acorns to zippers, and, as the price base rises, the sales tax revenue increases.  The public is bled dry by the State with each everyday transaction (what they've been doing on a relative small scale for decades).

California, of course, remains the land of fruits and nuts, many of which are shipped to other States (about half go to stores, the rest just pack up and move).

Those of us that remain here will see the cost of everything jump.  When that happens the State's Union Employees will demand increased wages to keep up with inflation and we will witness the State demanding even more money to pay for their employees (who make at least 30% more, including benefits, over the private sector for equivalent positions.)

I've seen this show countless times.

Tue, 08/07/2012 - 04:22 | Link to Comment Karl von Bahnhof
Karl von Bahnhof's picture

Romney was there.

Tue, 08/07/2012 - 04:53 | Link to Comment OldPhart
OldPhart's picture

Fuck Romney, Fuck Obama.  I have no interest in what either of them have to say.  They are the same $2 whore, with one blonde wig and one brunett wig.

Tue, 08/07/2012 - 09:18 | Link to Comment marathonman
marathonman's picture

It's hard for me to believe that anyone working at the refinery would do anything intentionally to blow the place up.  The last thing employees want to do is kill the golden goose paying their salaries and paychecks.  That's not to say that it wasn't a screw-up that caused the explosion.  Accidents can and do happen everyday and no process is perfect.  If you want to explore some interesting background in industrial safety checkout The Chemical Safety Board website - csb.gov.  They publish the root causes of most industrial incidents. 

People don't blow up their employer on purpose, but it happens even as hard as those companies try to prevent it.  It only takes fuel, spark, and oxygen to start a fire.

Mon, 08/06/2012 - 23:54 | Link to Comment icanhasbailout
icanhasbailout's picture

ah, but this is bullish!

Mon, 08/06/2012 - 23:55 | Link to Comment jomama
jomama's picture

ZH doesn't ban anyone unless they are peddling cheap, pirated mechandise.

hmm... wait a minute...

Mon, 08/06/2012 - 22:59 | Link to Comment Neethgie
Neethgie's picture

tbh on my twitter feed zh beat bloomberg, reuters and assosciated press... so im pretty sure they are doing quite a good job, im glad anti satan saw it with his eyes, what do you want zh to do? have people sit outside all refinerys incase shit goes down?

Mon, 08/06/2012 - 23:18 | Link to Comment FoxMulder
FoxMulder's picture

That won't be necessary. The drones will watch.

Tue, 08/07/2012 - 01:31 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Antisatan is dead!

Long live Antisatan!

Mon, 08/06/2012 - 22:39 | Link to Comment Gringo Viejo
Gringo Viejo's picture

Posted a negative comment about Chevron and Richmond consisting of blacks and hispanics....the powerless. Had my computer knocked off-line. Chevron's PR Dept. is already on this article.....

Mon, 08/06/2012 - 23:20 | Link to Comment sitenine
sitenine's picture

Caution: wearing your tin foil hat too tightly can cause brain damage.

Mon, 08/06/2012 - 23:30 | Link to Comment Sokhmate
Sokhmate's picture

dain bramage

Mon, 08/06/2012 - 23:41 | Link to Comment engineertheeconomy
engineertheeconomy's picture

Actually, he is not far off. Homeland Security has a very strong and technological presense associated with our Refineries. Wouldn't surprise me at all if they did turn his computer off temporarily 

Mon, 08/06/2012 - 23:50 | Link to Comment Gringo Viejo
Gringo Viejo's picture

Witness the disproportinate negatives to my above post. Corporations. They own America and its "Representatives".

Mon, 08/06/2012 - 23:54 | Link to Comment Gringo Viejo
Gringo Viejo's picture

We have numerous refineries in the East Bay (Contra Costa County, Ca.). We have one of the top 5 cancer death rates in America.

Tue, 08/07/2012 - 00:10 | Link to Comment Money Squid
Money Squid's picture

I am sure the hgiher cancer rate has nothing to do with smoking, poor nutrition, lack of decent health care, lack of proper workplace safety/training and just good ol on the job chemical exposure at a less than minimum wage job. Can't tell you how many times I see the illegal immigrants working shit jobs with chemicals that they have no idea wha they are, or that they are exposing themselves to cancerous doses. You cam blame the refineries, but there is so much more, don't leave it out.

