We operate in two reportable business segments: Refining and Logistics. Certain Relationships and Related Transactions, and Director Independence. Paulsboro receives crude and feedstocks via its marine terminal on the Delaware River. The Delaware City coking capacity is equal to approximately 25% of crude capacity. Unit capacities are shown in barrels per stream day. Refined Product Yield and Distribution. Excess electricity is sold into the Pennsylvania-New Jersey-Maryland, or PJM, grid. Chalmette has a total tankage capacity of approximately 8.1 million barrels. The Torrance refinery is located on 750 acres in Torrance, California. PBFX's operations are aggregated into the Logistics segment. The lease for our Long Beach office expires in 2021. Mr. Lucey is also a director of certain of our subsidiaries, including PBF GP. Ms. Canty is also a director of certain of our subsidiaries. Legal Proceedings", •Item 8. " 31Risk FactorsYou should carefully read the risks and uncertainties described below. In that case, the trading price of PBF Energy Class A common stock could fall. In 2012, CARB implemented Cap-and-Trade. This may hinder or prevent us from meeting our future capital needs. Our indebtedness may significantly affect our financial flexibility in the future. We continue to require substantial working capital to fund our business. Any such changes could negatively impact the value of an investment in PBFX common units.
