PBF Energy Inc. reported that at about 2:30 a.m. Sunday, a service interruption by its electric supplier, Toledo Edison, caused PBF’s Toledo Refinery in Oregon, Ohio to lose electric power. PBF is the owner of the Delaware City Refinery.
The company reported no injuries and no reported impact on the community associated with the orderly shutdown. Power was restored at 5:30 a.m. Sunday and the refinery was in the process of restarting.
Based on a recent earnings report, the Ohio refinery has the best profit margin of the three PBF refineries. The company has seen a narrowing of the price advantage it had enjoyed in processing crude oil from North Dakota.
In Delaware, the company has been bringing in the crude oil via rail.