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Total crude oil inventories now stand at 444.4 million barrels, a modern-era high.
Agriculture Secretary Tom Vilsack sees big opportunities for biofuels in foreign markets and fueling airlines — especially if the sector beats back stiff oil industry opposition.
The project is among several proposals to tap into ample supplies of gas from shale rock in the U.S. and an extensive pipeline network to meet demand from Japan, South Korea and other LNG importers.
Improving health and safety at the nation’s refineries is the reason the United Steelworkers union is on strike, said Leo W. Gerard, international president of the union that has walked out of 15 refineries and chemical plants since launching its strike Feb. 1.
NOLA.com/The Times-Picayune reports that strikers marched Sunday outside the Motiva plants in Norco and Convent.
In a negotiations update Sunday, Steelworkers officials countered that oil industry negotiators refuse to address “well-documented and widespread safety deficiencies,” and “reject our efforts to reduce excessive overtime.”
The central issue blocking a settlement is not safety, fatigue, healthcare or wages, the statement said.
The United Steelworkers union has expanded its strike to the Motiva Enterprises refinery in Port Arthur.
The Houston Police Department was investigating whether an unidentified off-duty officer who works for another law enforcement agency threatened to shoot picketers early Friday morning, HPD public information officer Jodi Silva said.
The Oil Price Information Service, which tracks the oil industry, said Thursday the unit was down for two days after problems with a recently repaired component within it.