Archives for 2019
U.S. sanctions spark surge in Venezuelan oil half the world away
U.S. sanctions that have effectively blocked American imports of Venezuelan oil are leading to a crude-price surge thousands of miles away in China. Source: FuelFix
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California company seeks to build $1 billion refinery in Permian Basin
A California company is seeking to build a $1 billion refinery to make gasoline and diesel near the Permian Basin town of Kermit. Source: FuelFix
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Two pipelines hold joint open season to move crude oil from Permian Basin to Houston Ship Channel
Developers of two separate pipeline projects have combined forces to move crude oil from the Permian Basin of West Texas to multiple destinations along the Houston Ship Channel. Source: FuelFix
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Low Venezuelan oil output could fall another 50% by 2020
Struggling Venezuela already is producing oil at a multi-decade low, but the socialist nation’s crude output could fall another 50 percent by 2020, further imperiling the economic plight of its industry and citizenry, according to...
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Houston gasoline prices dip again
Gasoline prices fell for another week in Houston, staving off the anticipated seasonal spring rise in pump prices for now. Source: FuelFix
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