Mitt Romney may have just lost his rationale for the presidency. In
recent weeks, the Obama administration has been slashing environmental
regulations, coddling “Big Oil,” circumnavigating the stickiest of
environmental bureaucracies, and sucking up to private equity.
If you had trouble just now stifling an “Amen!” or a “Right on!” or some other more salty and enthusiastic exclamation, then there’s a good chance you aren’t a member of Obama’s usual demographic.
There’s an equally good chance that until this moment you were unaware that the Obama administration had played a central role in saving the largest oil refinery on the East Coast — and with it, 850 union jobs and a chance at winning Pennsylvania’s 20 electoral votes.
If you subject yourself only to the standard pop-culture fare of TV “news,” you definitely missed it. Absent my online subscription to the Wall Street Journal, I may have missed it too.
Here is the Wall Street Journal piece, and here are the highlights from it:
After losing more than $1 billion over three years on its two oil refineries, Sunoco announced last year that it was getting out of the refining business, selling its operations in Philadelphia and Marcus Hook, Pennsylvania.
Apparently, this surprised no one in the industry, as evidenced by the March 2012 congressional testimony of Charlie Drevna, the president of the American Fuel & Petrochemical Manufacturers (AFPM).
If you had trouble just now stifling an “Amen!” or a “Right on!” or some other more salty and enthusiastic exclamation, then there’s a good chance you aren’t a member of Obama’s usual demographic.
There’s an equally good chance that until this moment you were unaware that the Obama administration had played a central role in saving the largest oil refinery on the East Coast — and with it, 850 union jobs and a chance at winning Pennsylvania’s 20 electoral votes.
If you subject yourself only to the standard pop-culture fare of TV “news,” you definitely missed it. Absent my online subscription to the Wall Street Journal, I may have missed it too.
Here is the Wall Street Journal piece, and here are the highlights from it:
After losing more than $1 billion over three years on its two oil refineries, Sunoco announced last year that it was getting out of the refining business, selling its operations in Philadelphia and Marcus Hook, Pennsylvania.
Apparently, this surprised no one in the industry, as evidenced by the March 2012 congressional testimony of Charlie Drevna, the president of the American Fuel & Petrochemical Manufacturers (AFPM).
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