Archives for September 2016
Oil rig count ticks up slightly
The activity in U.S. oilfields inched up slightly with the number of drilling rigs looking for oil increasing by two in the last week. Those gains though were more than offset by the amount of...
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Market Currents: U.S. oil imports showing strength
Gasoline is continuing its charge higher amid ongoing issues relating to the Colonial pipeline. Nonetheless, crude is charging lower into the weekend as oversupply fears weigh and dollar strength returns. Hark, here are six things...
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Summer fuel rules draw ire of pro-ethanol governors
Every summer service stations switch to a less polluting form of gasoline, largely to keep ozone levels from skyrocketing. But a coalition of pro-ethanol governors and mayors say the rules are stifling sales of the biofuel....
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Trump caught between corn, oil interests on renewable fuels
Donald Trump is trying to walk a fine line between Iowa corn interests and the oil industry. The Republican presidential candidate’s struggle to appease the antagonistic industries was in the spotlight Thursday when his campaign...
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SI Group buys Baytown chemical plant from TPC Group
TPC Group has struck a deal to sell its Baytown plant to SI Group, a global chemical intermediates manufacturer as part of a plan to shore up its finances. The sale includes a propylene derivatives...
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