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Texarkana has the cheapest gasoline in Texas this week at an average $1.59 per gallon. Drivers in El Paso are paying the most statewide at $1.71 per gallon.
State-run National Oil Corporation’s spokesman, Mohammed al-Hariri, and Osama al-Hadairi, the spokesman for the oil facilities’ security unit, say the attack took place early Wednesday.
In September 2004, waves whipped up by Hurricane Ivan triggered an underwater mudslide, which toppled a Taylor Energy-owned platform and buried a cluster of its oil wells under mounds of sediment.
Benchmark U.S. crude for March delivery was down 87 cents, or 3.1 percent, at $27.59 per barrel in electronic trading on the New York Mercantile Exchange.
The Louisiana Workforce Commission tells The Advocate the layoffs at the facility started Monday.
North Dakota Petroleum Council President Ron Ness said if sour crude prices were to hold at just a couple of dollars a barrel, the wells will likely be shut down until prices rebound.
The burn-off plan is being abandoned over fears that it could not be done safely, SoCalGas, which is owned by Sempra Energy, said in a statement.
The quakes, which have been mostly small to medium sized, have caused limited damage, and no one foresees anything like the massive damage and deaths in the famous quakes in California, seismologists say.
The U.N. nuclear agency certified Saturday that Iran has met all of its commitments under last summer’s agreement, prompting the lifting of sanctions.
Berkshire filed documents with the Securities and Exchange Commission on Friday that disclosed purchases of another 1.6 million Phillips 66 shares.