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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
Reports related to this article:
Project(s): View 1 related project in PECWeb
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 Industrial Info
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