January 22, 2013 |
CSX on Monday announced a $26 million track capacity expansion on its River Line between Albany N.Y. and northern New Jersey, enabling the railroad operator to handle more trains moving crude oil to East Coast refineries. Demand for crude oil in New Jersey and the Philadelphia area "may be as much as five trains per day, or over 400,000 barrels, over the next couple of years," Oscar Munoz, executive vice president and chief operating officer, said in a statement. Much of the crude being produced in emergent Midwestern oil fields must move to markets by rail rather than pipeline.
September 11, 2012 |
Plains Exploration & Production Co. agreed to buy BP P.L.C.'s and Royal Dutch Shell P.L.C.'s stakes in a group of Gulf of Mexico oil fields for $6.1 billion, doubling crude production in its biggest acquisition since 2007. BP, which has been selling assets after causing the worst marine oil spill in U.S. history, sold its fields for $5.55 billion. Shell sold its stake in a field co-owned with BP for $560 million, according to a statement. The acquisition amount is larger than Houston-based Plains' market value.
September 10, 2012
Oil drilling starts off Alaskan coast SEATTLE - A potential new energy frontier opened early Sunday in the U.S. Arctic as Royal Dutch Shell plumbed a drill bit into the bed of the Chukchi Sea, 70 miles off the coast of northwest Alaska. The oil company, which spent six years and $4.5 billion trying to launch America's first offshore oil production in the Arctic, announced that its Noble Discoverer had anchored northwest of Alaska's North Slope and begun drilling the "top hole" of an exploration well.
July 10, 2012 |
THE DAILY NEWS can't move to Strawbridge's until I tell one last story: In a burst of naïve tabloid entrepreneurialism typical of the Daily News, we once decided to create a 9-Star edition with the goal of catching home-bound commuters with the very latest afternoon news. Fair enough, right? Quaint, as we look back. But to promote the 9-Star, we decided to do our own sequel of King Kong by tying a 40-foot inflatable gorilla to the tower at 400 N. Broad with a Daily News delivery bag stitched to its considerable midsection.
June 16, 2012 |
BILLINGS, Mont. - A West Virginia man who claimed to be a victim of a drive-by shooting along a rural Montana highway while working on a memoir called "Kindness in America" has confessed to shooting himself, authorities said Friday. Ray Dolin, 39, of Julian, W. Va., made the acknowledgment Thursday night, said Valley County Sheriff Glen Meier. The case remains under investigation and charges are possible, though none have been filed. Dolin claimed he was hitchhiking along U.S. Highway 2 west of Glasgow on Saturday when the driver of a maroon pickup pulled over and shot him in the arm. Authorities later arrested Lloyd Christopher Danielson 3d, 52, and charged him with felony assault.
May 17, 2011
DAMN! The Donald will not run for president, depriving us pundits of the one starter in the GOP rotation that all of us could hit for distance. I blame Barack Obama for this. If he had held out for a few more weeks before releasing his birth certificate, we could have ridden this sucker at least into late summer. Trump had dispatched a squad of researchers to Hawaii with the promise that their findings "would surprise the public. " He had demanded that the president release his academic records from law school.
March 11, 2011 |
Not much change in the cost of regular no-lead gas in the five-county Philadelphia area, according to AAA Mid-Atlantic. The average remained at $3.56 Friday, although that's 9 cents more than last Friday. South Jersey's average was up 1 cent overnight, to $3.37, the auto club reported. That's also 9 cents more than a week ago. The U.S. average was $3.54, up 1 cent overnight and 7 cents since last Friday. Meanwhile, oil prices continued to slide, dropping below $100 per barrel for the first time in more than a week, after a massive earthquake spawned a tsunami that slammed into northern Japan.
June 10, 2010 |
CLEARFIELD, PA. - The contractor whose Pennsylvania operations were suspended by state environmental officials after a natural gas well blowout said Thursday that it had already idled its two Marcellus Shale rigs and is cooperating with the investigation. Forbes Energy Services Ltd., of Alice, Texas, said it had "voluntarily and proactively" shut down its Marcellus rigs following the June 3 accident in Clearfield County, in which a well erupted and spewed natural gas and toxic fluids for 16 hours before it was brought under control.
March 20, 2007
SO HALLIBURTON is moving from Houston to Dubai, where they get their real money. This shouldn't surprise us, since their allegiance is to the almighty petro-dollar and not to us, the American people. In the 1990s, when Vice President Cheney was CEO of Halliburton, the firm had the job of repairing Iraq's oil fields while Saddam Hussein was still in power. And these are the people running our government. Who are they really working for? John Oliver Mason Philadelphia
September 20, 2006 |
The thin glass tube was held upright with a clamp, but the thick, dark oil inside didn't budge - much like ketchup stuck in an overturned bottle. No problem. Rongjia Tao brushed the outside of the tube a few times with a small magnet, and the oil began to flow slowly downward. Tao, a physics professor at Temple University, wants to take his technique from glass tubes to pipelines, improving the flow of tarlike crude oil in oil fields worldwide - especially in cold, deepwater environments where it takes more energy to pump the thick stuff.