Experts: State Funding a Local Issue, Too
Any statewide measure meant to generate revenue for transportation projects should include the needs of localities, according to Darren Kettle, executive director of the Ventura County Transportation Commission.
June 28, 2019Oil Reaches 5-Week High on Biggest Drop in Stockpiles Since 2016
Oil rose to a five-week high as a huge drop in U.S. crude inventories bolstered the outlook for demand. Futures in New York climbed 2.7% June 26 after the U.S. Energy Information Administration said domestic stockpiles fell by 12.8 million barrels last week.
June 26, 2019Philadelphia Refinery Wrecked by Fire Set to Close
The biggest refinery on the East Coast will shut down, after a massive explosion and fire crippled operations at a site that has helped fuel the region for 153 years.
June 26, 2019Business, Freight Stakeholders Urge Trump, Congress to Advance Infrastructure Policy
Speaker of the House Nancy Pelosi recently said that she remains committed to advancing an infrastructure policy measure that would boost jobs. She explained that such a deal could be accomplished if President Donald Trump would only negotiate with her party. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
June 25, 2019Oregon Gov. Kate Brown Expands Road-Usage Charge Program
Oregon Gov. Kate Brown has signed legislation that will expand the state’s voluntary road usage charge program, known as OReGO.
June 25, 2019Occidental Mulls Sale of Anadarko’s Western Stake
Occidental Petroleum Corp. is seeking a buyer to take majority control of Western Midstream Partners LP, the pipeline operator that it’s poised to inherit through its takeover of Anadarko Petroleum Corp., according to people familiar with the matter.
June 25, 2019Diesel Declines 2.7¢ to $3.043 a Gallon
The U.S. average retail price of diesel dropped 2.7 cents to $3.043 a gallon, the Department of Energy reported June 24. Crude oil prices jumped about 10% to more than $57 a barrel amid increased tensions in the Persian Gulf, then climbed higher later in the week.
June 24, 2019Chevron, California Bioenergy to Produce Biomethane
Chevron U.S.A. Inc. and California Bioenergy announced a joint investment in a holding company with California dairy farmers to produce and market dairy biomethane as a vehicle fuel in the state.
June 24, 2019Summer Driving Gets More Costly as East Coast Refinery Burns
Gasoline futures jumped the most in more than three months after an explosion and fire at the Philadelphia Energy Solutions oil refinery, the largest on the U.S. East Coast and a key supplier to the New York gasoline market.
June 21, 2019Crane Worldwide Logistics Opens Office in Guyana
Houston-based Crane Worldwide Logistics has opened an office in Georgetown, Guyana, expecting to cash in on a boon in offshore oil and gas production by the small country situated next to Venezuela along the northern edge of South America.
June 21, 2019