Tag: east coast

New York gasoline strengthens on East Coast supply drop

Spot gasoline in New York Harbor strengthened against futures after the Energy Information Administration reported the largest drop in East Coast stockpiles of the fuel since November.  More »

Governors send welcome note to Interior nominee: Open Atlantic for drilling

President Barack Obama’s new Interior Secretary nominee hasn’t been confirmed by the Senate yet — much less sworn in — but she’s already facing pressure to expand offshore drilling.  More »

Enbridge talking with Valero on East Coast pipeline reversal

Enbridge Inc., Canada’s largest pipeline owner, is in talks with Valero Energy Corp. and other refiners about reversing the flow of a pipeline to ship Canadian crude to the U.S. East Coast, said Chief Executive Officer Patrick Daniel.  More »

Refineries likely to shut as Hurricane Irene nears

East Coast refineries are likely to close in advance of Hurricane Irene’s arrival this weekend, analysts say. The shutdowns are already boosting gasoline prices.  More »

U.S. nuclear industry tested by two threats

Nuclear plants from North Carolina to Michigan are under increased scrutiny after a 5.8 magnitude earthquake rocked the East Coast.  More »