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San Antonio-based NuStar Energy rebounds to profit in first quarter as oil recovery continues


San Antonio-based NuStar Energy rebounds to profit in first quarter as oil recovery continues
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Fuel storage tanks containers stand at the NuStar Energy LP Selby Terminal in Crockett, California, U.S., on Thursday, April 23, 2020. Crude oil rose at the end of a dramatic week that saw prices in New York plunge below zero for the first time in history. Photographer: David Paul Morris/BloombergDavid Paul Morris / Bloomberg
San Antonio-based pipeline operator NuStar Energy swung to a healthy profit for the first quarter as the U.S. oil and gas industry’s recovery from the pandemic continued pushing ahead.
Demand for crude oil and refined petroleum products has reached pre-pandemic levels as COVID-19 vaccinations are being distributed and economic activity has begun to return, the company said. That helped push NuStar to a $42 million profit on $362 million in revenue during the three months spanning January through March. A year ago, it reported a ....

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Biofuels - Neste, NuStar Expand Renewable Fuel Hub in California - Renewable Energy Magazine, at the heart of clean energy journalism


Friday, 30 April 2021
Neste and NuStar Energy L.P.  have announced  that supply trucks are now able to load Neste MY Sustainable Aviation Fuel™ at the NuStar-operated Selby Terminal near San Francisco, Calif. The first gallons have been safely picked up and delivered to the nearby Monterey Regional Airport. 
Courtesy of Neste
Due to the strategic location of the Selby Terminal, Neste and its partners Avfuel and Signature Flight Support are now able to supply sustainable aviation fuel to a growing number of airports across the western United States.  
“We must act now to reduce emissions from air travel in order to preserve the many benefits flying brings to our lives and the economy,” says Chris Cooper, Vice President for Renewable Aviation for Neste in North America. “Sustainable aviation fuel is one of the easiest ways to do this, allowing aircraft and passengers to fly much more sustainably starting right now.” ....

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Lumber prices have spiked 180% since the pandemic


Lumber prices have spiked 180% since the pandemic, affecting Arkansas housing market
The spike has caused the price for an average new single-family home to increase by over $24,000 since the pandemic, which affects multiple industries in Arkansas.
Author: Jade Jackson
Updated: 8:56 PM CDT April 19, 2021
LITTLE ROCK, Ark According to the National Association of Home Builders, there s been a 180% increase in lumber prices since this time last year at the beginning of the pandemic.
The spike has caused the price for an average new single-family home to increase by more than $24,000 since last April which affects multiple industries.
We have some homes here in Conway. I think one home over the weekend that had 27 offers. That s unreal to me. I haven t seen anything like that, said executive broker of Sandstone Real Estate Group, Denise Perry. ....

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