…� .wm. t" Man � Sat 10-6:30340.715.7297 � East End Galleria. Red Hook. St Thomas � ,. 6 The Virgin Islands Daily News' HOVENSA cuts price for regular by 4_ cents VIRGIN ISLANDS Monday. July 29. 2013 Made ,and grown' in the V.1. :�,!I II. -,'\7- " '2Jo�'�i' " � .� \·t<"'-l: - " •...
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such as the 2012 closure of the Hovensa oil refinery in St. Croix.
…ightly, and there has been a steady increase in the unemployment rate; which was further affected by the closure of the Hovensa oil and gas refinery in 2012. Note that there was a slight dip in unemployement in 2014. IGY American Yacht Harbor Marina HOUSE_OVERSIGHT_018820
…tries include the production and export of rum; and until early 2012, the production of refined petroleum products (the Hovensa Refinery in St. Croix closed in early 2012). The Gross Domestic Product peaked in 2007 at $4.85 million, and declined to $4.14 million in 2012, and furt...
…icularly in St. Croix, where industrial development had previously been more of a focus than tourism The closure of the Hovensa refinery and the failure to facilitate a sale to a buyer who can re-open the facility as a refinery will continue to plague St. Croix until other new de...