Keyword: refineries
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The USA has called for Ukraine not to attack Russian refineries despite Russia's widespread offensive against several energy facilities in Ukraine. The Department of Defense has warned that such an attack could bring another spike in fuel prices worldwide. Michaelo Podoliak, advisor to Ukrainian president Volodymyr Zelenskyy, claimed that such facilities were legitimate military targets. In a recent interview, he also claimed that such an attack was not only legitimate but desirable on a worldwide level in order to weaken Russia's hold on the energy lobby. “Ukraine must destroy Russia's refineries. They have no impact on worldwide pricing, and are...
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A breakthrough moment for sustainable aviation fuel / Depositphotos A simple, cheap pretreatment promises to radically cut the price of sustainable aviation fuel (SAF) made from waste wood biomass – potentially making it cost-competitive with fossil-based jet fuel, while cutting down emissions by up to 80%. SAF isn't a perfect green solution to aviation – indeed, no perfect solution exists at this point. Running SAF instead of jet fuel still produces carbon dioxide – but it's a higher-purity fuel, producing up to 3% more energy while burning cleaner, with heavily reduced sulfur and particulate emissions. It eliminates the entire emissions...
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PART 2 OF 3. The Hunter Biden Files Hunter Biden and his business partners were involved in discussions about possible deals in dozens of foreign countries, often corrupt backwaters, at times invoking official channels like ambassadors, emails reviewed by The Daily Wire show. While most attention has focused on Ukraine, where a gas company paid the now-president’s son tens of thousands of dollars a month while he was in deep crack addiction, and China, Hunter and his partners at a consultancy called Rosemont Seneca were eager to do business in a vast array of other places. The map below highlights...
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America’s “inability to build things” is crippling it, the economics writer Noah Smith wrote in a blog published on Monday. The “things” he’s referring to are housing, transit, solar power, transmission lines, semiconductor production, you name it. They’re being stalled because of permitting and development rules in particular but the NIMBY (or “not-in-my-backyard”) crew in general. Smith is a well-known economics commentator, but his “bit of a rant” struck a chord with many on Twitter, including its CEO, Elon Musk. Smith’s blog post, on his personal Substack, stresses that America used to be unwilling to spend on building things, but...
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Former President Donald Trump detailed his plan for “reclaiming American energy dominance” and creating the “power plants, pipelines, grids, ports, refineries, and shipping terminals of tomorrow” in his latest campaign ad video shared exclusively with Breitbart News.Trump, who remains the lone candidate in the 2024 presidential primary field, pledged to “bring back a pro-American energy policy at long last” if he is elected to the Oval Office, unveiling his plan to de-regulate the industry, once again exit the Paris Climate Accords, and “rapidly” approve “worthy” domestic energy infrastructure projects to lower prices and create jobs for Americans:I will deploy a...
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U.S. energy executives told Jennifer Granholm that shuttered crude oil refineries won’t restart, Valero’s Chief Executive Joe Gorder said on Tuesday. The comments were made to the U.S. Energy Secretary at a recent White House meeting with energy executives, Reuters reported on Tuesday. “The one interesting thing that came out of it, too, was there was consideration for the ability to restart refining capacity that had been shut down, and I think the general sentiment was that wasn’t going to happen,” Gorder said. Limited U.S. refinery capacity—and perhaps more critically, refinery capacity in specific U.S. geographic areas, known as PADDs—has...
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California Gov. Gavin Newsom allowed local refineries to produce their “winter blend” of gasoline a month early in a bid to reduce gas prices, which have soared back to near-record levels even as prices in the rest of the country have slowly fallen from their peak. The move repeats a similar effort by Gov. Jerry Brown ten years ago, and is an admission that the state’s environmental regulations are partially to blame for the fact that California has higher prices than the rest of the country — more than $2.50 higher, as of today.
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Rosneft Germany will be placed under ‘trustee administration’ Germany has today announced it is taking control of three Russian-owned refineries. The Federal Network Agency, the German electricity and gas regulator has said it has been appointed fiduciary of Berlin-based Rosneft Deutschland GmbH and RN Refining & Marketing GmbH. It has been reported that the decision has been to help the country secure energy supply ahead of a predicted ‘tough’ winter. Germany’s regulator said: “The fiduciary management, ordered on the basis of the Energy Security Act, means that the original owner no longer has authority to issue instructions. “The fiduciary is...
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In 2007, the U.S. Congress mandated the blending of biofuels such as corn-based ethanol into gasoline. One of the top goals: reducing greenhouse gas emissions. But today, the nation´s ethanol plants produce more than double the climate-damaging pollution, per gallon of fuel production capacity, than the nation´s oil refineries, according to a Reuters analysis of federal data. The average ethanol plant chuffed out 1,187 metric tons of carbon emissions per million gallons of fuel capacity in 2020, the latest year data is available. The average oil refinery, by contrast, produced 533 metric tons of carbon. The ethanol plants´ high emissions...
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The Department of Transportation declared a regional emergency Saturday affecting four Midwest states after a fire earlier this week caused an “unanticipated shutdown” of a BP oil refinery in Indiana. BP Whiting, the sixth largest refinery in the U.S. refining over 400,000 barrels of oil per day, shut down to undergo damage assessment after a fire knocked out the plant’s electrical power and cooling water systems on Wednesday, Reuters reported. The shutdown caused the federal government to take action and address the looming shortage of fuel output that will affect Illinois, Indiana, Michigan, and Wisconsin, states that collectively receive up...
