Refinery Strike Talks Hit Roadblock—Union strike to drag on for at least another week

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Road Block

The oil refinery strike affecting 13% of the nation’s fuel capacity will likely drag on for at least another week, according to Bloomberg News.

The United Steelworkers, the union that has called for the partial-nationwide strike, appears to have made an information request to company negotiatiors that is causing the delay.

United Steelworkers and Royal Dutch Shell Plc will resume labor negotiations in a week amid the largest U.S. refinery strike in more than three decades.

The USW said in a text message late Wednesday bargainers were ready to meet “but industry still unprepared” and that negotiations will resume in a week. Shell spokesman Ray Fisher said the company was gathering data requested by the union and he couldn’t give a precise date the information would be shared.

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Shell, representing companies including Chevron Corp. and Exxon Mobil Corp., indicated it won’t return to talks with the United Steelworkers until Feb. 18 as it gathers requested data, three people with knowledge of the discussions said Wednesday, asking not to be identified because the information isn’t public. [Emphasis added.]

So far, the refinery strike has not affected the price of oil, as gas prices remain low.

However, as the union has another 50+ refineries’ workers on rolling 24-hour contract extensions, that could soon change if the union calls more refinery workers out on strike.

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