Propane Supply and Demand Troubles

Propane Supply and Demand Troubles

Since mid-September 2020, wholesale propane prices at Mont Belvieu, Texas, the main U.S. hydrocarbon gas liquids (HGL) hub, increased to an average of $1.33 per gallon (gal) during the week ending September 24, 2021, the highest weekly average since February 2014....
Chevron Mourns Passing of Chairman

Chevron Mourns Passing of Chairman

SAN RAMON, Calif.–(BUSINESS WIRE)–Chevron Corporation today honored the life and career of former Texaco Chairman and CEO Alfred C. DeCrane, Jr., who died this past week at the age of 90. “Al led Texaco at an important and challenging time for the company...
COVID-19 Vaccine: Tips for Employers

COVID-19 Vaccine: Tips for Employers

President Joe Biden’s announcement of a new action plan aimed at curbing the COVID-19 pandemic will create new requirements for certain employers, and the rules have employers asking what they need to do, when they need to comply, and the consequences for...
Why U.S. Oil Supplies Took Such Big Hit From Ida

Why U.S. Oil Supplies Took Such Big Hit From Ida

Hurricane Ida unleashed such furious winds and waves that almost two weeks later oil drillers, power suppliers and refiners are still picking up the pieces. They won’t be done any time soon. The damage to offshore platforms, pipelines and even heli-pads was so severe...