Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Michigan seeks comment on permit to increase Marathon refinery throughput

Published 04/18/2024, 12:43 PM
Updated 04/19/2024, 11:51 AM
© Reuters. FILE PHOTO: Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB) gasoline, CARB diesel fuel, and other petroleum products, in Carson, California, U.S.

By Laura Sanicola and Nicole Jao

(Reuters) - A Michigan regulator said this week it is seeking public comment on a proposed permit that would allow Marathon Petroleum (NYSE:MPC) to boost crude throughput at its Detroit refinery.

Marathon filed an application with the state in March to run its 140,000 barrel per day refinery continuously at full capacity by removing monthly and annual throughput limits. The plan is opposed by local environmental groups because increasing throughput increases refinery pollution.

The refinery's current permit caps the facility's capacity at 140,000 barrels per day (bpd) on an annual average.

Marathon currently relies on periods of shutdown or reduced production to meet the annual average limit, a spokesperson for the Michigan Department of Environment, Great Lakes, and Energy said.

Marathon declined to comment on whether it plans to boost throughput beyond 140,000 bpd.

The Detroit refinery emits less pollutants than its current permit allows, according to Marathon and regulators.

The facility is located in Wayne County, Michigan, an area with significant industry presence that is out of compliance with national standards for sulfur dioxide emissions.

To offset pollution increases, Marathon has proposed several projects including upgrading process heaters to phase out the crude flare.

Marathon has violated air quality rules and regulations in the past, but that cannot prevent Marathon from seeking this permit, regulators said.

The company lost an appeal in 2022 to be exempt from a rule requiring it to enclose petroleum coke at the Detroit refinery in order to prevent dust from being released.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

A public hearing on the proposed permit is scheduled for May 22.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.