Tag: gulf coast

US exporting a ‘tidal wave’ of gasoline, other fuels

U.S. refiners are sending a “tidal wave” of gasoline, diesel and other refined products onto the world market, taking advantage of the surge in domestic oil development that has helped drive Gulf Coast crude stockpiles to record levels, according to a new report.  More »

Labor shortage threatens to bust shale boom

Labor shortages, causing delays in construction, threaten to slow the Gulf Coast energy boom and push back the date when the country can meet its own energy needs, estimated by BP Plc to be in 2035.  More »

Coast Guard: Gulf Coast cleanup efforts ‘far from over’

The Coast Guard is crying foul at BP’s statement this week that active cleanup efforts to remove oil along the Gulf Coast shorelines have ended.  More »

Keystone opponents carve anti-pipeline message into field

Opponents of a proposed pipeline that would carry oil from Canada south to the Gulf Coast have stamped a massive message of resistance into a Nebraska field that is in the project’s path.  More »

Houston fills with crude oil that can’t be shipped out

Houston and the rest of the U.S. Gulf Coast have more crude oil than the region can handle. Storage tanks are filling as new pipelines carry light, sweet oil found in shale formations to the coast and U.S. law keeps companies from moving it out.  More »

Moody’s: New Chinese plants could hamper global refining earnings

Cheap natural gas and oil supplies will give Gulf Coast refiners an edge in global markets, but over the next two years new plants coming online in China and the Middle East are poised to dampen worldwide demand for refined products like gasoline, according to a report released Monday.  More »

Gas boom creates chemical bond between Gulf Coast, foreign firms

Foreign companies are making big bets on the Gulf Coast petrochemical corridor, where capital investment is surging because of cheap U.S. natural gas, other lower costs and the existing industry infrastructure.  More »

Panel: Colliding well bores, export ban threaten booming US drilling

In the past two years, souped-up rigs have spun wells into U.S. soil faster than ever, but limited water supplies and other looming challenges threaten to constrain future drilling investments, industry observers said Wednesday.  More »

Keystone XL southern leg having major effect on US oil hub

The southern leg of the Keystone XL pipeline has drained supplies of oil at the hub of Cushing, Okla., to their lowest levels in more than two years, according to a federal report released Tuesday.  More »

Jury to weigh billion-dollar pipeline case

A dozen jurors start Monday deliberating the billion-dollar dispute among three giant oil and gas companies over a joint effort to build a pipeline from Cushing, Okla. to the Gulf Coast.  More »

Asia eyes US natural gas as Louisiana shale profits taper

As early as next year, cargoes of liquefied natural gas shipped from Gulf Coast terminals to fast-growing Asian countries will propel the region into the ranks of global gas exporters such as Qatar and Australia for the first time.  More »

Gulf Coast’s industrial boom strains labor pool

Companies developing multibillion-dollar Gulf Coast plants to export cheap domestic natural gas or make things with it are encountering a harsh reality: There aren’t enough skilled hands to do all that building.  More »
Page 1 of 612345...Last »