Page added on July 3, 2007
Coffeyville Resources’ oil refinery in Kansas was submerged under four to six feet (1.2 to 2 meters) of water due to flooding, a Montgomery County Emergency Management coordinator said Tuesday.
The 108,00 barrel-per-day refinery was shut Friday, and the flooding also caused a crude oil spill of more than 1,000 barrels from its storage tanks.
… Some gasoline traders on the Gulf Coast expected the refinery to be out of service for months due to water damage to the refinery infrastructure.
The gasoline cash market reacted bullishly on Monday, with the Midwest Group Three gasoline cash differential climbing about 13 cents a gallon.
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