Tue, 08/07/2012 - 00:35 | Link to Comment old naughty
old naughty's picture

Don't leave out individual, group, and national karma...

Precise stuff !

Tue, 08/07/2012 - 08:32 | Link to Comment NachoLiebor
NachoLiebor's picture

or meth labs

Tue, 08/07/2012 - 02:55 | Link to Comment Skateboarder
Skateboarder's picture

Rememember when the Tesoro refinery in Martinez had a fire in late 2010? I was driving north on 680 that day - could see smoke all the way from the hills in Livermore. East Bay employment's gonna take another hit from this one.

Mon, 08/06/2012 - 23:00 | Link to Comment Arnold Ziffel
Arnold Ziffel's picture

That Fuki radiation showering California coast should help neutralize some of this toxic material perhaps.

Tue, 08/07/2012 - 00:59 | Link to Comment Freddie
Freddie's picture

Mexifornia needs more Fuki black rain.  Maybe the illegals will even start leaving.  

Mon, 08/06/2012 - 23:18 | Link to Comment ThaBigPerm
ThaBigPerm's picture

Sorry buddy, but while this indeed sucks, we're not a patch on Nature's ass:

http://www.boston.com/bigpicture/2011/06/volcano_erupts_in_chile.html

Besides, what's with the peddling of the false dichotomy?  Our only two choices are between the strawman of "no effect whatsoever" and "OMG! the sky is falling!"?

Mon, 08/06/2012 - 23:25 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

+ 1

Good perspective.

Tue, 08/07/2012 - 00:50 | Link to Comment you enjoy myself
you enjoy myself's picture

up arrow just for linking to some of the coolest photos i've ever seen.  volcanic lightning looks like Zuul descending into Manhattan, and the fallout like the Stay-Puf marshmellow man blew up.

Thu, 08/09/2012 - 04:05 | Link to Comment Turpentine Soul
Turpentine Soul's picture

Hmmm...

 

Why the fuck didn't we see all of this gorgeous, clear satellite imagery following the Fukushima disaster? 

 

Anyone want to hazard a guess?

Tue, 08/07/2012 - 02:12 | Link to Comment combatsnoopy
combatsnoopy's picture

So which environmental terrorist was bought off by some oil/trader to pull this off?  I bet Goldman Sachs knows!  Then knew about BP before it discombobulated too. 

This ALWAYS happens before elections: false rumors, refinery incidents... anything to push gas to $5/gallon during times of high unemployment.  

Tue, 08/07/2012 - 02:27 | Link to Comment combatsnoopy
combatsnoopy's picture

"I'm sure this activity by mankind has no effect whatsoever on the equlibrium of the planet."

 

Mankind = ecoterrorist

Mon, 08/06/2012 - 22:19 | Link to Comment Neethgie
Neethgie's picture

obama gonna blame the brittish for this one again?

Mon, 08/06/2012 - 22:33 | Link to Comment SHEEPFUKKER
SHEEPFUKKER's picture

Time to give more cash to Solyndra. Nuff of this dirty fuel stuff. /SARC

Mon, 08/06/2012 - 22:50 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Monday:  There is no fire.

Tuesday:  There is fire, but it was clearly caused by sunspots.

Wed:  There is fire and it was not caused by sunspots, but maybe the smoke is good for you.

Thurs:  The government failed to prevent us from causing the fire, therefore it was government's fault.

Fri:  fuck it.  We own all of you, now get in the FEMA camps with the air filters and shut the fuck up.

 

Mon, 08/06/2012 - 22:54 | Link to Comment Xibalba
Xibalba's picture

SAT:  WH issues MEDIA BLACKOUT....back to houswives and idols.  

Tue, 08/07/2012 - 00:39 | Link to Comment old naughty
old naughty's picture

"obama gonna blame the brit..."

He is still tallying the toll on the GOM x horizon thing.

It may take generations.

 

Tue, 08/07/2012 - 02:33 | Link to Comment combatsnoopy
combatsnoopy's picture

false Twitter rumors to push up crude prices, this and oh...wait.  Syria and Russia closed an oil deal!

http://www.steelguru.com/middle_east_news/Syria_reaches_oil_deal_with_ally_Russia/277282.html

I would bet $5 and an empty box of Crackerjacks that the next drama will be Greece (since Turkey LOVES Cyprus oil)... or gays vs fried chicken.  Take your pick.

