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A service for energy industry professionals · Monday, November 4, 2024 · 757,463,379 Articles · 3+ Million Readers
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California Crude Oil News Monitoring

  • Published on Oct 31, 2024

    U.S. Rep. Salinas faces Erickson in rematch for 6th Congressional District 

    U.S. Rep. Andrea Salinas faces another challenge from Mike Erickson in her bid to run for a second term of office as the Democratic incumbent in the 6th Congressional District.  The faceoff marks a repeat of the 2022 race, when Salinas was elected to …

    Source: Oregon Capital Chronicle - Label Pending
  • Published on Oct 31, 2024

    All Treats and No Tricks at the Pump This Halloween

    The national average for a gallon of gas dipped by two cents since last week to $3.13. Low oil costs and tepid domestic gasoline demand are the primary reasons. “After the brief interruption caused by Hurricanes Helene and Milton, gas prices have resumed …

    Source: Newport Buzz - Rhode Island - Neutral
  • Published on Oct 31, 2024

    Gas prices approach 3-year low as election nears

    Dive Brief: Fuel savings platform GasBuddy reported this week that the average price of gasoline in the U.S. is expected to drop below $3 per gallon soon. That would mark the lowest it’s been since April 2021, according to the U.S. Energy Information …

    Source: C-Store Dive - Label Pending
  • Published on Oct 31, 2024

    China and Russia: A New Cold War?

    In July 2024, Russia and China performed joint naval drills in the South China Sea—a display of military might that featured the two countries practicing anti-missile exercises, sea strikes, and air defense. Taking place just days after NATO leaders issued …

    Source: Harvard International Review - Center-left
  • Published on Oct 31, 2024

    State average for gas drops again

    According to AAA, the average price for a gallon of regular gas in the Gem State is $3.37, which is 4 cents less than a week ago, 14 cents less than a month ago and 53 cents less than a year ago. In Bonner County, the average price for  gallon of regular …

    Source: Bonner County Daily Bee - Idaho - Label Pending
  • Published on Oct 31, 2024

    US Saudi crude imports fall as West Coast refiners turn to Canada's TMX pipeline

    HOUSTON - U.S. imports of crude oil from Saudi Arabia hit a near four-year low last week, U.S. government data showed on Wednesday, as Canada's Trans Mountain pipeline sent more oil to the U.S. West Coast. The $24.84 billion Trans Mountain pipeline ( …

    Source: Zawya - Uncategorized
  • Published on Oct 30, 2024

    Canadian dollar turns higher after hitting earlier 12-week low

    Canadian dollar gains 0.1% against the greenback Price of U.S. oil settles 2.1% higher Bond yields trade mixed across a flatter curve Ontario projects narrower C$6.6 billion deficit TORONTO, Oct 30 (Reuters) - The Canadian dollar strengthened modestly …

    Source: Livemint - Neutral
  • Published on Oct 30, 2024

    Earnings call: Phillips 66 reports strong Q3 financials, aims for growth

    Phillips 66 (NYSE:PSX) showcased a robust financial performance in its Third Quarter 2024 earnings call, despite the refining market's challenges. The company has been proactive in returning capital to shareholders, with $12.5 billion since July 2022, …

    Source: Investing - Neutral
  • Published on Oct 30, 2024

    Phillips 66 Expects to Surpass $3B Asset Sale Target

    Phillips 66, the biggest US fuelmaker by market value, told investors Tuesday it expects to surpass its $3 billion target for asset sales with more dispositions planned. The Houston refiner, which is closing a refinery in 2025 and shedding other …

    Source: Rigzone - Neutral
  • Published on Oct 30, 2024

    Canadian oil exports to U.S. rise to record high

    Canadian oil exports to the United States have reached a record high, buoyed by completion of the Trans Mountain expansion pipeline. Refineries on the U.S. West Coast have been among the frequent buyers of oil from the pipeline, which began operations in …

    Source: CBC/Radio-Canada - Public Broadcaster
  • Published on Oct 30, 2024

    Santa Barbara County Planning Commission approves leases needed to restart oil production

    SANTA BARBARA, Calif. - Wednesday afternoon, the Santa Barbara County Planning Commission voted three to one to approve lease transfers necessary to restart oil production along the Gaviota Coast. Environmental advocates rallied in front of Wednesday's …

    Source: KEYT - California - Neutral
  • Published on Oct 21, 2024

    Chevron plans massive $66.5 million update to its Houston headquarters

    Chevron Corporation plans a $66.5 million renovation of its downtown office, according to a state filing. Just months after deciding to relocate from its California headquarters to Texas, the U.S. oil giant will renovate nine floors of its long-time …

    Source: Houston Chronicle - Texas - Center-left

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