Drivers Descend on New Jersey Pumps for Final Hours of Cheap Gas
“I said to myself, ‘Fill the car up while you can,’” one New Yorker said before the tax rose 23 cents per gallon.
U.S. energy production, consumption has changed significantly since 1908
(Tue, 01 Nov 2016) On Tuesday, the Cleveland Indians are set to host the Chicago Cubs in game six of the 2016 Major League Baseball World Series. In the 68 years since the last title for the Cleveland Indians, and the 108 years since the last World Series title for the Chicago Cubs, energy production and consumption patterns in the United States have changed a great deal.
Fuel for Thought: Chinese refiners look outward as domestic market saturated
The dramatic transformation that China's vast refining landscape has undergone in the last year is rewriting the market dynamics for oil trade flows in Asia.
Fort Calhoun becomes fifth U.S. nuclear plant to retire in past five years
(Mon, 31 Oct 2016) The Fort Calhoun Nuclear Generating Station, located near Omaha, Nebraska, shut down on Monday, October 24, after the Omaha Public Power District voted in June to retire the plant, citing economic reasons as the main cause. With a capacity of 478 megawatts (MW), Fort Calhoun was the smallest active nuclear power plant in the United States at the time of its retirement.
Waking Up to Shorter Commutes
Transportation projects on ballots across the country are good investments for the future.
International Maritime Organization cuts the bottom out of the barrel
"More details to follow." Those were the first words on the IMO's Twitter page after it imposed a global 0.5% sulfur emission limit on the shipping industry from 2020.
Offshore oil production in deepwater and ultra deepwater is increasing
(Fri, 28 Oct 2016) Global offshore oil production (including lease condensate and hydrocarbon gas liquids) from deepwater projects reached 9.3 million barrels per day (b/d) in 2015. Deepwater production, or production in water of depths greater than 125 meters, has increased 25% from nearly 7 million b/d a decade ago.
A funny thing happened on the way to Corpus Christi
For all the problems and challenges this country has, others want to be here. Austrian steelmaker Voestalpine highlights the US' manufacturing appeal.
Germany votes against the internal combustion engine
Germany’s lower house of parliament, the Bundesrat, voted in October to ban the sale of cars with internal combustion engines by 2030.
Low tanker rates are enabling more long-distance crude oil and petroleum product trade
(Thu, 27 Oct 2016) Recent expansion of the global crude oil and petroleum product tanker fleet has resulted in falling or lower tanker rates for much of 2016 that have widened the geographic scope for economically attractive trade at a time when inventories of both crude oil and petroleum products are at high levels.