Terminals and Storage News for United States


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US Oil's Costly Again as It's Stored Less and Shipped More
Tuesday, February 20, 2018 Dwindling volumes at the biggest US oil storage hub and the potential for bigger cargoes to sail overseas is giving American crude a premium sheen once again.

US Oil Exports Go Up a Gear as Supertanker Sets Sail for China
Monday, February 19, 2018 The flood of US oil exports stepped up a gear after the first fully laden supertanker sailed from an American port.

US Supertanker Terminal Set to Export Oil for First Time
Tuesday, February 13, 2018 The nation's top imports terminal is testing one of the industry's biggest tankers to load an export cargo for the first time.

Next-Wave LNG Terminals Get Smaller To Offer Flexible Supply Deals
Monday, February 05, 2018 The liquefied natural gas market is growing every year, but the terminals that ship and receive the fuel are shrinking.

US Shale Growth Could Support Caribbean Oil Storage Owners
Wednesday, January 31, 2018 Caribbean oil terminals hurt by dwindling Venezuelan supply and a market that encourages traders to pull oil out of tank may get a shot in the arm from US shale.

Kemp: US Natural Gas Bears Caught By Return Of Winter
Tuesday, January 23, 2018 US natural gas prices have bounced sharply from their lows in December after a sustained spell of exceptionally cold temperatures pushed stocks near to the bottom of their five-year range.

OPEC's Oil Cuts Claim a Victim as Supertanker Earnings Crash
Tuesday, January 09, 2018 OPEC's strategy to end a worldwide crude glut is causing havoc for a vital link in the oil industry's supply chain.

Report: US May Get First LNG Import From Russia Despite Sanctions
Tuesday, January 09, 2018 A vessel that may be carrying liquefied natural gas from Russia's new Yamal LNG export terminal could be heading to the United States despite sanctions.

US Takes Gas From UK Site That Got First Siberian Cargo
Monday, January 08, 2018 Not many people had expected the US to turn to Europe for natural gas this winter.

Dominion Energy Denies LNG Contract Renegotiations
Tuesday, December 19, 2017 Dominion Energy says it had no plans to renegotiate any of its liquefied natural gas sales contracts.

Winter, Dwindling Stocks Draw Wave Of Diesel To New York
Wednesday, November 29, 2017 A wave of tankers carrying diesel was heading for the New York Harbor trading hub on Wednesday.

US Oil Exports Boom, Putting Infrastructure To The Test
Monday, October 30, 2017 US crude exports have boomed since the decades-old ban was lifted less than two years ago.

Kemp: US Natural Gas Prices Under Pressure Even As Stocks Tighten
Friday, October 20, 2017 US natural gas stocks continue to tighten, but most traders appear unconcerned.

US Regulator To Monitor Winter Natgas Supply In California, New England
Friday, October 20, 2017 US energy regulators will pay attention to natural gas supply issues in Southern California and New England this winter.

Could Mexico Be the Next Panama Canal for Gas? Drillers Think So
Friday, October 20, 2017 America's drillers are looking for a cheaper and quicker route.

Colonial Partners With Enterprise For Fuel Exports From Beaumont Terminal
Tuesday, October 10, 2017 Colonial Pipeline and Enterprise Products Partners said they have partnered to boost exports from the Beaumont refined oil products terminal in Texas.

Kemp: US Refiners Struggle to Keep Up with Demand for Distillates
Friday, October 06, 2017 Stocks have declined by 27 million barrels since the start of the year compared a 3 million barrel increase in the same period last year.

Joy And Relief Greet Puerto Rico Fuel Deliveries After Hurricane
Tuesday, October 03, 2017 Two weeks after Hurricane Maria plowed into Puerto Rico, finding gasoline and diesel has become a regular ordeal for the island's 3.4 million residents.

Buckeye Resumes Operation At Yabucoa, Puerto Rico; Tankers Discharge Fuel
Tuesday, October 03, 2017 Buckeye Partners has resumed operations at its marine oil terminal and storage tanks in Puerto Rico.

Matrix Global Plan US Sweet Crude Storage Contract Amid Export Growth
Thursday, September 28, 2017 The LOOP is the only US Gulf Coast port that can handle tankers known as Very Large Crude Carriers that are capable of transporting up to 2 million barrels of oil.

Phillips 66 Awards Texas Terminal Project to CB&I
Tuesday, September 26, 2017 It's CB&I's third project at Phillips 66's Beaumont Terminal in Nederland, Texas.

Enterprise: US Oil Exports To Meet 5% Of Non-US Global Demand By 2022
Monday, September 25, 2017 Crude oil exports from the United States will increase to meet 5 percent of global demand by 2022.

Buckeye Partners' Puerto Rico Oil Terminal Still Closed after Maria
Friday, September 22, 2017 Buckeye did not say if the tanks at the 4.6-million-barrel terminal were damaged by Hurricane Maria.

EPA Extends Enforcement Discretion for Harvey-hit Fuel Storage Facilities
Friday, September 22, 2017 Similarly, EPA extended enforcement discretion for certain air pollutants from gasoline storage tanks during so-called roof landings.

Kemp: US Natural Gas Prices Rise As Winter Stocks Look Tight
Tuesday, September 19, 2017 US natural gas stocks look somewhat tight after low prices this summer worked off the excess stocks that built up in the first half of the year.

