Crude Oil Caps Biggest Weekly Increase In Two Years On Libya Unrest

Crude inventories at their highest level in decades after another build

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Total crude oil inventories now stand at 444.4 million barrels, a modern-era high.
Secretary of Agriculture Tom Vilsack, right, speaks during a news conference at the Iowa Choice Harvest in August 2014. (AP Photo/Charlie Neibergall)

Vilsack Q&A: Biofuels have a ‘bright’ future

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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.
An aerial view of the Cameron LNG terminal in Hackberry, La. Sempra Energy is the majority owner of Cameron LNG. (Photo: Cameron LNG)

Cameron LNG applies for approval of project expansion

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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.
United Steel Workers Local 13-227 members, employed by LyondellBasell Industries Houston, hold a strike claiming unfair labor practices at the oil refinery plant Monday, Feb. 2, 2015, in Pasadena, Texas. (Gary Coronado/Houston Chronicle)

Union is striking for safety, Steelworkers’ international head says

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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.
(Photo: Thomas B. Shea/For the Chronicle)

Steelworkers picket outside two Louisiana refineries

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NOLA.com/The Times-Picayune reports that strikers marched Sunday outside the Motiva plants in Norco and Convent.
USW Strike Sign

No new talks set between Shell, Steelworkers

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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.”
A striking United Steelworker Union member picketing outside the the Shell Deer Park Refinery Sunday, Feb. 1, 2015, the fist day of the strike.
( James Nielsen / Houston Chronicle )

Shell reveals what it says is the sticking point in labor talks

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The central issue blocking a settlement is not safety, fatigue, healthcare or wages, the statement said.
At the Motiva Port Arthur refinery on Saturday, Feb. 21, 2015.  (Mike Tobias/The Enterprise)

Steelworkers strike expands to Port Arthur and beyond

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The United Steelworkers union has expanded its strike to the Motiva Enterprises refinery in Port Arthur.
Dave Washington, left, Bobbie Thompson, and Kevin Hyde, United Steel Workers Local 13-227 members, employed by LyondellBasell Industries Houston, hold a strike claiming unfair labor practices at the oil refinery plant Monday, Feb. 2, 2015, in Pasadena, Texas. (Gary Coronado/Houston Chronicle)

Steelworker strike: Talks ongoing as tensions mount on picket line

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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.
A very large smokestack flare burns off flammable product after an explosion in a processing facility at the ExxonMobil refinery in Torrance, Calif. on Wednesday, Feb. 18, 2015. A small ground fire was quickly extinguished and the facility's flare system was triggered for safety reasons. Two workers suffered minor injuries. (AP Photo/Daily Breeze, Chuck Bennett)

Exxon refinery unit in California down for maintenance before fire

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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.