early 2012
The Hovensa Refinery in St. Croix closed.
| Name | Type | Mentions | |
|---|---|---|---|
| NSA | organization | 1098 | View Entity |
HOUSE_OVERSIGHT_018821.jpg
This document is page 11 of an economic analysis report, likely concerning the U.S. Virgin Islands, covering the period from 2007 to 2014. It details a declining economy, highlighting the closure of the Hovensa Refinery in St. Croix in 2012, a drop in Gross Domestic Product from a 2007 peak, and a decrease in personal income per capita between 2010 and 2013. The document is labeled 'HOUSE_OVERSIGHT_018821' and mentions 'IGY American Yacht Harbor Marina' in the footer.
Events with shared participants
Closure of the Hovensa oil refinery.
2012-01-01 • St. Croix
Closure of the Hovensa oil refinery in St. Croix, cited as a likely cause for a downturn in GDP.
2012-01-01 • St. Croix
Closure of the Hovensa oil and gas refinery, which impacted the territory's unemployment rate.
2012-01-01 • U.S. Virgin Islands
Closing of the Hovensa refinery, which impacted the St. Croix housing market.
Date unknown • St. Croix
The permanent shutdown of the Hovensa refinery was announced, causing an economic downturn and leaving 1,158 workers unemployed.
2012-01-18 • US Virgin Islands
The assets of the closed Hovensa refinery were sold at auction.
Date unknown • St. Croix
The Hovensa refinery was announced to be permanently shut down, leading to job losses and an economic downturn.
2012-01-18 • US Virgin Islands
An auction of Hovensa's assets was held, with assets awarded to Limetree Bay Holdings.
Date unknown • New York City
The Second U.S. Circuit Court of Appeals ruled the NSA's collection of bulk data illegal.
2015-05-05
Publication of a New York Times article on the NSA's expansion of internet spying at the U.S. border.
2015-06-04 • U.S. Border
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