Sentences with phrase «oil transportation»
We have taken the early lead in issues such as crude - oil transportation by rail and white - nose syndrome, both of which have become subjects of national focus and concern.
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Critics of crude oil transportation by rail are in pro-active mode when it comes to disaster preparedness.
Pilgrim officials contend the pipeline it will take the burden of oil transportation off the Hudson River and state that the «terminals in the Port of Albany are licensed to handle 2.8 billion gallons of crude oil» annually.
Represented Hosco, Inc. and its affiliates in the sale of a crude oil transportation business to Holly Transportation, LLC, an affiliate of HollyFrontier.
Lewenza recommends buying stocks in integrated companies — those that both produce and refine oil, so that one part of the business is essentially benefiting from the misfortune of the other — as well as in oil transportation, such as pipeline companies.
A New York state Senator is the latest lawmaker urging the federal government to take action on oil transportation along the Hudson River.
As the North American oil transportation system continues to evolve, with new pipelines, reversals of existing lines and a growing role for oil - by - rail, what is clear is that the North American oil market will eventually settle into a new era of pricing relationships which will be very different than those which prevailed prior to 2008.
Past CEO Hal Kvisle and his successor, Russ Girling, have since diversified into oil transportation and power generation.
And, it is entering the highly lucrative oil transportation space, which is the main reason why Kinder Morgan shareholders have reaped 20 % annual returns since 1997.
Gunton concludes: «By evaluating each project separately without assessing the overall supply and demand for oil transportation, the NEB and the Canadian government may have created the conditions for a costly mistake of unprecedented proportions.
With the potential for the Hudson River to become a major oil transportation corridor, there's concern from environmentalists as to how complicated cleaning up a spill on the river would be.
Albany officials have made their presence felt as the area has become a virtual oil transportation capital.
Albany County hasn't had a major oil train disaster, but County Executive Dan McCoy, erring on the side of «safe, not sorry» called a community «Crude Oil Transportation Summit» to brainstorm and compare notes with officials who have had to deal with such calamities.
He also likes Canadian heavy oil producers, which he says should benefit when oil transportation bottlenecks start to get sorted out.
Pipeline construction could continue to accelerate beyond the Keystone XL with concerns around the safety of continue to grow rail based oil transportation.
If we were to reduce demand in Canada, let's say by all deciding to cycle to work, there would suddenly be a bunch of new oil on the global market (oil transportation limitations notwithstanding).
There are plenty of good reasons to oppose plans to build coal and oil transportation depots throughout our region: oil trains derail and cause disasters, crowds of tankers would threaten spills in the Salish Sea and communities would be bisected by staggering increases in rail traffic — all so we can lock in even more dependence on polluting fossil fuels.
The Government may argue that climate change impacts of oil transportation projects are not relevant to National Energy Board (NEB) hearings, because these effects are not the direct and local environmental effects of the pipelines and tankers themselves.
If these global - warmists are are serious about saving the Earth wouldn't they want the safest new pipelines possible and stop oil transportation by rail.
CANADA - Wolf Midstream Inc (Wolf) agreed to acquire the remaining 50 % interest, which it did not already own, in Access Pipeline Inc, a Calgary - based owner and operator of heavy oil transportation pipeline, jointly owned by MEG Energy Corp (MEG)...
And they warn that investing billions of dollars in oil transportation will lock the U.S. into continued dependency on an increasingly heavy type of imported crude that will drive up emissions both from the foreign producer and the domestic refiner.
Schneiderman is part of a six - state coalition of attorneys general that back the effort to curtail crude oil transportation by rail, cracking down on what activists have called «bomb trains» that can travel up to 700 miles in the stte.
He said the pipeline would not reduce the controversial shipment of Bakken oil by rail or barge, adding that statistics from the Federal Pipeline and Hazardous Materials Safety Administration showed that pipelines had a higher spill rate per mile than any other form of oil transportation.
New York State Democratic Senator Terry Gipson has penned a letter to federal representatives urging the federal government to take action to protect communities, the environment, and the local economy from the ongoing risks of crude oil transportation on railways, specifically along the Hudson River.
Oil transportation by rail has grown astronomically, to about 140,000 carloads of crude in 2013 from 500 carloads in 2009, according to the Railway Association of Canada.
If you're in the oil transportation business, these are negative impacts, whether you move oil by rail or by pipeline.
In the case of an oil spill cleanup, the costs are likely to be directly incurred by an insurance company, but the premiums paid for that insurance come at the expense of the value of the oil transportation service — the higher the expected clean - up costs from oil spills, the higher insurance premiums will be, and this will mean higher pipeline tolls, which in turn implies lower profits, taxes, and royalties on the products shipped.
Advocates for the Great Lakes are meeting in Washington, D.C., this week to push for continued funding of cleanup programs and discuss water quality issues such as algae blooms and oil transportation.
Another oil transportation company, Buckeye Partners, has state permission to move an additional 1 billion gallons a year.
Global and another oil transportation company, Buckeye Partners, have state permission to move 2.8 billion gallons of crude through Albany annually.
The Cuomo administration has allowed the oil transportation companies to increase the amount of crude they bring through Albany.
While Quigley has been one of the people who have stated the project could reduce risks of other forms of oil transportation he acknowledged that opponents have stated valid concerns over the lead agency role.
Pilot testing will begin in January 2015 and will initially focus on the safety of crude oil transportation by rail.
If you're in the oil transportation business, these are negative impacts, whether you move oil by rail or by pipeline.
This includes acquisition of upstream assets and operational oil and gas field businesses; negotiation of joint operating agreements, farm - in and farm - out agreements, gas and oil supply arrangements, liquefied natural gas (LNG) off - take agreements, LNG and oil project development, including gas and oil transportation and pipeline arrangements, and petroleum product supplies.