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Month: September 2017

Category:
  • Offshore

About 5.5 percent U.S. Gulf oil output still shut after Harvey: government agency

About 5.5 percent of the U.S. Gulf of Mexico’s oil production, or 96,000 barrels of daily output, remained shut on Sunday after Hurricane Harvey made landfall in Texas more than Continue Reading

Posted On : 4 Sep 2017 Published By : Tom Whipple
Category:
  • Air Quality

Texas chemical plant to burn containers at risk of explosion: officials

FILE PHOTO: The flooded plant of French chemical maker Arkema SA, which produces organic peroxides, is seen after fires were reported at the facilty after Tropical Storm Harvey passed in Continue Reading

Posted On : 4 Sep 2017 Published By : Tom Whipple
Category:
  • Pipelines

Key fuel lines restart as concerns ease over supply crunch after Harvey

Two key fuel pipelines were set to start up on Monday after certain segments in Texas were shut because of Hurricane Harvey, helping alleviate concerns about rising retail prices and Continue Reading

Posted On : 4 Sep 2017 Published By : Tom Whipple
Category:
  • Climate
  • USA

Hurricane Irma remains potential threat to the East Coast, possibly matching Harvey’s wind strength

Irma advisory from the National Hurricane Center as of 11 a.m. Saturday morning. ( ) On the heels of Hurricane Harvey, now estimated to be the second-costliest storm in U.S. Continue Reading

Posted On : 4 Sep 2017 Published By : Tom Whipple
Category:
  • Refining

Exxon restarting second-largest U.S. refinery

ExxonMobil Corp was restarting its Baytown, Texas refinery, the nation’s second largest, on Saturday six days after it was shut because of heavy rain from Tropical Storm Harvey. The company Continue Reading

Posted On : 4 Sep 2017 Published By : Tom Whipple
Category:
  • Refining

Harvey Has Made the World’s Most Important Chemical a Rare Commodity

Ethylene used to make cars, milk jugs, paint and mattresses More than half of U.S. production has been knocked out Few Americans care about ethylene. Many have probably never heard Continue Reading

Posted On : 4 Sep 2017 Published By : Tom Whipple
Category:
  • Climate

The second face of climate denial

Human kind cannot bear very much reality. That is certainly true when it comes to long-term threats such as climate change. But the temptation to push aside inconvenient truths is Continue Reading

Posted On : 4 Sep 2017 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Slide Despite Falling OPEC Exports

Saudi Arabia stuck to its promise to further cut crude oil exports in August to 6.6 million bpd, bringing OPEC’s total for the month to 25.897 million barrels daily, energy Continue Reading

Posted On : 1 Sep 2017 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Sag As Gasoline Prices Peak

(Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) Friday, September 1, 2017 Hurricane Harvey Continue Reading

Posted On : 1 Sep 2017 Published By : Tom Whipple
Category:
  • Prices

Oil prices move lower, but high volatility expected

The amount of crude oil forced into storage facilities in the United States left the short-term market lopsided and pushed major benchmarks lower early Friday. Oil and gas infrastructure along Continue Reading

Posted On : 1 Sep 2017 Published By : Tom Whipple

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