 

btw, dem empty Crackerjack boxes make good collateral for these thar COLLATERALIZED debt "obligations"- they're building a clearinghouse for that as we speak!  I think it's called the CCX?   

Mon, 08/06/2012 - 22:56 | Link to Comment TrainWreck1
TrainWreck1's picture

Sun: Infernal combustion engines are now banned.

Now go out and buy a Volt, and don't forget to sign Barry's Birthday Card.

 

Mon, 08/06/2012 - 23:00 | Link to Comment TBT or not TBT
TBT or not TBT's picture

Surely it was also caused by a conservative nutjob shooting the place up with scary guns, too.

The proper response to this, seriously, is that we need more refineries, competing with eachother for our business, not the NIMBY/BANANA driven refinerly cartel situation we suffer under now.

Mon, 08/06/2012 - 23:07 | Link to Comment LetThemEatRand
LetThemEatRand's picture

I for one will only buy gasoline from refineries that don't blow up.  I think we can all agree that the free market will prevent explosions in the future if consumers only select non-explosive refinery products.

Mon, 08/06/2012 - 23:35 | Link to Comment dbomb12
dbomb12's picture

Yes like hydrogen, Oh yea thats even worse. I know natural gas. where is all the renewable energy barry promised us with all the new green jobs. must have been a dream

Mon, 08/06/2012 - 23:44 | Link to Comment Ahmeexnal
Ahmeexnal's picture

long bicycles and rickshaws

Tue, 08/07/2012 - 02:56 | Link to Comment NoClueSneaker
NoClueSneaker's picture

Me thinks american mule the most succesfull vehicle of all the times ( EROI ).....

 

Mules long.

Tue, 08/07/2012 - 01:05 | Link to Comment TBT or not TBT
TBT or not TBT's picture

The whole idea of "fuel" is to have concentrated energy.     High energy density, high as gasoline anyway, means potential for the energy storage medium to vaporize and massively heat not only itself but a whole lot else too.

Mon, 08/06/2012 - 22:25 | Link to Comment Clueless Economist
Clueless Economist's picture

no this is obviously Bush's fault.

Sorry, Obama busy sucking up to Hollywood Jews at Weinstein's mansion tonight at $36K per person dinner.

The blood soaked movie producer is calling for gun control as Obama nods at his Hebrew Master...sickening huh?

Mon, 08/06/2012 - 22:33 | Link to Comment otto skorzeny
otto skorzeny's picture

never a word from MSM whores about the wanton violence presented to American public by hollywood hebes in TV, movies and video games-but we know who controls the MSM. Weinstein is a fucking slimeball.

Tue, 08/07/2012 - 00:54 | Link to Comment Freddie
Freddie's picture

F TV and Hollywood.   I remember going to Blockbuster back in the day.  It seemed like 70% of the VCR renatl boxes had some arse holding a gun.  Hollywood loves making the big bucks showing fantasy gun violence, misery and death.

Tue, 08/07/2012 - 01:00 | Link to Comment you enjoy myself
you enjoy myself's picture

and closing public beaches for security, in August.  i would normally be furious at the megalomania required to deprive worker bees of a vacation day so you can have dinner with a douche like Weinstein, but since this was CT the lemmings deserve every bit of inconvenience.  i actually hope he destroys rush-hour traffic in NYC or LA a couple more times.

Mon, 08/06/2012 - 23:29 | Link to Comment dbomb12
dbomb12's picture

It will be a call for a moratorium of oil refineries until more studies are done, then continue the move against the coal plants. Remember Obama said"energy costs will NECESSARILY SKYROCKET

Mon, 08/06/2012 - 23:45 | Link to Comment augustusgloop
augustusgloop's picture

chevron to EPA: we didn't build it.

Tue, 08/07/2012 - 00:56 | Link to Comment Overfed
Overfed's picture

Nope. White separatists.

Tue, 08/07/2012 - 06:21 | Link to Comment paulypaul
paulypaul's picture

If it didn't have Chevron in the name he might. But if is does leak into Point Potrero someone will get fined.

 

Mon, 08/06/2012 - 22:20 | Link to Comment Tortfeasor
Tortfeasor's picture

Breakdown in utilities is a sure sign of decline of a civilization.

