Sentences with phrase «coast fuel oil»
On Monday, trader AOT Energy separately said it had reduced some staff, including parting ways with its senior management team in Houston, and earlier this year pared its European distillates and U.S. Gulf Coast fuel oil business due to shrinking margins.
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«While the increase in U.S. production of crude oil and the reduced U.S. demand for transportation fuels will likely reduce the demand for total U.S. crude oil imports, it is unlikely to reduce demand for heavy sour crude at Gulf Coast refineries.»
Gulf Coast distillate fuel oil inventories have fallen for four consecutive weeks, according to EIA data.
NEW YORK, April 20 Prices for heating oil and diesel fuel traded on the U.S. East Coast are scaling multimonth highs, bolstered by unusually cold weather across the country and a surge in export demand, particularly from Brazil and Canada.
From there, the oil will head for refineries on the Gulf Coast and ultimately, as the emissions from fossil fuels, into the atmosphere to help create future summers so hot no one will forget them.
One option is to truck it in from centralized production facilities located primarily along the Gulf Coast, where hydrogen is used at oil refineries to desulfurize fuels.
In November, the U.S. Coast Guard icebreaker Healy helped deliver an emergency load of fuel oil to icebound Nome, Alaska.
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But on the Keystone XL pipeline — which, if not blocked by President Obama, would carry the crudest form of oil from Canadian tar sand deposits to Gulf Coast fuel refineries — it seems there's little room for varied stances, at least according to some protesters.
But the four prongs of the speech were not about using less fuel, but boosting supplies: drilling offshore, extracting oil from shale, drilling on the coast of the Arctic National Wildlife Refuge, and adding refineries.
The bottom line is, safety has been and will continue to be my administration's top priority when it comes to oil and gas exploration off America's precious coasts — even as we push our economy and the world to ultimately transition off of fossil fuels.
Ebinger has sat on the boards of directors of energy companies, including North Coast Energy, an independent oil and natural gas producer, and Kokomo Gas and Fuel Company, a natural gas distribution company, as well as a number of non-profit organizations.
When an oil production platform caught fire in the Gulf of Mexico near the Louisiana coast last week, a collective gasp would have been appropriate — from the residents of coastal Louisiana, who are no strangers to offshore oil rig disasters, from the fossil fuel industry, which is priming itself for a golden age under the incoming Trump Administration, and from the American public, whose oil reliance remains unchecked despite increasing awareness of both the massive downside of fossil fuel use and the increasing availability of clean, renewable energy sources.
In addition to tea party congressional Republicans, opposition to continuing the wind credit comes from the American Energy Alliance, a Washington, D.C. - based industry group linked to petrochemical interests that promote expanded drilling for fossil fuels, including in the protected Arctic National Wildlife Refuge in Alaska, and approval of the proposed XL pipeline to bring Canadian tar sands oil to refineries in Texas and the Gulf Coast.