By: Chauncey Gardiner

Chauncey Gardiner
Mon, 24 Nov 2025 18:43:15 +0000

I appreciate that this essay illuminates the fact that plant operator can’t expect to sell the plant but must simply shutdown, because no sane buyer would be willing to pay any price to own a money-losing operation. “ExxonMobil said:

‘We considered various options to continue production and tested the market for a potential buyer, but the UK’s current economic and policy environment combined with market conditions, high supply costs and plant efficiency do not create a competitive future for the site.'”