Sunoco CEO and Chairman Lynn Elsenhans said the refineries have lost $772 million since 2009, which not coincidentally is the first year of the Zerobama Administration.
It will be unfair to pin all the blame on President Zero, however. First year Congressman Pat Meehan, a Republican, has been practically screaming that this was going to happen since he took office, Jan. 3, while his Democrat predecessor Joe Sestak; and Democrat Chaka Fattah, whose 2nd District includes the Philadelphia plant; and Democrat Bob Brady, whose 1st District borders both facilities and includes many of the workers, have been silent partners in Obama’s plan to wreak economic ruin when they were not loudly marching in lockstep with it.
So blame the Democrats and remember to shake the hand of Meehan, who has still not surrendered on saving the plants.
By the way, the massive new unemployment that will result from the closings — the Marcus Hook plant has about 600 workers while the facility in southwest Philly has about 800 — may not even be biggest problem. What does one do with 2,200 idle acres of tanks, towers and hazardous waste?
The Philadelphia plant is 1,400 acres while the Delaware County facility weighs in at 788.
And let’s not forget how the loss of the property tax revenue is going to affect Marcus Hook Borough, the Chichester School District and the City of Philadelphia.
And for those of you who do claim to care about the environment, do you really think it better that our oil be refined in Nigeria and Venezuela rather than Pennsylvania?
The Marcus Hook plant is where NASCAR racing fuel is produced.