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The use of LNG and compressed natural gas — another new CNG fueling station opened Thursday in Houston — in commercial vehicles has rapidly expanded because of the nation’s cheap and bountiful supply of natural gas.
Santa Barbara County planners are expected to decide in about a week whether to grant Exxon Mobil Corp.’s latest request to use trucks to move more than 17 million gallons of oil stranded in storage after the pipeline shut down in May after the break.
Crude oil exports began at the very end of 2015 shortly after Congress voted to end the 40-year ban.
San Antonio-based NuStar Energy is loading the oil cargo on New Year’s Eve at its dock at the Port of Christi.
Enterprise Products Partners says the shipment will be the first export of domestic crude from the Gulf Coast in four decades.
The project is supported by 250 miles of new pipelines and a multimillion-barrel storage cavern complex.
Gasoline costs also could continue to come down through December, according to GasBuddy, which noted that prices don’t always spike during busy driving weeks.
The national average for gasoline is a bit higher at $2.19 a gallon, but that amount still dropped by six cents in the last week.
Construction recently began for a new hydrotreater at the Lake Charles Refinery to meet federal Tier 3 standards for lower sulfur content in gasoline for the beginning of 2017.
The consequences could be steep for the oil and gas industry, which increasingly turned to rail during a domestic drilling boom to move crude and refined petroleum products across North America.