On Thursday, Energy Sec. Jennifer Granholm will hold a meeting with leaders in the petroleum refining sector as prices at the pump recently hit a record high of $5 per gallon. The meeting comes on the heels of President’s Biden letter to energy companies demanding they ramp up refining capacity that, as Energy In Depth
Read More...Natural Gas – 100 Years Ago Today, June 17, 1922! Tom Shepstone Shepstone Management Company, Inc. …. …. Natural gas news from a hundred years ago offers great perspective for discussing one of the cleanest sources of energy available then and still today. I thought it might be fun and illuminating to look back 100
Read More...Tom ShepstoneShepstone Management Company, Inc. . … The Philadelphia refinery sale proposed by the debtor makes no sense and unsecured creditors are calling out what may be some serious corruption. I wrote about the proposed bankruptcy sale of a Philadelphia refinery the other day noting things seemed awfully fishy. But, now the rot is becoming
Read More...U.S. gross inputs to refineries, aka, refinery runs, have increased each year since 2009, most recently reaching a record high of 17.3 million barrels per day (Mmbpd) in 2018, Kallanish Energy reports. However, based on its monthly refinery run data through May and forecast for the remainder of 2019, the U.S. Energy Information Administration expects
Read More...Oil supermajor Chevron’s Chevron U.S.A. unit said it’s completed the $350 million buy from Petrobras America of all outstanding shares and equity interests of Pasadena Refining System (Prsi) and Prsi Trading, Kallanish Energy reports. Prsi’s 466-acre complex in Pasadena, Texas (near Houston), adds a second refinery to Chevron USA’s Gulf Coast downstream business, which also
Read More...An environmental group is taking its battle against an oil refinery being developed near Theodore Roosevelt National Park to the North Dakota Supreme Court. The National Parks Conservation Association (Npca) argued in its filing an air quality permit issued by the state Health Department for the $800 million Davis Refinery and upheld by a state
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