Study warns EPA regulations could raise gasoline price
API and NPRA cite the new study to contest EPA’s ‘Tier 3’ fuel standard for gasoline blends, labelling the measures economically and environmentally nonsensical.
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The new study, commissioned by the API, posits that the new regulations will damage US businesses, while only offering limited environmental benefits.
Holly Energy Partners has announced two expansion projects to provide 60,000 bpd of additional crude pipeline take-away capacity resulting from increased Delaware Basin drilling activity in southeast New Mexico.
The unveiling includes securing funds for uncertain PDVSA joint venture, as well as the delayed start up of the Premium I refinery.
A round up of news from refineries across the US.
API argues that the industry’s vast earnings should be viewed in the context of its power to create jobs and stimulate economic growth in the US.
Nancy Yamaguchi, Contributing Editor, provides an overview of the Latin American energy markets. The full version of this article can be found in the August 2011 issue of Hydrocarbon Engineering
New refineries are set for Angola and Iraq, while Saudi Aramco and Dow plan a joint venture petrochemical complex, which would be one of the largest in the world.
The American Petroleum Institute has announced that petroleum demand was up in June and the first half of 2011.
Iran is threatening to cut off its oil supplies to India next month unless a row over payment is settled.
