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    <title>IIR Industry News - Most Popular</title>
    <link>http://www.industrialinfo.com/</link>
    <description><![CDATA[Most Popular Industrial Market News]]></description>
    <copyright>2008 Industrial Info Resources, Inc.</copyright>
    <ttl>360</ttl>
    <language>en-us</language>
    <pubDate>Sun, 27 May 2012 08:01:25 -0500</pubDate>
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      <title>Industry News Alerts</title>
      <link>http://www.industrialinfo.com/</link>
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      <title>North American Refiners Retool to Process Oil from Shale Formations</title>
      <link>http://www.industrialinfo.com/showNews.jsp?newsitemID=218310</link>
      <description><![CDATA[SUGAR LAND--May 16, 2012--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--<a href="http://www.industrialinfo.com/marketcoverage.jsp?pagerequest=marketcoverage06" target="_blank">North American Petroleum Refiners</a> are investing hundreds of millions of dollars in capital and maintenance projects to process the light sweet crude oil produced from the continent's shale formations, Chris Paschall, Industrial Info's vice president of research for the Petroleum Refining Industry, said in an interview. <br><br>

Roughly 600,000 barrels of crude oil are being produced each day in the Bakken formation in North Dakota, he said. Production is surging there, as well as in other areas like the Eagle Ford and Permian Basin. These formations produce light sweet crude oil, which fetches a premium in the market, because it costs less to process than crude that is heavier or has more sulfur. <br><br>
Companies featured:  <a href="http://www.industrialinfo.com/marketcoverage.jsp?pagerequest=marketcoverage06" target="_blank">Valero Energy Corporation (NYSE:VLO)</a>, <a href="http://financialmarkets.industrialinfo.com/industrialinfo./quote?Symbol=321%3A18376318" target="_blank">Phillips 66 (NYSE:PSX)</a>, <a href="http://financialmarkets.industrialinfo.com/industrialinfo/quote/profile?Symbol=321%3A13105779" target="_blank">Marathon Petroleum (NYSE:MPC)</a>, <a href="http://financialmarkets.industrialinfo.com/industrialinfo./quote?Symbol=321%3A1330331" target="_blank">ConocoPhillips (NYSE:COP)</a>]]></description>
      <pubDate>Sun, 27 May 2012 08:01:25 -0500</pubDate>
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      <title>Top 10 Metals &amp; Minerals Projects in the Americas Reach Staggering Size</title>
      <link>http://www.industrialinfo.com/showNews.jsp?newsitemID=214580</link>
      <description><![CDATA[SUGAR LAND--April 30, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Resource (coal, iron ore, precious metal ore, etc.) mining projects account for about 83% of the total planned <a href="http://www.industrialinfo.com/marketcoverage.jsp?pagerequest=marketcoverage08_intl" target="_blank">Metals & Minerals Industry</a> spending in the Americas.  Metals & Minerals Industry projects in the Americas continue growing larger and larger in magnitude, as companies deal with escalating costs and try to take advantage of economy of scale. Estimated costs for many projects exceed the gross domestic product of small countries. The estimated total investment value (TIV) for the Kearl Oil Sands project of $30 billion exceeds the gross domestic product of Panama (2011 GDP of $26.7 billion). The first phase of Kearl is scheduled for completion late this year.<br><br>
For more information contact Industrial Info's Member Center at 1-800-762-3361, or <a href="http://www.industrialinfo.com/store/maps.jsp" target="_blank">click here</a> to purchase one of our Metals & Minerals Industry wall maps. <br><br>

Companies featured:  <a href="http://financialmarkets.industrialinfo.com/industrialinfo./quote?Symbol=61%3A690393" target="_blank">Imperial Oil Limited's (TSX:IMO)</a>, <a href="http://financialmarkets.industrialinfo.com/industrialinfo./quote?Symbol=tck" target="_blank">Teck Resources Limited's (NYSE:TCK)</a>, <a href="http://financialmarkets.industrialinfo.com/industrialinfo./quote?Symbol=vale" target="_blank">Vale SA's (NYSE:VALE)</a>]]></description>
      <pubDate>Sun, 27 May 2012 08:01:25 -0500</pubDate>
