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Energy Collective

The US is an Active Participant in Petroleum Markets as Both an Importer and Exporter
Energy Collective
Since then, crude oil imports have increased slightly, most recently averaging 7.9 million b/d in 2017. Most of the reduction in imports was light, sweet crude oil, as those barrels were replaced by domestic production of a similar quality. Crude oil ...

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GoDanRiver.com

Spring sticker shock at the pump
GoDanRiver.com
At the close of trading Friday, West Texas Intermediate crude oil settled at $68.40 per barrel, up $1.01 from the previous week. The price of crude oil rose above $68 a barrel on Wednesday for the first time since 2015, fueled by strong demand for ...

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Canada: $150K fine for improper storage of petroleum products
HazMat Management Magazine
It could be a sign of a toughening of enforcement in Canada. A company in Saskatchewan was recently fined $150,000 for improper storage of petroleum hydrocarbons under the Storage Tank Systems for Petroleum Products and Allied Petroleum Products ...



Bloomberg

Trump's Oil Rant Misses New Reality: High Prices Can Help, Too
Bloomberg
In recent years, American reliance on foreign petroleum has dropped. The country's trade deficit for petroleum products was $7.35 billion in February, compared with $41.8 billion in July 2008, the biggest in data back to 1994. “Historically, lower oil ...
Oil Futures End Choppy Session HigherDTN The Progressive Farmer (blog)

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CNN

Why Kim Jong Un came in from the cold: 3 theories
CNN
Pyongyang knows that at any time China can cut off delivery of free crude oil, causing inflation to soar. Kim is not stupid enough to risk this, and must come to the table. This gives the US an opportunity to create major systemic change in North Korea ...

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Kyiv Post

Trade commission denies Kolomoisky's Ukrtatnafta request to limit petrol imports
Kyiv Post
Ukrtatnafta, co-owned by the state oil and gas company Naftogaz (43 percent) and oligarch Ihor Kolomoisky's Privat Group, operates the largest of two existing oil refineries in the country. The company asked the government to support it as a national ...



Oil & Gas 360

Refined Products Are the Silent Majority of US Petroleum Exports
Oil & Gas 360
The export market for hydrocarbon shipments is currently experiencing a seismic shift, as crude oil and liquefied natural gas (LNG) begin to move overseas in volumes the industry has never seen. U.S. exports of petroleum products have not seen major ...



KTNV Las Vegas (blog)

Las Vegas breaking news for April 22, 2018
KTNV Las Vegas (blog)
F3H 1407 Western Ave, Silver State Petroleum Products OUTSIDE fire behind bldg along railroad tracks - bulk of fire is OUT, lots of smoke, checking nearby Bldgs for any extension - NO extension found. No inj's reported. #PIO1News. — Las Vegas ...



Kurdistan24

Iraq temporarily self-sufficient in fuel for first time since fall of Saddam
Kurdistan24
Luaibi explained that the Ministry is hoping to achieve full self-sufficiency for kerosene and reduce the amount of petroleum product imports by more than 50 percent, depending on consumption determined by the Ministry of Electricity. Last month, the ...



Land Line Magazine

Truckers hauling certain petroleum products exempt from 30-minute rest break rule
Land Line Magazine
Another segment of the trucking industry has been granted an exemption to part of the hours of service regulations. This time, the Federal Motor Carrier Safety Administration approved a 30-minute rest break exemption for some tanker truckers ...

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