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By pacbiztimes / Friday, February 12th, 2016 / Central Coast, Energy, Latest news / Comments Off on Crude-by-rail plan spurs legal debate
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By Guest commentary / Friday, February 5th, 2016 / Energy, Latest news, Op/Eds, Opinion / Comments Off on Low gas prices great for consumers but not necessarily for the economy
At close to $33 per barrel, crude oil has dropped more than 60 percent since June 2014 — which is great for our economy because it significantly reduces the average price of gas and heating oil. Regular gasoline now averages $2 per gallon nationally. This translates to cheaper costs to transport goods and run your Read More →
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By pacbiztimes / Thursday, February 4th, 2016 / Central Coast, Energy, Latest news / Comments Off on Phillips 66 proposes fewer trains for rail expansion at Santa Maria refinery
Phillips 66 is now proposing to run fewer trains for its rail expansion project at its Santa Maria refinery in an attempt to allay the San Luis Obispo County Planning Commission’s environmental concerns. For its original five weekly trains proposal, county staff noted 11 significant and unavoidable environmental impacts associated with the increased operations at Read More →
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By pacbiztimes / Monday, February 1st, 2016 / Energy, Latest news / Comments Off on Santa Barbara County OKs ExxonMobil’s emergency permit to truck oil
The county of Santa Barbara has approved ExxonMobil’s emergency permit to truck oil. Exxon plans to transport 425,000 barrels of oil currently sitting in two tanks at its Las Flores Canyon storage facility to destinations up to 140 miles north on Highway 101. Trucking to empty the tanks is expected to take three to six Read More →
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By pacbiztimes / Friday, January 29th, 2016 / Energy, Latest news, middle, Top Stories, Tri-County Economy / Comments Off on Tri-county oil producers considering exit strategies
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By pacbiztimes / Friday, November 13th, 2015 / Energy, Latest news, Top Stories / 1 Comment
Regulators have ordered Plains All American Pipeline to empty corrosive crude oil that’s been sitting in Line 903 since it was partially shut down in late May. The U.S. Department of Transportation’s Pipeline and Hazardous Materials and Safety Administration issued on Nov. 13 an amendment to the original corrective action order requiring that Plains purges Read More →
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By pacbiztimes / Friday, November 13th, 2015 / Energy, Latest news, Top Stories / Comments Off on Ruptured Plains oil pipeline puts squeeze on tax receipts
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