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On July 26, 2010, New York City Mayor Michael Bloomberg, City Council Speaker Christine Quinn and other environmental leaders in the political and oil industries came to United Metro Energy's biodiesel plant to hold a press conference announcing an agreement on Local Law 43, a legislation that was unanimously passed by the New York City Council ...
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The company expanded by buying oil pipelines from mainstream petroleum companies. In 1942, the company purchased Indiana Pipe Line. In 2004, its $517 million acquisition of refined petroleum pipelines and terminals from Shell was approved by the Federal Trade Commission .
By the 1890s, Valvoline oil was associated with winning race cars. [8] During the early 20th century, Valvoline was the recommended motor oil for the Ford Model T. [4] In 1949, Ashland Inc. purchased the Freedom-Valvoline Company. [9] By 2016, Ashland's Valvoline subsidiary accounted for about 37% of the parent company's annual revenue. [4]
Under the Sherman Antitrust Act, Standard Oil Trust was broken up into 34 companies in 1911. Standard Oil's Brooklyn refinery, at 20 acres, burned down in 1919, in what may have been an intentional attempt to clear the land and draw insurance. [6] The former site of Astral Oil Works is now the location of the Bayside Fuel Oil depot at Bushwick ...
In 2018 and 2019, BLM also approved fewer than 300 permits per month, but monthly permits jumped to 452 in 2020 as fossil fuel companies stocked up on them in anticipation of an administration ...
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