Hints and tips:
...The ban was lifted in late-2015, however, and midstream energy built more pipeline capacity from inland shale fields to the US Gulf of Mexico coast....
...On Thursday, US benchmark West Texas Intermediate‘s discount to Brent crude moved above $11 a barrel, a level not seen since 2015, in the latest sign inland US crude markets have become swamped by rampant...
...Waymo also plans to use its autonomous cars to one day offer a consumer transportation service, which will only heighten the rivalry between the two companies....
...In futures markets, the discount of US West Texas Intermediate crude delivered at inland Cushing, Oklahoma recently shrank to as little as $3 a barrel to Brent, before widening on last week’s surprise rise...
...ACL operates across a vast tract of waterways spanning a stretch of America from the Gulf of Mexico in the south to the Great Lakes in the north....
...“The capacity of the ports is growing, and you need another method of safe and environmentally-friendly transportation....
...In Europe, the company is investing in barges powered solely by LNG....
...Typically, one-third of a transportation company’s cost base is fuel....
...Since then, it has invested in financial services, commodities, real estate, transportation and retail....
...Trade, tourism and transportation are all booming again as high oil prices and the Arab spring diverted human and business traffic into the emirate....
...Hurricanes, which last inflicted major damage on the hydrocarbon-rich Gulf of Mexico coast in 2008, are less of a factor as production is mainly inland....
...Morten Arntzen, chief executive of OSG, a tanker company, counters: “Transportation is a really minuscule part of the delivery cost of gasoline....
...Consumers, manufacturers and retailers in the US mid-west and inland eastern cities could all benefit....
...Eran Gartner, president of the systems division of Bombardier Transportation, the world’s biggest trainmaker, says the position of Gulf countries is similar to that of China, the only place in the world...
...He cautioned that the flooding would slow transportation routes from the Lafayette region – where many oilfield service providers are located – to the Gulf of Mexico....
...Transportation is destiny. The fifth wave is now here....
...The reason is that BP American Production Company (that’s one of the red boxes half way down the graphic) is the primary subsidiary involved into oil and gas production and transportation in the US, Gulf...
...For example in renewable energy, high technology, transportation and hospitality,” Miracky says....
...About 95 per cent of US imports and exports pass through the country’s 260 coastal and inland ports, all of it guided by pilots....
...to bring oil from Cushing to the Gulf Coast....
...Chevron announced it had successfully drilled a deep-water oilfield in the Gulf of Mexico that could potentially boost US crude oil reserves by 50 per cent....
...About 70 companies were expected to report to the Minerals Management Service on the hurricane’s impact on their Gulf production....
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