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Gulf Coast fuel makers could be shut for another week Barbara Powell and Jeffrey Bair, Bloomberg Feb. 18, 2021 FacebookTwitterEmail Restarting a refinery isn’t like flipping a light switch when the power comes back on.Brandon Thibodeaux/NYT Fuel makers on the U.S. Gulf Coast may take a week or longer to get their frozen oil refineries running safely, even if at reduced rates, and that could mean higher gasoline and diesel prices at the pump. The deep freeze and power outages roiling energy markets affected more than 20 oil refineries in Texas, Louisiana and Oklahoma. Crude-processing capacity fell by about 5.5 million barrels a day, according to Amrita Sen, chief oil analyst for consultant Energy Aspects Ltd. ....
5 hours Aramco To Sell Pipeline Stake To EIG For $12 Billion 6 hours Uganda, Tanzania Seal $3.5-Bln Oil Pipeline Deal 3 days North Dakota Oil Pipeline Prevails Over Environmentalists 3 days Iran Says It Will Return To Nuclear Compliance After U.S. Lifts Oil Sanctions 3 days China Sets World Record For Deep-Sea Drilling In Disputed South China Sea 3 days Total’s $5-Billion Uganda Project Set For Imminent Go-Ahead 3 days Democrats Propose $8 Billion Bill To Clean Up Abandoned Wells 4 days Libya’s Largest Oilfield Could See Exports Interrupted 4 days Smaller Oil Tanker Rates Recover After OPEC+ Agrees To Ease Cuts 4 days U.S. LNG Exports Fall From Record Highs ....
A new year brings hopes for end of economic fallout FacebookTwitterEmail Decorations in the lobby of the Federal Reserve Bank of Dallas, photographed in downtown Dallas on Friday, August 16, 2019. CREDIT: Louis DeLuca for The Houston ChronicleLouis DeLuca Like millions of other U.S. workers over roughly the past year, Anthony Cole has had some ups and downs during the COVID-19 pandemic. Cole, who usually works in the hospitality industry in Mid-County, has changed jobs a couple of times during the past nine months, had a few weeks of uncertainty after being laid off and even contracted the virus before Thanksgiving. ....