US union leaders have launched a large-scale strike at nine refineries after failing to agree on a new
national contract with major oil companies.
It marks the first nationwide walkout since 1980 and impacts plants that together account
for more than 10% of US refining capacity.
Shell, Marathon Petroleum and LyondellBasell will see their facilities affected
but have since implemented strike contingency plans.
The last nationwide work stoppage in 1980 lasted three months.
"This industry is the richest in the world and can afford to make the changes we offered
in bargaining"
USW International Vice President of Administration Tom Conway
The move comes at a tough time for oil companies, which have been cutting costs
and reining in spending following a collapse in crude prices.
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