Mon, 08/06/2012 - 22:38 | Link to Comment otto skorzeny
otto skorzeny's picture

all of these 40+ year old refineries are held together with baling wire and bubble gum. I've worked on some outages here @ the ones outside Chicago and they do the minimum repairs to get them back online. disgusting,scary,dangerous places.

Mon, 08/06/2012 - 22:48 | Link to Comment Nikao7
Nikao7's picture

I've been working at the BP refinery in Whiting,  IN lately.  Been home for a couple a weeks and suppose to be headed back up there for the turnaround.

Mon, 08/06/2012 - 22:57 | Link to Comment otto skorzeny
otto skorzeny's picture

citgo refinery in Romeoville is the worst-water in ditches and puddles that is every color imagineable. if it weren't for refinery work NO union tradesmen would be working-makes you wonder how they can afford to pay out the big pensions when they are getting 1.5% on treasuries and no one is working to pay in to keep the ponzi alive.

Mon, 08/06/2012 - 23:19 | Link to Comment Nikao7
Nikao7's picture

I know what you are saying.  There are over 15k of union tradesman up there at the moment.  I'm an industrial painter and I usually blast/paint bridges.

Mon, 08/06/2012 - 23:36 | Link to Comment dbomb12
dbomb12's picture

Wow, its beginning to sound like we live in some 3rd world banana republic

Mon, 08/06/2012 - 23:12 | Link to Comment Indrid Cold
Indrid Cold's picture

That's because Francisco d'Anconia has been prepping for the inevitable nationalization.

Wed, 08/08/2012 - 23:24 | Link to Comment monad
monad's picture

You asked for it, brother.

Mon, 08/06/2012 - 23:10 | Link to Comment greensnacks
greensnacks's picture

In India, they call that progress.

Tue, 08/07/2012 - 01:21 | Link to Comment Never One Roach
Never One Roach's picture

I hope that wind is not blowing down toward San Clemente and Laguna something or other. My former partner just bought a pretty expensive place out there "to get the fresh sea air."

Tue, 08/07/2012 - 10:11 | Link to Comment Mesquite
Mesquite's picture

Breakdown in utilities...

After next Big War...What Utilities...??

Mon, 08/06/2012 - 22:21 | Link to Comment AU5K
AU5K's picture

The typical californian is thinking:  we need to move these dirty refineries to some other state, like utah, and get off carbon for good.

 

Lets just hope no one is hurt by the fire.

Mon, 08/06/2012 - 23:04 | Link to Comment mktfizx
mktfizx's picture

fire bad

Mon, 08/06/2012 - 23:14 | Link to Comment Indrid Cold
Indrid Cold's picture

"The typical californian is thinking"

Prove it.

Tue, 08/07/2012 - 01:10 | Link to Comment you enjoy myself
you enjoy myself's picture

Prove it.

Proof: San Francisco.  a city of unbelievable natural beauty is less than a decade away from becoming a full-blown ghetto. 


Tue, 08/07/2012 - 02:17 | Link to Comment combatsnoopy
combatsnoopy's picture

"Proof: San Francisco.  a city of unbelievable natural beauty is less than a decade away from becoming a full-blown ghetto."

That's your east coast carpet baggers chasing the dot com monies.  Pelosi didn't come from CA, she came from the EAST COAST.  You can have her back anytime now...the only reason why she gets elected is because of the federal funding she brings in for pet projects, just like the other genius Ron Paul.  

BTW, SF is already a full blown ghetto.  Oh, remember what CA did to Gray Davis?  We already showed up at the voting booth, it didn't work. 

Tue, 08/07/2012 - 02:25 | Link to Comment THX 1178
THX 1178's picture

Are you a time traveller!?

Mon, 08/06/2012 - 22:22 | Link to Comment CClarity
CClarity's picture

I am in direction of the wind, and smell is foul.  Out of control still, though Chevron  fire dept clearly there and pouring water on what is oil.  Still don't know if crude, refined, jet fuel, or what.  Lots of speculation.  

Two fires, one is a flare to help with the burn off.  Not good for breathing.  Explosions first.  BART station closed.  Sirens blaring as public warning in three communities with major media alerts and warnings.

Mon, 08/06/2012 - 22:32 | Link to Comment Missiondweller
Missiondweller's picture

Sorry to hear that. Stay indoors.

Hell, I didn't even know we had a refinery there. I knew about the one next to Hercules.

