IX — After two weeks of significant increases in wholesale gasoline prices in the territory, some. of the prices slipped slightly down- ward today as HOVENSA adjusted its rack rates. The changes lowered the rack rates — the price of fuel purchased wholesale at the HOVENSA truck- loading station on St. Cro

n - Sat 10-6:30 340.715.7297 e East End Galleria. Red Hook. St Thomas 4 HOUSE_OVERSIGHT_021722 --- PAGE BREAK --- 6 The Virgin Islands Daily News HOVENSA for regular Daily News Staff ST. CROIX — After two weeks of significant increases in wholesale gasoline prices in the territory, some. of the price

008 2009 2010 2011 2012 2013 2014 —GTP Per Capita Per capita personal income ($) —*—Gross Territorial Product (GTP, Millions) The closure of the Hovensa refinery, which was one of the territory's largest employers, also had a significant impact on exports which were prevously dominated by petrolium p

t the Hovensa refinery would be permanently shut down. This has had a major impact causing an economic downturn on the island, leaving 1,158 former Hovensa workers unemployed and many more employed by the company's contractors according to the United States Department of Labor. Recently, an auction of

bor Force has also declined slightly, and there has been a steady increase in the unemployment rate; which was further affected by the closure of the Hovensa oil and gas refinery in 2012. Note that there was a slight dip in unemployement in 2014. IGY American Yacht Harbor Marina HOUSE_OVERSIGHT_018820 -

8 2009 2010 2011 2012 2013 2014 ———— GTP Per Capita Per capita personal income ($) —#—Gross Territorial Product (GTP, Millions) The closure of the Hovensa refinery, which was one of the territory’s largest employers, also had a significant impact on exports which were prevously dominated by petrolium pr

ntacted to see if we are interested to manage this small port its very interesting a US port not subject to the jones act. There was a giant oil co Hovensa. that left the island along with an aluminum smelter. all giant ships used to berth We also might get us federal funds to help build due to the eco

ing right now. John would like to know if we have done a fuel price analysis re what Hancock is charging. If we know that he is getting his fuel at Hovensa at the rack rate then we can figure out his margin. John is willing to press the issue if we have some info on what he is charging and that he defi

nt: Tuesday, April 3, 2012 7:18 PM To: Je vacation Cc: Rich Kahn Subject: Re: Jeffrey, You are correct, Billy Bolhke said december 2012 with Hovensa,,, current rack price is $3.63 We have 6123 gallons in st thomas,,,,our ISO tank is with Bolhke ready for a load when needed. Thx Larry Sent via

If the cable was sized properly it should be less than 2% losses. We have an excellent electrical contractor in St. Croix that has been working for Hovensa for many years. Let me know if you want me to introduce him. Jeff From: Jeanne Brennan Sent: Saturday, December 08, 2012 06:05 AM To: Ottaviano,

he cable was sized properly it should be less than 2% losses. =br> We have an excellent electrical contractor in St. Croix that has =een working for Hovensa for many years. Let me know if you want me to =ntroduce him. Jeff 3 EFTA_R1_01354258 EFTA02361914 From<=b>: =eanne Brennan imailto:jabwcpa@gma

the cable was sized properly it should be less than 2% losses. <=r>We have an excellent electrical contractor in St. Croix that has been wo=king for Hovensa for many years. Let me know if you want me to introduce h=m. Jeff class="MsoNormal" style="margin:0in;margin-bottom:.0001peext-align:=eft" align="

that we have at the far west of the airport. The ISO you own is not equipped with a Scully Vapor Release system so it will never be allowed in the Hovensa refinery as is. Not a show stopper since we can deliver the fuel to the Tradewinds tank farm then fill your tank. {We do this process already when s

ing right now. John would like to know if we have done a fuel price analysis re what Hancock is charging. If we know that he is getting his fuel at Hovensa at the rack rate then we can figure out his margin. John is willing to press the issue if we have some info on what he is charging and that he defi