The coverage may be excluded in certain parts of
the Gulf Coast as well as areas that are at high risk of hurricane damage.
The relationships among Dr. Chu, Dr. Koonin and BP illustrate the complexity of the ties between the company and the government now playing out along
the Gulf Coast as they struggle to cope with one of the nation's worst environmental disasters.
Staging areas are being set up along
the Gulf coast as the Deepwater Horizon spill continues to
Tropical Storm Nate could hit the U.S.
Gulf Coast as a hurricane this weekend.
Hurricane Nate brought flooding and power outages to
the Gulf Coast as it sloshed ashore outside Biloxi early today, the first hurricane to make landfall in Mississippi since Hurricane Katrina in 2005.
While many people will point to Hurricane Katrina and the 2005 damage done in New Orleans and along
the Gulf Coast as a model for what we may expect from Harvey, the 2016 floods in Baton Rouge may be more realistic.
A supply curve is an ordered list of all the oil production opportunities globally, sorted by the cost of extraction or, probably better for this example, the potential free - on - board price at a global trading hub — take every oil play in the world and ask what it would cost delivered to the US
Gulf Coast as a starting point.
CNBC's Jackie DeAngelis report on refinery shutdowns in the Texas
Gulf Coast as people take precautions against the powerful hurricane.
Not exact matches
Pipeline reversal projects such
as the Enbridge Seaway reversal and the TransCanada
Gulf Coast Marketlink project in the U.S. have begun to drain the glut of crude from the midwest by more cost - effective transportation options, and some significant refinery outages have finished in the U.S. midwest, adding demand.
The fresh hit comes five days after the monster storm slammed onshore
as a Category Four hurricane, pummeling the US
Gulf Coast with torrential rains that turned neighborhoods into lakes in America's fourth largest city, Houston.
The U.S. can produce
as much shale oil
as it wants, but its
Gulf Coast refineries are geared toward heavier kinds of crude that can easily process oil sand bitumen but aren't geared toward the lighter crude coming out of, say North Dakota's Bakken play.
A reasonable assumption,
as used by Patricia Mohr at Scotiabank, is that you can get Canadian oil to the
Gulf Coast for $ 6 to $ 8 per barrel and to the West
Coast for $ 3.50 to $ 5 per barrel.
Forecasters expect Tropical Storm Nate to strengthen
as it moves toward the U.S.
Gulf Coast.
In a joint venture with Enterprise Product Partners LP, the company will acquire and reverse an old ConocoPhillips pipeline from the
Gulf Coast of Texas to Cushing, Okla., to go into service
as soon
as next summer.
Airlines waived change fees and warned of possible flight disruptions
as a strengthening Hurricane Harvey took aim at the
Gulf Coast of Texas.
As well, Canada must make sure it can get its landlocked resources to market by building pipelines in virtually all directions — notably the Keystone XL route to the U.S.
Gulf Coast, the Northern Gateway line to the West
Coast for shipment to Asia, and the TransCanada west - to - east project to Quebec and Saint John, N.B.
That sounds reasonable,
as the
Gulf Coast is home to most of the nation's biggest refineries, many of which can process heavy Canadian crude.
The Beltran Leyva Organization, a Sinaloa cartel partner that broke away in the late 2000s, maintains a presence throughout the US, from Texas and the
Gulf coast to the Rust Belt
as well
as in Southern California.
Think of Kinder Morgan's Trans - Mountain Pipeline from Edmonton to refineries and terminals in B.C. and Washington and branch lines carrying heartland oil to the
Gulf Coast operated by Enbridge and ExxonMobil
as small leaks in the great oil dam.
Cook, who grew up in south Alabama near the
Gulf Coast and attended Auburn University, made headlines in October by coming out
as gay.
Opponents of TransCanada Corp.'s plan to pipe Alberta oilsands bitumen to the U.S.
Gulf Coast denounce it
as an environmental catastrophe in the making.
Colonial, the largest fuel pipeline system in the United States, functions
as the primary artery carrying about 3 million barrels of gasoline and other fuels daily from the
Gulf Coast to various points throughout the U.S. Southeast and East
Coast.
A day earlier the American Petroleum Institute had estimated crude oil inventories had risen for the second week in a row, by a hefty 6.18 million barrels, which was only to be expected
as the market is prepared for the Hurricane Harvey effects on
Gulf Coast refining to linger for another few weeks.
As refineries along the
Gulf Coast slowly resume normal operations, there was no surprise in this week's EIA inventory report: a build of 4.6 million barrels of crude oil.
NEW YORK, April 26 (Reuters)- Demand to ship fuel on Colonial Pipeline's Line 2, its main distillate line, has dropped to about a six - month low
as rising
Gulf Coast exports have kept barrels from being sent through the pipeline to other U.S. regions, traders said.
