The OLEX Petroleum Company has recently determined that it could cut its refining costs by closing its Grenville refinery and consolidating all refining at its Tasberg refinery  Closing the Grenville refinery, however, would mean the immediate loss of about 1, 200 jobs in the Grenville area  Eventually the lives of more than 10, 000 people would be seriously disrupted
Ttherefore, OLEX' s decision, announced yesterday, to keep Grenville open shows that at OLEX social concerns sometimes outweigh the desire for higher profits
The Tasberg refinery is more favorably situated than the Grenville refinery with respect to the major supply routes for raw petroleum.