Search results
Results from the WOW.Com Content Network
Due to the great surge in American production of oil, natural gas, and natural gas liquids since 2008, those products have been cheaper in the North American market than worldwide, giving American refiners a major cost advantage. [17] The discount on US crude is partially attributed to the long-standing federal ban on exports of American crude oil.
Federal leases in green; areas proposed open for leasing 2007-2012 in grey (Minerals Management Service) From 1954 to 2023, federal offshore tracts produced 21.4 billion barrels (3.4 × 10 9 m 3) of oil and 195 trillion cubic feet (5.5 × 10 12 m 3) of natural gas.
Most oil is initially carried off the site by tanker truck. The truck may take the oil directly to a nearby refinery. In 2014, 2.6 percent of oil arrived at refineries by truck, up from 2.6 percent in 2005. If the refinery is not close, the tanker truck will take the crude oil to a pipeline, barge, or railroad for long-distance transport.
The Shell Martinez Refinery in Martinez, California, the first Shell refinery in the United States, supplied Shell and Texaco stations in the West and Midwest [12] until its sale to PBF Energy in 2020. [13] Shell fuel previously included the RU2000 and SU2000 lines (later there was a SU2000E) but they have been superseded by the V-Power line. [14]
The report from the Bureau of Labor Statistics, with preliminary revisions to the jobs data, is due at 10:00 a.m. ET. ... with Goldman Sachs estimating that 600,000 to 1 million fewer jobs were ...
The economy added 206,000 jobs last month, according to fresh government data, but unemployment inched above 4% for the first time in over two years. Employers added 206,000 jobs in June, as ...
Newsom's last-minute proposal, his office said, would allow his administration to require that petroleum refiners maintain a stable inventory in order to prevent fuel shortages and price spikes ...
[166] [167] The U.S. State Department's Preliminary Supplemental Environmental Impact Statement, issued in March 2013, estimated 3,900 direct jobs and 42,000 direct and indirect jobs during construction. In July 2013, Obama said "The most realistic estimates are this might create maybe 2,000 jobs during the construction of the pipeline, which ...