West Texas Sour Discount Widens After Texas Refinery Outage
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The discount for West Texas Sour crude widened after Western Refining Inc. said its El Paso refinery in Texas was affected by a power failure earlier today.
“We lost power from El Paso Electric early this morning,” Gary Hanson, a spokesman for Western, said in an e-mail. “Power has been restored and we are in the process of restarting our units.”