Petro Marine set to buy Crowley Fuels’ Southeast Alaska business, stoking fears of fuel ‘monopoly’ in Ketchikan
Posted by Eric Stone | Jan 20, 2021
Petro Marine is set to take over Crowley Fuels’ Southeast Alaska business next month, including this facility on Ketchikan’s Stedman Street. The Environmental Protection Agency recently fined Crowley $1.3 million over gasoline tank farm violations. (Photo courtesy of EPA Region 10)
A major player is exiting the energy business in Southeast Alaska. Crowley Fuels is set to sell its Southeast Alaska business to Anchorage-based Petro Marine Services. The deal is expected to close in mid-February. But some fear the move could make life in the panhandle even less affordable.