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March 2, 2012
Daniel Simmons is the director of state affairs at the Institute for Energy Research.
This week, most of the 590 workers at the Marcus Hook refinery in Pennsylvania received their last paycheck from a plant that has been in operation—with various upgrades—for 110 years. Amid high crude oil prices and increasingly costly regulatory requirements, Sunoco, the owner of the plant, simply chose to exit the refining business altogether.