Category: Transportation

Holiday drivers closest to paying $3 gasoline in 4 years

With deep declines expected in gasoline prices this holiday season, Thanksgiving drivers should have one less thing to worry about on the busiest travel day of the year.  More »

Missing Vietnamese tanker likely captured by pirates

If confirmed, it would be the 12th such case of piracy since April in Southeast Asia, where tankers have been hijacked, cargo stolen and later released.  More »

New pipelines threaten U.S. Gulf Coast oil premium

U.S. Gulf crude is set to drop below international prices, after trading at a premium for the longest stretch in a year, as new pipelines bring additional supplies to the region.  More »

Enterprise Products proposes $6B buyout of crude transporter Oiltanking

Enterprise Product Partners said Wednesday that it had acquired the general partner of Houston-based crude transporter and also proposed a merger for a total $6 billion deal.  More »

Total to sell stake in Utica midstream business for $450 million

A day after revealing plans to sell $10 billion in assets by 2017, French oil giant Total announces plans to sell its stake in a Utica Shale project.  More »

Former Shell Co. head says we should use less gasoline

John Hofmeister, former CEO of Shell Oil Co., described his vision for reducing our use of gasoline in transportation fuel.  More »

Cone Midstream Partners launches IPO

Cone Midstream Partners L.P., a master limited partnership formed by Consol Energy and Noble Energy, announced Wednesday it will offer 17.5 million common units for sale to the public.  More »

Enbridge to shift $900 million pipeline segment to Houston affiliate

Enbridge Inc. has announced a $900 million deal shifting its 66.7 percent interest in the U.S. segment of the Alberta Clipper Pipeline to its Houston-based affiliate, Enbridge Energy Partners L.P.  More »

Electric vehicles are getting cleaner, group says

Most Americans now live in regions where electric vehicles produce fewer greenhouse gas emissions than the most efficient hybrid cars, according to a new analysis.  More »

Crude oil rides Texas’ rails with little tracking

For generations of producers drillers in Texas, where a vast pipeline system has grown with the fits and starts of the oil industry’s notorious business cycle, railroads provided little more than a relatively expensive last resort. But in the boom associated with the hydraulic fracturing, producers increasingly enlist trains to handle the glut.  More »

Forecast: cheapest Labor Day gasoline since 2010

Drivers hitting the roads during the upcoming holiday weekend will likely encounter good news: the cheapest Labor Day weekend gasoline prices since 2010.  More »

Companies take a big step toward LNG export plant in Louisiana

Sempra Energy, GDF Suez and other investors have made a final decision to move forward with a liquefied natural gas export plant in Hackberry, La.  More »

Electric cars eventually could tie up grid traffic

Utilities and automakers are looking to a time when electric cars become more common and might strain electric grid capacity.  More »

Gasoline prices hit lowest Aug. 1 price in four years.

Drivers across the country are experiencing their lowest Aug. 1 gasoline prices in four years as traders’ concerns about instability in Iraq and Ukraine start to ease, analysts at GasBuddy said.  More »

Northern Courier Approval Highlights Pipeline Politics

In stark contrast to the continuing delay of the Keystone XL pipeline project, Trans Canada’s Northern Courier pipeline project has gone from initial application to regulatory approval in a mere 16 months. The Northern Courier project is actually two parallel pipelines, one to carry bitumen and another to carry diluent from the Fort Hills mine […]  More »
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