Subsidy Tracker Parent Company Summary

Parent Company Name: 
Placid Refining
Ownership Structure: 
privately held
Headquartered in: 
Louisiana
Major Industry: 
oil and gas
Specific Industry: 
oil & gas
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$52,041,45815
Federal (grants and allocated tax credits)$00
TOTAL$52,041,45815
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$00
Time Period for State and Local Awards: 

Earliest year of data: 2008. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

The penalty dollar total above is adjusted to account for the fact that the list of entries below may include both agency records and settlement announcements for the same case. Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

PLACID REFINING

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.

For an overview of political contributions associated with this company, see its Follow the Money page.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Louisiana$52,041,45815

Individual Subsidy Records:

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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Placid Refining Company, LLC Louisiana state 2009 $31,643,501 property tax abatement
Placid Refining Company LLC Louisiana state 2015 $7,095,508 property tax abatement
Placid Refining Company LLC Louisiana state 2014 $4,406,160 enterprise zone
Placid Refining Company, LLC Louisiana state 2009 $3,567,000 Enterprise zone
Placid Refining Company, LLC Louisiana state 2016 $1,593,841 property tax abatement
Placid Refining Company, LLC Louisiana state 2009 $717,805 property tax abatement
Placid Refining Company, LLC Louisiana state 2009 $664,531 property tax abatement
Placid Refining Company, LLC Louisiana state 2008 $594,916 property tax abatement
Placid Refining Company, LLC Louisiana state 2011 $445,237 property tax abatement
Placid Refining Company Louisiana state 2016 $416,537 property tax abatement
Placid Refining Company LLC Louisiana state 2013 $345,019 property tax abatement
Placid Refining Company, LLC Louisiana state 2012 $227,700 property tax abatement
Placid Refining Company, LLC Louisiana state 2010 $149,362 property tax abatement
Placid Refining Company, LLC Louisiana state 2016 $115,250 enterprise zone
Placid Refining Company, LLC Louisiana state 2009 $59,091 property tax abatement
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