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Re: 56Chevy post# 241

Wednesday, 06/25/2014 10:56:31 AM

Wednesday, June 25, 2014 10:56:31 AM

Post# of 4301
Chevy is right. BDCO is a very interesting investment. As long as the spread between WTI and Gulf pricing BDCO should do very, very well.

Found an article last night that stated the real output of the Nixon plant may be 20k barrels/day up from 15k. Supposedly the previous plant ran quite a bit at 17k and could and would run at 20k for periods of high demand.

I spent some time on TCEQ website and was not able to find any requests to increase the facility size.

I also understand why BDCO may have not purchased Ingleside Plant (near Aransas Pass) from Lazarus. Its a Superfund site with analysis/sampling of the plant and its environment being completed in 2014. If its not too horrible I would expect to see it sold in the future as it had a historical capacity of 40k barrels per day.


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