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Valero CEO Says US Energy Secretary Told Shuttered Refineries Won’t Restart

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Valero CEO says US Energy Secretary told shuttered refineries won’t restart.

Valero Chief Executive Joe Gorder said U.S. Energy Secretary Jennifer Granholm was told at a recent White House meeting with energy executives that refineries shuttered in the last few years won’t return production.

Jennifer Granholm, U.S. Energy Secretary said:

The one interesting thing that came out of it, too, was there was consideration for the ability to restart refining capacity that had been shut down.

“And I think the general sentiment was that wasn’t going to happen.” (Reporting by Erwin Seba; Editing by Chizu Nomiyama).

READ the latest news shaping the biofuels market at Biofuels Central

Valero CEO says U.S. energy secretary told shuttered refineries won’t restart, HOUSTON, October 25, 2022

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