oil refineries

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Gas Prices May Cross $3 on Their Way Down

Analysts say oil will be in no hurry to go back up—barring hurricanes, heat, and international complications

(Newser) - Gas prices are dropping, and industry analysts—while warning of a big caveat—say they're on track to keep falling, possibly bringing the national average for a gallon of regular to $3 a gallon for the first time in three years. The average price at the pump has plunged...

Here's Why Gas Prices Will Probably Never Come Down

Refinery capacity is the key, and it's not going up anytime soon, writes Politico's Ben Lefebvre

(Newser) - Nothing can make or break a president’s political fortunes like the price of gasoline. As Ben Lefebvre reports for Politico, President Biden is trying to ease the pain by tapping the Strategic Petroleum Reserves, easing rules on ethanol sales, and proposing a temporary gas tax cut. Such bandages might...

Drones Set Russian Oil Refinery Ablaze
Drones Light Up
Russian Oil Refinery
Jun 22, 2022 12:14 PM CDT

Drones Light Up Russian Oil Refinery

Officials blame 'terrorist actions' across the border in Ukraine

(Newser) - Two drones allegedly controlled by Ukraine crashed into a major Russian oil and gas refinery on Wednesday, setting the place ablaze. Footage shared by Russian state media showed black smoke pouring from the Novoshakhtinsk Refinery OAO in the Rostov district, about 5 miles from the border with eastern Ukraine, as...

Harvey's Latest Victim: Largest Oil Refinery in US

Port Arthur, Texas, is 'underwater'

(Newser) - The oil and gas industry has received its hardest blow yet as a result of Harvey: After days of operating at reduced capacity, Motiva's Port Arthur oil refinery—the largest refinery in the country—was shut down early Wednesday due to "increasing local flood conditions" near the Louisiana-Texas...

US Oil Workers Launch Biggest Strike Since 1980

USW strike could hit 64% of US capacity

(Newser) - Oil workers across America started walking off the job at midnight yesterday in their first nationwide strike since Jimmy Carter was president. United Steelworkers union members are striking at nine refineries, accounting for more than 10% of US capacity, after rejecting five proposals for a new three-year contract, the BBC...

ISIS Takes Hold of Iraq's Largest Oil Refinery

Kerry promises 'intense, sustained' US support

(Newser) - After more than a week of fighting, ISIS militants say they are now fully in control of Iraq's main oil refinery. The facility at Baiji, some 155 miles north of Baghdad, supplies around a third of the country's refined fuel and the BBC notes that its capture is...

West Coast: Steel Yourself for $4-Plus Gas

5 investigations planned in California refinery blast

(Newser) - California's refinery fire could take a toll on West Coast drivers: They can expect gas prices to break $4 per gallon as soon as today, the AP reports. The refinery supplies 16% of the region's gas, and prices have already jumped from an average of $3.86 to...

Delta Buys Own Oil Refinery
 Delta Buys Own Oil Refinery 
May 1, 2012 6:36 AM CDT

Delta Buys Own Oil Refinery

Aims to shave jet fuel costs in unprecedented deal

(Newser) - Delta Air Lines is pocketing a Pennsylvania oil refinery in an industry-first move to clip its ever-burgeoning jet fuel costs, which soared to $12 billion last year. The $150 million deal—about the cost of a new jetliner, notes Reuters —is set to satisfy 80% of the airline's...

US Refineries Close, Pushing Gas Prices Higher

With crude oil so expensive, they can't make money

(Newser) - Add one more victim to the soaring price of petroleum—refineries. Yes, despite gas prices rising another 6% in February, refineries in the US Northeast are shutting down because they're losing money, reports Wall Street Journal . And with Philadelphia-based Sunoco set to close the largest refinery in the region...

US Becoming Net Fuel Exporter
 US Becoming Net Fuel Exporter 
Nov 30, 2011 8:14 AM CST

US Becoming Net Fuel Exporter

More going out than coming in for first time since 1949

(Newser) - This is going to be the first year since 1949 in which America exports more fuel than it imports, thanks to sagging demand at home and booming economies elsewhere. The US still imports around 9 million barrels of crude oil every day, but soaring exports of refined petroleum products are...