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      <title>Texas Power Industry Schedules Billions of Dollars of Generation, Transmission Projects</title>
      <link>http://www.industrialinfo.com/showNews.jsp?newsitemID=217209</link>
      <description><![CDATA[<img src="http://www.industrialinfo.com/newscontent/images/newsattachmnt20120511btn.png" border="0" align="right" alt="Texas Power Industry project starts" style="border: 1px solid #000; margin: 0px 10px 10px;" />SUGAR LAND--May 11, 2012--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Despite heat waves, regulatory uncertainty and drought, the <a href="http://www.industrialinfo.com/marketcoverage.jsp?pagerequest=marketcoverage01" target="_blank">lights stayed on</a> in Texas during the sweltering summer of 2011. Today, electric utilities, power developers, regulators and engineering, procurement & construction (EPC) firms are working hard to strengthen and expand generation and transmission in the Lone Star State, to ensure customers have an adequate and reliable supply of electricity for future peak demand periods.<br><br>
Other companies featured: <a href="http://financialmarkets.industrialinfo.com/industrialinfo./quote?Symbol=321%3A1161470" target="_blank">Fluor Corporation (NYSE:FLR)</a>, <a href="http://financialmarkets.industrialinfo.com/industrialinfo./quote?Symbol=321%3A905988" target="_blank">American Electric Power Company (NYSE:AEP)</a>, <a href="http://financialmarkets.industrialinfo.com/industrialinfo./quote?Symbol=321%3A912499" target="_blank">Berkshire Hathaway (NYSE:BRK.A)</a>]]></description>
      <pubDate>Sun, 27 May 2012 08:01:25 -0500</pubDate>
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      <title>Illinois in Lead as U.S. Sees $70 Billion of Power Industry Projects Under Construction</title>
      <link>http://www.industrialinfo.com/showNews.jsp?newsitemID=217048</link>
      <description><![CDATA[<img src="http://www.industrialinfo.com/newscontent/images/newsattachmnt20120510atn.png" border="0" align="right" alt="Power projects under construction in U.S." style="border: 1px solid #000; margin: 0px 10px 10px;" />
SUGAR LAND--May 10, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking more than $70 billion in major <a href="http://www.industrialinfo.com/marketcoverage.jsp?pagerequest=marketcoverage01" target="_blank">Power Industry</a> capital projects that are under way in the U.S. The projects, which number more than 200, range in total investment value (TIV) from several $1 million hydropower generator breaker upgrades to a $5 billion grassroot coal-fired project.  Illinois, home to this $5 billion project and a total of $7 billion in Power Industry projects currently under construction, leads the U.S. in terms of value, followed by California ($6.6 billion) and North Carolina ($5.35 billion).<br><br>
<i>Click on image at right for a breakdown by market region of under-construction Power Industry capital projects in the U.S.</i><br><br>
<a href="http://financialmarkets.industrialinfo.com/industrialinfo./quote?Symbol=btu" target="_blank">Peabody Energy Corporation's (NYSE:BTU)</a> (St. Louis, Missouri) $5 billion Prairie State Energy Campus in Marissa, Illinois, is in the final commissioning and construction stages.]]></description>
      <pubDate>Sun, 27 May 2012 08:01:25 -0500</pubDate>
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      <title>Changes and Uncertainties in Power Sector Cost Jobs</title>
      <link>http://www.industrialinfo.com/showNews.jsp?newsitemID=219021</link>
      <description><![CDATA[SUGAR LAND--May 18, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--The Tennessee Valley Authority (TVA) (Knoxville, Tennessee) has already laid off half of the 900 contractors currently working on the half-completed Bellefonte nuclear power plant in Alabama and possibly will lay off another 1,000 TVA employees, which, under federal guidelines, will qualify as a mass layoff .  The purging of contractors and employees was brought about by the mild winter temperatures, which lost the company about $94 million in income, as well as costs from the delayed and over-budget Watts Bar Unit 2 nuclear project in Tennessee.]]></description>
      <pubDate>Sun, 27 May 2012 08:01:25 -0500</pubDate>
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