Whiting refinery workers reject contract extensions

United Steelworkers members at ?BP's 440,000-barrel-per-day refinery in Whiting, Indiana, rejected the company's ?offer to extend their contract ?by ?28 days at the largest refinery in the U.S. Midwest, the company said in a statement on Saturday.

United Steelworkers Local 7-1 which represents about 800 workers in Whiting said on Friday, 'in a statement sent to its members, that the two sides are still apart but that workers should continue to report to work according to schedule to ensure the safe operation of the facility.

The union stated that "while there is no intention to stop work, we need to be ready." Our plans for a strike or lockout were initiated. Please do not be alarmed. We will continue bargaining with the aim of reaching a?mutually beneficial agreement by February 1st.

In a statement released on Friday, it said that there are 'differences regarding seniority, layoffs and wages.

The collective bargaining agreements expire on Saturday.

Whiting refinery produces transportation fuels such as gasoline, jet fuel and diesel fuel.

BP and union didn't immediately respond to further requests for comment.

(source: Reuters)