Back To The Bakken -- WTI Hits $76 -- February 8, 2024

Locator: 46764B.

WTI: $76.00.

Friday, February 9, 2024: 15 for the month; 74 for the quarter, 74 for the year
39752, conf, Slawson, Armada Federal 5-14-18TFH,

Thursday, February 8, 2024: 14 for the month; 73 for the quarter, 73 for the year
40047, conf, CLR, Harms East Federal 2-33H2,
40044, conf, CLR, Quale Federal 7-1H1,
39753, conf, Slawson, Armada Federal 3-14-18H,
39113, conf, Hess, EN-Hegland-155-94-0508H-6,

RBN Energy: Baton Rouge refinery set to access more crudes, boost exports after modernization.

Fresh on the heels of expanding its Beaumont, TX, refinery into the largest in the country, ExxonMobil announced in January that it had finished yet another project at its century-old Baton Rouge complex in Louisiana. The Baton Rouge Refinery Integrated Competitiveness (BRRIC) project took roughly three years to complete and did not add crude refining capacity, unlike the Beaumont project. Instead, the goal of the $240 million investment was to modernize the crude oil processing plant — the state’s largest — increasing access to competitive crudes and growing markets for its fuels as well as curbing the refinery’s environmental impact. In today’s RBN blog, we take a closer look at the BRRIC project and what it means for the Baton Rouge refinery.