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Houston – Issues expanding and/or building new refineries

Published October 19, 2015 by Eric Hughes #

Just learned that new Federal limits on ozone, 70 ppb, will cost potential owners millions who propose developing new refineries, or expanding existing facilities.  This is sure to drive potential companies away from certain areas of Texas and to other, less ozone affected, counties.  Companies end up having to purchase ozone credits, which can run into 100’s of millions of dollars.

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