Event Details
Prior to 2014
Description
Closing of the Hovensa refinery, which impacted the St. Croix housing market.
Participants (1)
| Name | Type | Mentions | |
|---|---|---|---|
| NSA | organization | 1098 | View Entity |
Source Documents (1)
HOUSE_OVERSIGHT_018827.jpg
This document is a one-page area analysis of the U.S. Virgin Islands, focusing on hotel performance and the housing/property market. It provides hotel metrics (ADR, RevPar, Occupancy) for 2013-2014 and details average home sale prices and market trends on St. Thomas, St. John, and St. Croix from 2007 to 2015. The report also mentions several proposed hotel development projects and the economic impact of the Hovensa refinery closure on St. Croix.
Related Events
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
The Hovensa Refinery in St. Croix closed.
Date unknown • St. Croix
Closure of the Hovensa oil and gas refinery, which impacted the territory's unemployment rate.
2012-01-01 • U.S. Virgin Islands
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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