Two Weeks After Harvey, Cheniere Runs More Gas Than Ever
Friday, September 15, 2017 Cheniere's flagship Sabine Pass terminal in Louisiana is liquefying more natural gas for export than ever.

Magellan Midstream Probes Big Texas Fuel Spill During Harvey Floods
Tuesday, September 12, 2017 Magellan Midstream Partners says it was investigating the cause of a nearly 11,000-barrel gasoline spill from two above-ground fuel storage tanks at its Houston-area terminal.

CFTC: Speculators Boost US Natgas Net Longs For First Week In Three
Friday, September 08, 2017 US natural gas speculators this week boosted their net long positions for the first time in three weeks.

US Waives Jones Act To Secure Fuel For Hurricane Responders
Friday, September 08, 2017 The US government says it is temporarily waiving a law that limits the availability of cargoes on the US coasts.

Buckeye Partners Shuts Puerto Rico Oil Terminal Ahead Of Hurricane Irma
Wednesday, September 06, 2017 Buckeye Partners has shut its Yabucoa oil terminal in Puerto Rico ahead of Hurricane Irma.

NGL Study Serves as 'First Step' for Appalachian Storage Hub
Tuesday, August 29, 2017 The study, which will be publicly available beginning Sept. 1, outlines various subsurface NGL storage options in the region.

New American Oil Tankers Are Great for Traders, Lousy for Owners
Thursday, August 17, 2017 Once rare American-built oil tankers are now plentiful, changing US gasoline flows and giving shipowners headaches.

America's Biggest Oil Port Looks to Catch the Export Wave
Tuesday, July 25, 2017 The biggest US oil-import hub wants to grab a piece of surging North American crude exports.

Magnitude 4.2 Earthquake Strikes Near Cushing Oil Storage Hub
Friday, July 14, 2017 An earthquake with a preliminary magnitude of 4.2 struck Stroud, Oklahoma, about 20 miles (32.2 km) from the key oil storage hub in Cushing, Oklahoma, the Oklahoma Geological Survey (OGS) said.

Welcome to the Booming Texas Port at Heart of US Oil Sales
Tuesday, June 27, 2017 Exports could double by the end of this decade, expanding the importance of Corpus Christi to the domestic industry.

US, Colorado Sue PDC Energy, Claiming Clean Air Act Violations
Monday, June 26, 2017 The Trump administration and the state of Colorado sues PDC Energy Inc.

Americans Are Doing Everything They Can to Drain Oil Inventories
Thursday, June 01, 2017 There's a loud sucking sound coming from the depths of oil storage tanks across the United States.

EIA: US Gasoline Demand Falls For Third Consecutive Month
Wednesday, May 31, 2017 US gasoline demand fell year-over-year for the third consecutive month in March, according to federal data.

US Fossil Fuel Groups Pull Out of Climate Change Court Case
Tuesday, May 30, 2017 Three fossil fuel industry groups dropped their attempt to intervene in a court case over climate change last week.

Colorado Oil Tank Fire Kills One, Injures Three
Friday, May 26, 2017 A blaze engulfed a Colorado oil tank battery on Thursday, killing one worker and injuring three, authorities said.

Big Drop in US Oil Stocks Finally on the Way, Traders Say
Thursday, May 25, 2017 A reduction would show the market is finally reversing course after years of stock builds that left a worldwide overhang of half a billion barrels of crude oil and refined products.

Kemp: US Freight Recovery Spurs Diesel Demand
Thursday, May 25, 2017 U.S. freight movements have started increasing again, which should help boost consumption of distillate fuel oil in 2017 and 2018.

Trump Budget Would Sell Entire US Northeast Gasoline Reserve
Tuesday, May 23, 2017 The Trump administration is proposing to sell off in the coming fiscal year the entire gasoline reserve created in the aftermath of Hurricane Sandy, according to its budget proposal unveiled on Tuesday.

Trump Proposes Selling Off Half US Strategic Oil Reserve
Tuesday, May 23, 2017 The White House plan to trim the national debt includes selling off half of the nation's emergency oil stockpile, part of a broad series of changes proposed by President Trump.

Full Tanks and Tankers: A Stubborn Oil Glut Despite OPEC Cuts
Friday, May 19, 2017 Stalled crude storage tank drawdowns have shed light on the broader challenge facing OPEC.

U.S. Inventories of Oil, Gasoline Fall in Latest Week - EIA
Thursday, May 18, 2017 U.S. crude stocks fell last week as refineries hiked output, while gasoline stocks decreased and distillate inventories fell, said EIA.

Experience, Sound Advice Help Fuel Oil Dealers Handle Large Exposures
Monday, May 15, 2017 A relatively small spillage from an overturned fuel or oil tanker on a highway, a rather common occurrence, can range from $500,000 to $4 million.

U.S. Customs Agency Withdraws Obama-proposed Changes to Jones Act
Wednesday, May 10, 2017 U.S. Customs and Border Protection has withdrawn an Obama-era proposal to modify a law that governs shipping, which would have revoked waivers that make it easier for oil and gas operators to skirt restrictions, according to an agency bulletin.

EIA: US Oil Stocks Fall Slightly, Gasoline Inventories Up
Thursday, May 04, 2017 US crude stocks fell last week, while gasoline stocks increased and distillate inventories fell, the Energy Information Administration says.

Maiden Bakken Oil Cargo to Asia Ships Out, with More to Come
Wednesday, April 26, 2017 It's expected to be the first of numerous cargoes once the key Dakota Access pipeline starts moving oil in May.

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