Tag Archives: gasoline

Houston’s Energy Sector Confident Of A Quick Recovery

After devastating Houston and other parts of southeast Texas and continuing on to Louisiana, the hurricane known as Harvey put a spotlight on the rising role of the Gulf of Mexico in the global energy sector. The most powerful storm to hit Texas in half a century has already resulted in reduced shale oil and gas production as well as oil refining, and higher gasoline prices. Liquefied natural gas, or LNG, exports were not significantly impacted, but the storm’s aftermath and cleanup raise questions among energy importers across the globe who eye these resources. The […]

Key US Gasoline Pipeline Hopes to Carry More Fuel By Sunday

DALLAS (AP) — A major gasoline pipeline may be able to resume shipping fuel from the Houston area by Sunday, its operator said, potentially mitigating gasoline shortages across the southern United States since Hurricane Harvey forced Gulf Coast refineries to close. But filling tanks was already becoming difficult Thursday in central Texas, where some stations were out of gas and pump costs have risen steeply. One Chevron station in downtown Dallas that sold regular gas for $2.29 a gallon just before the storm was charging $2.99 on Thursday. Others charged well over $3, and one […]

Hurricane Harvey Likely to Boost Gas Prices for US Drivers

(AP) —Hurricane Harvey is expected to hit a refinery-rich stretch of the Gulf Coast and U.S. drivers could soon see the impact at the gas pump. Some refineries are expected to shut down until the storm passes, possibly disrupting gasoline supplies. Wholesale gasoline futures rose Thursday 5 cents, or 3 percent, to $1.66 per gallon, and experts say that will quickly show up on service-station signs. “Starting (Thursday night) you could start to see the Harvey effect being factored into gas prices,” said Patrick DeHaan, an analyst with GasBuddy. “The good news is this isn’t […]

Gasoline Thieves Out of Control and Deadly in Mexico

TEPEACA, Mexico (AP) — Gasoline thieves are out of control in Mexico, tapping into pipelines in broad daylight often with the support of local townsfolks and under the noses of authorities. The growing and lucrative form of organized crime has become a blood trade with deadly shootouts, murders and deadly fireballs. Parts of central Mexico have turned into Mad Max-scapes of burned-out abandoned vehicles, vans hollowed out to hold giant tanks and trucks converted into homemade armored cars. It is an industrial-scale operation, involving a string of villages and hamlets along pipeline routes. The government […]

Largest East Coast Pipeline Reveals Demand For Gasoline Is Crashing

There’s a reason this week’s EIA survey showing gasoline and oil supplies declining has failed to stop RBOB prices from collapsing to 7-month lows: The start of the summer has done nothing to revive sluggish demand. That’s because despite what the EIA survey said, little has been done to reduce record fuel inventories. The squeeze has gotten so bad, Northeast Colonial Pipeline Co., the operator of the biggest US fuel pipeline system, said that demand to transport gasoline to the country’s populous northeast is the weakest in six years, the latest symptom of a global […]

Mexico Closes 7 Gas Stations Allegedly Selling Stolen Fuel

MEXICO CITY (AP) — Mexico closed seven service stations Thursday for allegedly selling gasoline and diesel stolen from state-run pipelines, the first confirmation that large amounts of fuel siphoned from illegal pipeline taps are being sold through officially sanctioned gas stations. An official of the state-run Pemex oil company said authorities had caught red-handed such sales at a total of 14 stations — seven in Puebla, one of the states hit hardest by pipelines thefts, and seven elsewhere in Mexico. The official didn’t say why only seven had been shut down. The thefts were especially […]

Hearings Set on Proposed Pipeline Upgrade in North Dakota

BISMARCK, N.D. (AP) — North Dakota regulators have set two public hearings on a proposed upgrade of a segment of a gasoline and diesel pipeline that runs from eastern Montana to Fargo. The Bismarck Tribune reports (http://bit.ly/2pCCbQz ) that Laurel, Montana based-Cenex Pipeline says the proposed $115 million upgrade is needed to keep pace with increased demand for refined fuels in North Dakota and western Minnesota. The company wants to expand the line from 8 inches in diameter to 10 inches. The North Dakota section under review begins near Williston and ends at an existing […]

Owner Won’t Reopen Fuel Pipeline in Northeast Wisconsin

MADISON, Wis. (AP) — Gov. Scott Walker’s administration says the owner of a fuel pipeline that had served northeastern Wisconsin until it shut down in March 2016 will not be reopened. The Department of Administration said Friday that the West Shore Pipeline Company has notified the state that it will not replace the aging pipeline used to transport gasoline and diesel fuel. The 56-year-old, 110-mile-long pipeline runs from north of Milwaukee to Green Bay. Since its closure, the state has worked with local officials and industry leaders to get fuel to that part of Wisconsin. […]

Pipeline Reopens Near Chattanooga After Gasoline Leak

CHATTANOOGA, Tenn. (AP) — A pipeline in Chattanooga has reopened less than a week after it was closed because of a gasoline leak. Colonial Pipeline spokesman Aaron Smith tells news outlets that the affected portion near Signal Mountain was repaired Thursday night and service to the line has been restored. It had been closed after a resident on Saturday reported smelling gasoline. The pipeline carries petroleum products through Chattanooga to Nashville. Officials estimate that about 630 gallons of gasoline leaked near Shoal Creek. Environmental Protection Agency spokesman Jason McDonald says the gas never reached the […]

Colonial’s Gas Line Back in Service

HELENA, Ala. (AP) — A gas pipeline that exploded in Alabama last week is back in service, the pipeline company said Sunday. Service was restarted at 5:45 a.m. Sunday on the pipeline that transports gasoline from the Gulf Coast to New York City, according to Colonial Pipeline Co. The pipeline exploded Monday while a crew was making repairs related to a September gas spill, killing one person and injuring four others. It may take several days for the fuel delivery supply chain to return to normal after the service restoration, the company said. Government officials […]

Update: Company Aims to Restart Gas Pipeline This Weekend

HELENA, Ala. (AP) — Executives at a pipeline company say their goal is to restart the line as early as this weekend after an explosion and fire shut down gasoline shipments to millions across the South. The deadly explosion sparked a geyser of fire Monday and closed off the vital pipeline, raising fears of another round of gas shortages and price increases. It’s Colonial Pipeline’s second accident and shutdown in two months. Continuing fires in the drought-stricken area of central Alabama hampered officials’ efforts to fully assess the damage Tuesday afternoon, and firefighters built an […]

Cause of Colonial Pipeline Explosion Revealed

HELENA, Ala. (AP) —  A federal agency that regulates pipelines says contractors were working on repairs stemming from a September leak when gasoline ignited and spread fire to the Colonial pipeline in Alabama. Colonial Pipeline executive Gerald Beck said a nine-man crew was using a track hoe to excavate the pipeline as part of preparation work so permanent repairs of the September leak could be made. Beck said the track hoe — a large piece of heavy equipment — struck the pipeline, causing the explosion Monday. At a Tuesday afternoon news conference, Colonial spokesman Bill […]