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Here are some selected news articles from the week ended 06 March 2021. Part 2 is available here. This is a feature at Global Economic Intersection every Monday evening or Tuesday morning. Please share this article - Go to very top of page, right hand side, for social media buttons. Fuel supplies drop most on record as US oil refining collapses, leading to largest ever jump in oil supplies Refinery utilization at an all time low, 10% lower than it s ever been; oil refined is least on record; record jump in oil inventories, record drop in gasoline inventories; distillates production at a 26 year low, distillates inventories drop most in 18 years; largest jump in oil imports in 39 weeks. ....
Staff Writer ST. CLAIRSVILLE The Belmont County Board of Commissioners answered questions about the future of oil and gas activity during their Wednesday meeting. Guests included Bill Lample of the Dillies Bottom area along Ohio 7, near the site of a potential ethane cracker plant, who asked questions about whether the new presidential administration might prove harmful to fracking locally. He referred to executive orders from the office of President Joe Biden, including revoking a permit for a Keystone XL pipeline. The proposed pipeline would be nearly 1,200 miles from Canada to the Gulf Coast. “All these executive orders on the oil, pipelines and drilling, is it going to affect Belmont County?” Lample said. ....