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Oil

FOOD
July 15, 2016
Makes 4-6 servings 1/4 cup prepared horseradish (about half a 4-ounce jar) 4 garlic cloves, finely minced 1 tablespoon extra virgin olive oil, plus more for drizzling 1 tablespoon dark brown sugar 1 tablespoon fine sea salt plus more for sprinkling 1 teaspoon freshly cracked pepper One 2-pound flank steak 11/2 pounds cherry or cocktail tomatoes on the vine   1. Whisk together the...
NEWS
June 10, 2016 | By Julie Shaw, Staff Writer
A former Philadelphia stockbroker pleaded guilty Wednesday to securities fraud and related charges for taking about $3 million from investors for a nonexistent import business and other ventures. William Bucci, 59, told people he was going to import high-end olive oil and wine from Italy, and promised other investment ventures. He also induced people to loan him money for a Jersey Shore house. But, according to prosecutors, he used the money mostly for his own expenses. Bucci, who lives in the city but worked in the suburbs, paid back some early investors in part with money he received from later lenders.
NEWS
May 18, 2016
ISSUE | CLEAN ENERGY Peco should support solar power Wednesday's Business section had a brief item about a Tuesday demonstration demanding that Peco Energy Co. increase its local investment in solar power ("Peco urged to increase solar," Wednesday). Thursday's Business section had a story about Public Service Electric & Gas Co.'s significant investment in solar power and its efforts to get the New Jersey Board of Public Utilities to allow more investment in solar power ("PSE&G wants to step up, charge for solar projects")
NEWS
May 15, 2016 | By Andrew Maykuth, STAFF WRITER
Rail shipments of crude oil declined 44.1 percent in the first quarter compared to a year ago, according to rail traffic data released this week by the Association of American Railroads. U.S. railroads originated 63,261 carloads of crude oil in the first quarter of 2016, down 49,828 carloads or 44.1 percent from the first quarter of 2015 and down 21,664 carloads or 25.5 percent from the fourth quarter of 2015. Philadelphia area oil refiners, which had been a major destination for domestic crude delivered by rail, say they have switched to more imported crude delivered by ships since oil prices declined over the last year.
NEWS
May 9, 2016 | By Jonathan Lai, Staff Writer
Protesters decrying a proposed Navy Yard oil import/export facility rallied outside the Philadelphia Energy Solutions (PES) refinery in South Philadelphia on Saturday afternoon. PES has proposed building the facility at the planned Southport Marine Terminal Complex at the eastern end of the Navy Yard. Some nearby residents and activists want the company - operator of the former Sunoco refinery in South Philadelphia - to withdraw its proposal, one of six currently before landowner Philadelphia Regional Port Authority.
FOOD
May 5, 2016
Makes 16 servings 1 medium red onion, finely diced. 3 bell peppers, finely diced. (Use red, yellow, or orange pepper and bring color to your food) 3 tomatoes, finely diced, 1 bunch scallions or spring onions, finely sliced 1/2 cup olive oil Juice of 3 seeded lemons (but keep some of the pulp) Salt and pepper to taste 1. In a container with a lid, mix olive oil, lemon juice, salt, and pepper and shake it until becomes smooth and creamy. 2. In a bowl, mix veggies and oil-lemon mixture.
NEWS
May 4, 2016
The U.S. Coast Guard on Tuesday said it was unable to determine the source of an oil sheen spotted in the Schuylkill at Walnut Street on Monday. Petty Officer 3rd class David Micallef, a Coast Guard spokesman, said the oil sheen had "naturally dissipated" by Tuesday afternoon and investigtors have been unable to locate its source. "If anything changes, we will react," he said. The oil sheen was first reported to police just before 5 p.m. Monday. Fire officials responded first and waited for the Coast Guard's hazardous materials team to arrive.
NEWS
May 1, 2016 | By Andrew Maykuth, STAFF WRITER
Penn Virginia Corp., the embattled Radnor oil and gas producer, stated Friday in a U.S. Securities and Exchange Commission filing that it is "highly likely" it will seek Chapter 11 bankruptcy protection to restructure $1.2 billion in debt. The company, which is among many U.S. oil and gas producers in financial trouble because of low energy prices, acknowledged in its first-quarter earnings report that it is in default under its revolving credit agreement. Its lenders have agreed not to declare default until May 10 if certain conditions have been satisfied.
NEWS
April 8, 2016
COUNTRY HAM, GRILLED MELON & MINT 6 very thin slices of excellent-quality country ham (3 slices per person) 4 1/2-inch slices of ripe melon (2 slices per person), whichever variety is of the best quality at the time Handful of mint leaves Good-quality extra virgin olive oil Freshly ground pepper Preheat your grill for 10 minutes at the highest temperature. Coat the melon slices with a small amount of the olive oil and grill briefly on both sides. You are looking only to caramelize the surface of the melon slightly.
FOOD
April 8, 2016
Makes 2 servings as an appetizer 6 very thin slices of excellent-quality country ham (3 slices per person) 4 1/2-inch slices of ripe melon (2 slices per person), whichever variety is of the best quality at the time Handful of mint leaves Very good-quality extra virgin olive oil Freshly ground pepper 1. Preheat your grill for 10 minutes at the highest temperature. 2. Coat the melon slices with a small amount of the olive oil and grill briefly on both sides.
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