The Co-op Refinery Complex is reducing production at its Regina plant amid the coronavirus pandemic. For the last three months, CRC has been producing between 110,000 to 120,000 barrels per day, but as of Thursday, it lowered production to about 90,000 barrels per day.
CRC said the reduction is in response to low oil prices and lessened demand for gasoline as people continue to stay home. “While we’re turning down the Refinery’s daily production, we want customers to know that we have planned for this.
Over the past few months, we have taken steps to maximize the utilization of our storage capacity and supply chain network throughout Western Canada,” Gil Le Dressay, CRC’s vice-president of refinery operations, said in a statement. “This