What Tesoro's Pull Out Means For Hawaii's Energy Landscape
The impending closure of one of Hawaii’s two oil refineries is bolstering calls from energy experts and state officials to diversify Hawaii’s energy sources and wean the state off of its near total dependence on imported oil.
Advocates of both renewable energy and natural gas are calling Tesoro’s Tuesday announcement that it is shuttering its Kapolei facility a wake-up call to move faster to introduce alternative energy sources.
Jeff Kissel, CEO of Hawaii Gas, said the development underscores the need to bring liquefied natural gas to Hawaii.
“It absolutely supports the argument to diversify our fuel sources, and liquified natural gas is one of them,” said Kissel. “It’s what our company has been saying for four years now.”