Where oil rigs go to die
It was night, stormy, and the oil rig Transocean Winner was somewhere in the North Atlantic on 7 August 2016 when her tow-line broke. No crew members were on board. Continue Reading
U.S. fuel shortages from Harvey to hamper Labor Day travel
Travelers and fuel suppliers across the United States braced for higher prices and shortages ahead of the Labor Day holiday weekend as the country’s biggest fuel pipelines and refineries curb Continue Reading
Looming Gas Shortage: “Imports Can’t Make Up For This”
The East Coast will start feeling the effects of Hurricane Harvey as the gasoline supplied from the Gulf Coast starts to dry up. One of the most important pipelines that Continue Reading
Oil Markets React Stoically To Strong Crude Inventory Draw
Amid the shutdown of 20 percent of U.S. refining capacity caused by Hurricane Harvey and the pending shutdown of more refineries as the storm moves on to Louisiana, the EIA’s Continue Reading
USGC refinery outages, port closures continue to increase Aug 30
US Gulf Coast oil refinery outages and port closures are increasing, according to a Wednesday midday ET report by S&P Global Platts, the leading independent provider of information and benchmark Continue Reading
About A Quarter Of US Fuel Output Shut As Harvey Churns On
The heart of the US energy industry suffers further damage and supply constraints could last for weeks. HOUSTON, Aug 30 (Reuters) – Tropical Storm Harvey inflicted more damage on the Continue Reading
Will This Bring Big Oil Back To The Bakken?
If shale plays were people, everyone would be jealous of the Permian for getting all the attention. It is the leader in overall national oil output growth, and just last Continue Reading
Democratic Senator Urges Trump To Sell Oil In Strategic Reserves
Federal officials should release fuel from the Strategic Petroleum Reserve to prevent gas prices from rising in the wake of Hurricane Harvey, Democratic Senator Edward Markey from Massachusetts told President Continue Reading
Record U.S. fuel stocks to cushion post-Harvey shortages: IEA
Record oil and refined products stocks will cushion potential shortages caused by Hurricane Harvey, the International Energy Agency (IEA) said on Tuesday, adding that it could release emergency oil stocks Continue Reading
Harvey’s Widespread Destruction Tests U.S. Shale
Tropical Storm Harvey , the most powerful storm to hit Texas in half a century, has shut a significant portion of the state’s shale production, cutting off as much as Continue Reading