See on Scoop.it – PRG HAWAII NEWS WITH RUSS ROBERTS
KITV Honolulu Tesoro Selling Hawaii Refining Operations to Par Petroleum Motley Fool The transaction will cost Par $75 million, plus the market value of Tesoro Hawaii’s net working capital — estimated to be between $225 million to $275 million –…
Russell Roberts‘s insight:
Keep an eye on this deal. The Tesoro refinery is the only facility making motor fuel in the state of Hawaii. The smaller Chevron refinery closed down a few months ago. Aloha, Russ.
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