From Oregon Public Broadcasting:
Click on the orange arrow to hear the broadcastPort of Longview commissioners voted unanimously Tuesday morning to end talks with an energy company that wants to build the first oil refinery on the West Coast in more than 25 years.
The $1.25 billion proposal from Texas-based Waterside Energy detailed a facility capable of refining 30,000 barrels of oil and 15,000 barrels of biofuel each day. The proposed project also included a propane and butane terminal handling 75,000 barrels per day. The plan also called for three additional trains per week carrying crude oil along the Columbia River.
Longview Port Commissioner Jeff Wilson indicated the port shared doubts about the financial situation of Waterside Energy and its two subsidiaries. … Port commissioners said the company missed deadlines and failed to fulfill its obligation to the port.