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February 21st, 2012 
FAKE NEWS for the Zionist agenda ST. CROIX, U.S. Virgin Islands (AP) — The U.S. Virgin Islands joint venture Hovensa LLC says it has completed the shutdown of what was once one of the region’s largest oil refineries.
Hovensa says the refinery on St. Croix will operate as an oil storage facility. The company had 2,000 workers when it announced the closure in January. The company said in a statement Tuesday that the workforce will go down to 100 after a transition period.
The refinery was a joint venture of U.S.-based Hess Corp. and Venezuela’s state-owned oil company. It was producing about 350,000 barrels per days. But the company said it lost $1.3 billion over the past years because of weak demand and high operating costs.
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