Tue, 08/07/2012 - 00:08 | Link to Comment CClarity
CClarity's picture

Thanks for interest and support.  I am safe and okay.  Situation still going on and 160,000 still under shelter in place.  Obviously I am taking precaustions.  Not under control yet, still fire, but seems to be some headway.  

Mon, 08/06/2012 - 22:22 | Link to Comment kito
kito's picture

The long emergency keeps shortening.........

Mon, 08/06/2012 - 22:27 | Link to Comment TrainWreck1
TrainWreck1's picture

Gas prices were too low. Watch em jump.

http://www.oaklandgasprices.com/MetroGasTemperatureMap.aspx

 

Mon, 08/06/2012 - 23:55 | Link to Comment Think for yourself
Think for yourself's picture

I thought the fake russian tweet about Assad had fixed that?

Mon, 08/06/2012 - 22:54 | Link to Comment realtick
realtick's picture

There Will Be Fire (and Smoke and Toxic Gases)

Mon, 08/06/2012 - 22:41 | Link to Comment Money Squid
Money Squid's picture

Eh, taking a flammable liquid, heating it under pressure, and distilling the contents can reslut in an energetic disassemblement of various components from time to time. But, considering the entire world economy relies on petroleum and therefore the petrodollar, this is just a drop in the global climate change machine. zzzzzzzzzz

Would the US admit to an Iranian Stuxnet attack?

Tue, 08/07/2012 - 06:05 | Link to Comment memyselfiu
memyselfiu's picture

reslut: when a chick who was rode hard and put down wet many times in high school gets her act together, gets married, has kids, then one day decides she's gonna fuck the mailman: reslut

Mon, 08/06/2012 - 22:24 | Link to Comment pain_and_soros
pain_and_soros's picture

I think I just saw a black(ened) swan fly by in the plume of smoke...

Mon, 08/06/2012 - 22:24 | Link to Comment Gringo Viejo
Gringo Viejo's picture

I live 30 miles from the plant."Chevron! We Own California. We Don't Care. We Don't Have To".

Mon, 08/06/2012 - 22:35 | Link to Comment Missiondweller
Missiondweller's picture

Gringo in Vallejo?

Mon, 08/06/2012 - 22:40 | Link to Comment Gringo Viejo
Gringo Viejo's picture

Concord.

Mon, 08/06/2012 - 22:26 | Link to Comment francis_sawyer
francis_sawyer's picture

Surely this means that another banking scandal will get buried in page 7 of the newspaper tomorrow...

Mon, 08/06/2012 - 22:31 | Link to Comment BliptoP3
BliptoP3's picture

No - nothing on the networks yet.  I think it's gun-control week in the MSM doesn't fit the narrative, will have to wait for Global warming week next week.

Mon, 08/06/2012 - 22:30 | Link to Comment Gringo Viejo
Gringo Viejo's picture

Richmond, is mostly black and hispanic.....you know......  "poor folks"....."FUCK 'EM"! Right, Chevron?

Mon, 08/06/2012 - 22:32 | Link to Comment Ms. Erable
Ms. Erable's picture

Yup. A city where the term 'class action' means fucking your 5th grade teacher during recess.

Mon, 08/06/2012 - 22:36 | Link to Comment Missiondweller
Missiondweller's picture

I think the refinery has been around longer.

 

Mon, 08/06/2012 - 22:28 | Link to Comment Renewable Life
Renewable Life's picture

Great!!! Here comes $4.50 a gallon again in California!!

Mon, 08/06/2012 - 22:34 | Link to Comment otto skorzeny
otto skorzeny's picture

IL is there already

Mon, 08/06/2012 - 23:44 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

right after friday's oil spike  L0L!!!

this is just a seasonal price adjustment and overtime for the guys and gals getting back from vacation

they had to postpone it in june b/c the banksters wanted to deflate for a while, se we didn't get the 4th of july aassfuking as usual

they saved it for labor day!

are they burning off the sludge there or what?  looks like tires wrapped in carpeting! 

let's get that in the background for a biderman video on cantral planning and impending doom, BiCheZ!

Tue, 08/07/2012 - 00:30 | Link to Comment Bringin It
Bringin It's picture

slewie - that's pretty ... well sad ... but funny - a biderman video

I think I've seen him use that E. Bay backdrop from Marin in at least one of his vids.

Would send a whole different message now.

I love the smell of Progress in the morning.

