Home / Tag Archives: crude oil (page 5)

Tag Archives: crude oil

Editorial: Lifting crude-oil export ban would help Big Oil, hurt the rest of us

In 1975, after the country was shaken by the Arab oil embargo, Congress passed a ban on exporting crude oil from the United States. The motivation was to promote domestic fuel production and efficiency and to decrease U.S. dependence on foreign resources. Forty years later, we’re still working toward these goals. And we’re also trying to slash greenhouse-gas emissions, which ...

Read More »

Parts sold from biofuel plant that owes Mississippi $79M

JACKSON, Miss. — Equipment from the failed KiOR biofuel plant in Columbus is being sold, but Mississippi taxpayers are likely to recover little of the $79 million that the state is seeking. Iowa-based REG Synthetic Fuels is paying a receiver $1.5 million for some refining equipment at the KiOR plant, which was supposed to turn wood chips into a crude ...

Read More »

Emergency officials want more firefighting foam

MADISON, Wis. — An increase in crude oil traveling by rail through Wisconsin has prompted first responders to seek more firefighting foam so they’re better prepared for the possibility of a major train derailment. The state’s top emergency official says Wisconsin Emergency Management is working to stockpile the expensive material. He hopes to purchase 1,500 gallons of foam and store ...

Read More »

Amid fracking boom, cities fear explosive safety risk it can carry

CHICAGO – While the global fracking boom has stabilized North America’s energy prices, Chicago — America’s third largest city and the busiest crossroads of the nation’s railroad network — has become ground zero for the debate over heavy crude moved by oil trains. With the Windy City experiencing a 4,000 percent increase in oil-train traffic since 2008, Chicago and its ...

Read More »