Libyan Rebels Take Crucial Port City Near Tripoli

They now control Zawiyah and its oil refinery

(Newser) - This one sounds like a serious blow to Moammar Gadhafi: Rebels have taken control of the port city of Zawiyah and its all-important oil refinery, report the New York Times and Reuters . The rebels routed Gadhafi's troops last night, evident by the uniforms seen scattered about today by deserting...

Gunmen Attack Iraq's Largest Oil Refinery

One guard killed as protests continue

(Newser) - Gunmen attacked Iraq's largest oil refinery before dawn today, killing a guard and detonating bombs that sparked a fire and forced the facility to halt operations, officials said. The attack on Beiji began at about 3:30am. Assailants carrying pistols fitted with silencers attacked guards and planted bombs near some...

Top Polluters Got Waivers, Cash for Stimulus Projects
Top Polluters Got Waivers, Cash for Stimulus Projects
investigation
Nov 29, 2010 10:11 AM CST

Top Polluters Got Waivers, Cash for Stimulus Projects

BP, DuPont escape environmental rules

(Newser) - The White House has handed wads of stimulus cash to the biggest US polluters and given them "sweeping exemptions from the most basic form of environmental oversight," finds a Center for Public Integrity investigation. Coal burners like Westar Energy and chemical maker DuPont have been among the beneficiaries...

BP to Pay Record $50M Fine Over 2005 Explosion

Blast killed 15 at Texas refinery

(Newser) - Beleaguered oil giant BP has agreed to pay a record $50.6 million fine for failing to correct safety hazards at its Texas City oil refinery after a 2005 explosion killed 15 workers. The Occupational Safety and Health Administration said it is still working to collect another $30 million from...

3 Dead, 4 Injured in Refinery Fire
 3 Dead, 4 Injured 
 in Refinery Fire 
updated
Apr 2, 2010 10:23 AM CDT

3 Dead, 4 Injured in Refinery Fire

Midnight explosion rocks plant in Washington state

(Newser) - An explosion and fire at a Washington state oil refinery shook homes and shot flames into the night sky early today, killing three people and critically injuring four others. The fire struck the Tesoro Corp. refinery in Anacortes, about 70 miles north of Seattle, at about 12:30am. The blaze...

Wandering Manatee Safe in Fla.
 Wandering Manatee Safe in Fla. 
Oct 29, 2009 1:12 PM CDT

Wandering Manatee Safe in Fla.

'Ilya' had gotten as far as CT, rescued near refinery in NJ

(Newser) - Ilya, a 10-foot, 1,100-pound manatee spotted in Connecticut waters 2 weeks ago, is safely recuperating at a Florida aquarium before being released back into the wild. Ilya was rescued 2 days ago wallowing in the warm discharge of a New Jersey oil refinery, but neither that nor his prolonged...

Oil Prices Plunge, Gas Not So Much

Refineries slashed production after demand for gas dipped

(Newser) - Gas is pumping toward $2 per gallon—a 22% increase since Dec. 30—even though oil prices have dipped 16% over the same period. What gives? When penny-pinched Americans cut back on fuel last fall, oil refineries were slow to ease production. Now they're overcompensating with production cuts to recover...

Refineries Shut as Omar Nears Virgin Islands

Hurricane could threaten Puerto Rico as Category 2

(Newser) - Caribbean oil refineries are under threat from Hurricane Omar, whose 85-mph winds roared through St. Croix today, Bloomberg reports. It could hit the Virgin Islands, home to one of the hemisphere's largest refineries, as a Category 2 storm tomorrow. Puerto Rico may be in line for 20 inches of rain...

Southeastern Gas Shortage Wreaks Havoc

Lines reach 60 cars after hurricanes disrupt supplies

(Newser) - Gas is in short supply throughout the Southeast this week after oil production was hit hard by hurricanes Gustav and Ike, the Washington Post reports. Some didn’t make it to work as gas station lines grew to 60 cars long; half the stations in Atlanta were closed. “I...

Long Lines Await Ike Survivors
Long Lines Await Ike Survivors
Sep 15, 2008 2:15 PM CDT

Long Lines Await Ike Survivors

'Eye of the aftermath' proves trying for Texas residents in need

(Newser) - With a short supply of commodities like ice and gasoline forcing Texans trying to recover from Hurricane Ike to wait in hours-long lines, President Bush warned today the storm may put "upward pressure" on US fuel prices. Refineries and oil rigs sustained extensive, though not severe, damage, the Houston ...

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