USGC refiners begin shutting down units amid Christmas cold snap

US Gulf Coast refiners on Dec. 23 began shutting units or were running on circulation as below-freezing temperatures continued to sweep over the region, according to refinery sources and analysts. “Refinery outages are being reported due to the cold, but, very importantly, power has generally remained available,” said Rick Joswick, head of global oil analytics at S&P Global Commodity Insights….