But thanks to the subsidy they get from Canada, refineries in Cushing often enjoy refinery margins, or crack spreads
as they're known in the industry, that have been
as much
as five times what refineries on the
Gulf Coast, which have to pay full world oil prices for their feedstock, operate with.
The oil futures editor of the service noted that «U.S. inventory data will reflect post-Hurricane Harvey adjustments for another few weeks, at a minimum,
as Gulf Coast refiners, terminals and ports continue the process of returning to normal.»
The East
Coast will start feeling the effects of Hurricane Harvey
as the gasoline supplied from the
Gulf Coast starts to dry up.
NEW YORK, April 26 Demand to ship fuel on Colonial Pipeline's Line 2, its main distillate line, has dropped to about a six - month low
as rising
Gulf Coast exports have kept barrels from being sent through the pipeline to other U.S. regions, traders said.
Awardees include projects off the Atlantic and Pacific
coasts as well
as in the Great Lakes and
Gulf of Mexico.
The American Petroleum Institute (API) reported a build of 6.181 million barrels in United States crude oil inventories, compared to analyst expectations that inventories would build by 10.1 million barrels for the week ending September 8
as many refineries in the
Gulf Coast remain offline and demand in Florida wanes in the wake of the most recent hurricane.
As shown in the figure above, over three million barrels per day of imports to the
Gulf Coast come from OPEC countries, many of which have frosty relations with the U.S..
Eagle Ford shale drillers were forced to shut in some shale output
as both the takeaway capacity (i.e., pipelines) and
Gulf Coast refineries went offline, backing up crude at the wellhead.
As the
Gulf Coast recovers from Hurricane Harvey, another major hurricane may be right around the corner, spelling further trouble for energy markets.
The southern leg of the system, known
as Marketlink, from Cushing to the US
Gulf coast was not affected.
The commercial case for the Keystone XL project, which would allow
Gulf Coast refiners to access oil from lower - priced, landlocked markets such
as Alberta, therefore, would potentially allow the U.S. to reduce their dependence on foreign oil — albeit by a small amount.
In the last year, the spread between what a barrel of oil is worth in the Midwest (called WTI — which is usually the oil price you see on the nightly news) and what it's worth either on the
Gulf Coast (LLS) or when shipped to Europe (called Brent — which is generally used
as a benchmark for world prices) has widened to historic levels.
Crude oil exports are also set to rise further, so in a global context, the U.S.
Gulf Coast has emerged
as one of the most vital energy hubs, meaning that «in some respects, it can be compared to the Strait of Hormuz in that normal operations are too important to fail,» the IEA cautioned.
Harvey has been further downgraded to a Category 1 hurricane
as it churns slowly inland from the Texas
Gulf Coast, already depositing more than 9 inches of rain in South Texas.
Their move to rail comes
as the Obama administration continues to weigh an application for the Keystone XL pipeline, which would deliver synthetic crude oil and bitumen, an oil - containing substance, from Alberta to refineries on the
Gulf Coast.
There have also been occasional naval visits
as Canadian ships en - route to deployment in the
Gulf stopped off to show the flag in Shanghai and other Chinese ports and PLA navy ships have made sporadic visits to Canada's west
coast naval base at Esquimalt, BC.
The energy markets have also been impacted, with fuel prices rising nation - wide
as refineries along the
Gulf Coast have been disrupted.
In addition, U.S.
Gulf Coast refineries that Keystone XL will feed are designed to run heavy crude, such
as Alberta's,
as opposed to the light - grade oil from the shale formations.
As a result, exports through the Trans Mountain Pipeline will likely command a lower price than exports to the U.S.
Gulf Coast refineries.
Tax reform faces an uphill battle, with an already packed legislative calendar set to become even more crowded
as lawmakers begin to address disaster relief for the Texas
Gulf Coast.
The projects we photograph are
as diverse
as their locations, from just around the corner in downtown Vancouver, to Victoria and Nanaimo, across the border in Bellingham or Seattle, or out to the
Gulf Islands, San Juan Islands, Sunshine
Coast, and remote
Coast Salish First Nations reserves.
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.
Being a resident of Katy, Texas (a suburb about 20 miles west of downtown Houston), I found myself right in the middle of Hurricane Harvey
as it made landfall on the Texas
Gulf Coast at the end of August.
As his city, state and region struggled this summer to make sense of what the
Gulf Coast oil disaster would mean, Kenneth Smith, 50, prepared to hang up his apron and move from feeding people's bellies to feeding their souls.
I just returned from another visit to the Mississippi
Gulf Coast, where gratitude is
as plentiful this Thanksgiving
as the «For Sale» signs that dot the beachfront.