Report: Closing Pa. refinery could spike gas costs

PHILADELPHIA — Federal energy officials say the potential closure of a Philadelphia refinery could lead to gas price spikes in some parts of the northeastern United States.

Monday’s report from the U.S. Energy Information Administration says uncertainty surrounds the proposed closure of Sunoco’s refinery in South Philadelphia. The company says it will close the refinery in June if it can’t find a buyer.

The Philadelphia Inquirer reports Pittsburgh and western New York state are likely to be affected if the Sunoco refinery shuts down.

The Philadelphia refinery processes 335,000 barrels daily and represents nearly a quarter of the Northeast’s refining capacity.

The report says imported gasoline could cover the lost production but the 180,000 barrels of ultra-low sulfur diesel made daily by the refinery would be harder to replace.