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After the incident, supply concerns reportedly helped push "oil prices 2% higher in early trading to nearly $54 a barrel. [15] On December 6, 2017, an Enterprise Products pipeline exploded around 1:30 am near Loving, in southeast New Mexico.
Mont Belvieu is a city in Chambers County in the U.S. state of Texas. It is just north of Interstate 10 along State Highway 146 . The population is currently 11,922 and was 7,654 at the 2020 census , an increase of nearly 100% from 3,835 in 2010. [ 5 ]
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When Gulf Oil decided to build a new chemicals plant in 1962, the company made the announcement at a Baytown Chamber of Commerce luncheon. Some 230 people attended a lunch on March 13, 1962 to hear Gulf Oil vice president Dr. Alexander Lewis Jr. discuss his company's plans for the 1,000 acres of prairieland just east of the town's center.
Oil prices bounced around quite a bit in 2024. They rallied more than 20% at one point -- topping $85 per barrel -- before cooling off toward the end of the year. Oil was recently below $70 a ...
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HDPE pipeline on a mine site in Australia. A pipeline is a system of pipes for long-distance transportation of a liquid or gas, typically to a market area for consumption. The latest data from 2014 gives a total of slightly less than 2,175,000 miles (3,500,000 km) of pipeline in 120 countries around the world. [1]