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Daily News Energy Headlines from March 14, 2018

Scan through a selection of energy-related news highlights that we think will interest our clients.

Released Thursday, March 15, 2018

Daily News Energy Headlines from March 14, 2018

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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

CRUDE OIL
U.S. Crude Inventories Rise
- The U.S. Energy Information Administration reports that U.S. crude stocks rose by 5 million barrels for the week ending March 9. Gasoline stocks fell by 6.3 million barrels, and distillates fell by 4.4 million barrels. (Reuters)

PIPELINES
West Virginia Orders Some Work to Stop on Rover Pipeline
- Environmental regulators in West Virginia ordered Energy Transfer Partners LP (NYSE:ETP) to again halt work on its Rover natural gas pipeline in the state due to permit violations. Rover is the biggest gas pipe under construction in the United States. It is designed to carry up to 3.25 billion cubic feet per day of gas from the Marcellus and Utica shale fields in Pennsylvania, Ohio and West Virginia to the U.S. Midwest and Canada's Ontario province. (Project 300195733) (Reuters)

U.S. Pipeline Developers Seek Exemption from Steel Tariff - U.S. energy pipeline developers say they intend to pursue exemptions to the Trump Administration's proposed steel tariffs, as concerns grow for those companies and from key exporters to the United States like South Korea. Imports account for 77% of the steel used in U.S. pipelines, according to a 2017 study conducted for the pipeline industry. (Reuters)

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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the trading, logistics and marketing communities. We are the number one source for information about electricity outages, refinery turnarounds and midstream natural gas disruptions.

About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
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