Tue, 08/07/2012 - 00:48 | Link to Comment pd45
pd45's picture

True. CA air board requires different formulations for Summer, can't even Import gas formulated for other states.

Mon, 08/06/2012 - 22:28 | Link to Comment SheepDog-One
SheepDog-One's picture

Nellie Diamond did this! BITCH! #HMD!!

Mon, 08/06/2012 - 22:33 | Link to Comment Robslob
Robslob's picture

Pray for those in harms way.

Chevron will live to kill another day.

The End.

Mon, 08/06/2012 - 22:35 | Link to Comment otto skorzeny
otto skorzeny's picture

maybe there is something to this"Obama is the Anti-Christ" stuff

Tue, 08/07/2012 - 01:55 | Link to Comment CrockettAlmanac.com
Mon, 08/06/2012 - 22:36 | Link to Comment Neethgie
Neethgie's picture

im sure we all know this is a great oppertunity to BTFD 

Mon, 08/06/2012 - 22:38 | Link to Comment virgilcaine
virgilcaine's picture

Disgruntled employee?

Mon, 08/06/2012 - 22:40 | Link to Comment walcott
walcott's picture

It's burst into flames! Get this Scotty! Get this Scotty! Oh the humanity!

http://www.youtube.com/watch?v=F54rqDh2mWA

Mon, 08/06/2012 - 22:41 | Link to Comment bigwavedave
bigwavedave's picture

CNN has Richard Quest talking about the Mars Rover. 

Mon, 08/06/2012 - 22:43 | Link to Comment hardcleareye
hardcleareye's picture

Nice little list of refineries and capacity in the US, the loss of Richmond refinery should not be that big a deal with respect to the cost of gas, particularly with the reduced consumption due to the economic conditions. (Now if we get a major Cat 5 hurricane to strike Louisiana that is another issue....)

At the end of the day, considering business interruption insurance, Chevron just might make profit on this little incident.... time for new equipment, oh boy call the engineers and the equipment peddlers!

http://en.wikipedia.org/wiki/List_of_oil_refineries#California

Tue, 08/07/2012 - 00:33 | Link to Comment Bringin It
Bringin It's picture

I think you are forgetting that California has "special" gas that you can't just make anywhere.  Look into it.  You will see.

Tue, 08/07/2012 - 01:05 | Link to Comment Buckaroo Banzai
Buckaroo Banzai's picture

Less than 20 years ago, CA had just about the cheapest gas in the country. After a couple big refinery disasters in the state during the nineties, that all changed.

You can bet that CA gas prices are gonna take another big leg up after this.

Mon, 08/06/2012 - 22:43 | Link to Comment Renewable Life
Renewable Life's picture

"Release the Hydrocracker"

That will level off the home values in the North & East Bay!!! They'll be protesting in the streets of SF by morning!! Better hope George Lucas can't smell any "foul odor", or he'll cry and drive the gas prices to $6.50 a gallon in the Bay Area!

Mon, 08/06/2012 - 22:44 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Only crazy greenies and environment alarmists would claim that this could happen.  The technology is safe and there are multiple safety mechanisms in place that will prevent such purely hypothetical catastrophies.  You people need to stop believing your eyes and listen exclusively to what the world's largest corporations tell you.  

Mon, 08/06/2012 - 22:58 | Link to Comment tmosley
tmosley's picture

Because we all know that California doesn't regulate chemical production.

lol

Mon, 08/06/2012 - 23:08 | Link to Comment LetThemEatRand
LetThemEatRand's picture

I knew one of you clowns would be idiot enough to step up and blame government for failing to prevent Chevron from blowing itself up.  Well done.  Get out of my way government, but please prevent me from blowing myself up first.

Mon, 08/06/2012 - 23:19 | Link to Comment Poor Grogman
Poor Grogman's picture

It's a fire ...they sometimes happen you know.

Get out a bit more you may even see another one sometime.

Mon, 08/06/2012 - 23:24 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Right.  No one's fault.  Shit happens.  Move along, nothing to see here.

Mon, 08/06/2012 - 23:32 | Link to Comment Poor Grogman
Poor Grogman's picture

There will always be someone to blame, if you look hard enough.
Even if you have to blame the chap who invented oil refining.
Humans stuff up regularly. haven't you noticed...

Do NOT follow this link or you will be banned from the site!