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Some of the Democrats who have been spiking the ball in the end zone after the passage of the so-called “Inflation Reduction Act” probably didn’t read all of the finer details in the bill. They’ve been celebrating its passage along with Joe Biden as the “biggest climate legislation” to ever be passed. They have also been grudgingly thanking West Virginia Democrat Joe Manchin for getting the bill over the finish line. But it turns out that Manchin snuck in a few items that haven’t drawn many headlines yet and the climate warriors aren’t going to be very happy about them....
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The data shows that there were 4,082,478,000 barrels of crude oil produced in 2021, an amount that is greater than any time in American history, except 2020 and the peak in 2019. 2017: 3,415,257,000 Barrels of Crude Oil2018: 3,993,288,000 Barrels of Crude Oil2019: 4,485,635,000 Barrels of Crude Oil2020: 4,129,563,000 Barrels of Crude Oil2021: 4,082,478,000 Barrels of Crude Oil (https://www.wusa9.com/article/news/verify/united-states-produces-more-oil-than-any-other-country-fact-check-russia-impact-on-gas-prices/65-7814c6e2-5437-4201-b021-face477e5462) Despite this drop from 2019's peak, the levels of production in 2021 were unmatched globally. "The United States is the number one oil producer in the world," Weiner said. "We produce more oil and gas than any other country in the...
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On Thursday’s broadcast of MSNBC’s “Morning Joe,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, stated that there is a bit of “schizophrenia” in our energy policy where “We’ve been discouraging oil companies from maintaining refineries or opening new ones. Because we theoretically are going to transition away from gasoline.” But the problem is, there was a “misjudgment as to how long of a transition it was going to be and what we needed to do to make the transition work.” Rattner stated that “refining capacity has gone down” due to refineries shutting down...
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Wednesday on MSNBC’s “Morning Joe,” Energy Secretary Jennifer Granholm pushed back against the notion that there were too many regulations on oil refineries, and that was behind the lack of production. Host Joe Scarborough asked Granholm if President Joe Biden should “level with the American people” and admit that overregulation was an issue.
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U.S. petroleum refining capacity has declined and few plants have been built thanks to the projected decline in fuel demand and increased burdensome regulations. “There was already some contraction happening in the industry as a result of projected declines in U.S. gasoline demand into the future and companies just deciding that the assets were better used as other projects or shut down completely,” said Geoff Moody, the vice president of government relations at the American Fuel & Petrochemical Manufacturers. “They just throw lots of red tape at these folks,” Dan Kish, a senior fellow at the Institute for Energy Research,...
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As of April, 2021, the United States had 18.1 million barrels per day of petroleum refining capacity (i.e., operable atmospheric crude oil distillation capacity). U.S. refining capacity had reached a record high of nearly 19.0 million barrels per day as of January 1, 2020, but several refineries have closed since then, resulting in a capacity decline of 4.5 percent. While the United States has been shuttering refineries, China has invested in them. In fact, for most of 2020, China’s refineries processed more crude than U.S. refineries. In April 2020, more crude oil was being refined in China’s refineries than in...
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California remains the most expensive state for gas, outpacing the national average by more than a dollar, according to AAA. However, Hawaii and Washington and Oregon are not far behind, according to AAA's latest data. Currently, the average price for a gallon of gasoline in California will cost motorists $4.65, according to AAA. It's a significant jump from the national average, which rose one cent from a week ago to $3.31, according to AAA. This increase, which marks the third week of consecutive gains in 2022, is being "driven primarily by the cost of crude oil," according to AAA. Here...
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Jean-Pierre made the comment during the White House daily press briefing in response to Fox News White House correspondent Peter Doocy, who asked why the Biden administration is "now considering shutting down the Line 5 pipeline from Canada to Michigan" while oil and gas prices continue to skyrocket. "So, Peter, that is inaccurate," Jean-Pierre fired back. "That is not right. So any reporting indicating that some decision has been made, again, is not accurate." "What’s inaccurate?" Doocy asked. "The reporting about us wanting to shut down the Line 5," Jean-Pierre responded. "I didn’t say ‘wanting,’" Doocy said. "I said, is...
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Fox News reported, “The Biden administration is reportedly weighing the potential market consequences of shutting down an oil pipeline in Michigan. …” The pipeline, known as Line 5, is 30 inches in diameter and travels from Superior, Wisconsin, through both the Upper and Lower Peninsula of Michigan before ending in Sarnia, Ontario. According to Enbridge, which owns Line 5, closing the 645 mile-long pipeline would mean that Michigan would lose access to 756,000 gallons of propane a day, or 55% of the amount the company supplies to the state. Michigan's residential propane consumption is the nation's highest. About 315,000 homes...
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WASHINGTON (AP) — A U.S. energy company says a cyberattack forced it to temporarily halt all operations on a major pipeline that delivers roughly 45% of all fuel consumed on the East Coast. Colonial Pipeline said the attack took place Friday and also affected some of its information technology systems. The company transports gasoline, diesel, jet fuel and home heating oil from refineries primarily located on the Gulf Coast through pipelines running from Texas to New Jersey. The Alpharetta, Georgia-based company said it hired an outside cybersecurity firm to investigate the nature and scope of the attack and has also...
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