Refiners Cut Production Following Texas Oil Spill
Refiners in Texas are cutting back production because of that huge oil tanker spill in Port Arthur.
A Coast Guard Captain says four plants along the Texas ship channel have cut production. The waterway is still closed after more than 460,000 gallons of oil were spilled Saturday when a barge collided with a tanker.
The Coast Guard says 13 tankers are waiting to enter the port and 11 are waiting to leave.
The four plants, owned by Exxon Mobil, Royal Dutch Shell, Valero and Total, have the combined processing capacity of 1.15 million barrels of oil a day, about 6.5 percent of the U.S. total.
The Coast Guard noted there is ample capacity available at other Gulf Coast locations to mitigate any production impact.
About this story
Related Keywords: Production & Supply (Oil), Water (Environment), Oil, Environment, Clean Skies News, Clean Skies News, Coast Guard, Exxon Mobil, oil spill, Port Arthur, Royal Dutch Shell, Texas, Total, Valero
Source:
Clean Skies News
Now on Clean Skies
Top Stories
Recovery Act Funding: Favoring Foreign over Domestic?
04:11 | 03/08/10
CS Sunday: ARPA-E, Podesta and Green Locomotive
28:29 | 03/07/10Related Items
EIA Shares Energy Outlook at CERAWeek 2010
Richard Newell says renewable energy sees most growth in energy sector.
- 07:43
- Yesterday
EIA Brightens Outlook For World Demand
Elliott Gue of The Energy Letter and The Energy Strategist discusses the EIA's weekly oil and natural gas inventory reports.
- 09:27
- Yesterday
BP to Pay $7B for Exploration Rights
BP is shoring up its exploration rights in the Gulf of Mexico and gaining a foothold in Brazilian waters in a $7 billion deal with Devon Energy Corp.
- 2 days ago
Petrobras Can Develop Subsea Reserves At $45/Barrel
At oil prices of $45 or more, Brazil's plans to exploit deep sea resources off its coast can be profitable.
- 03/09/10