Fire Contained at Philadelphia Refinery, an Industrial Info Market Brief

Regional gasoline prices spiked after a fire broke out early Friday morning at Philadelphia Energy Solutions' 335,000-barrel-per-day refinery in Philadelphia, Pennsylvania, according to news reports. As of early Friday, the fire was contained, but not under control. No injuries were reported. Philadelphia Energy Solutions claims the 150-year-old refinery is the largest on the eastern seaboard. A smaller fire broke out at the refinery earlier this month, which was quickly extinguished.