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Market Journal 2013 P

  • Mon Apr 29 11:04:00 CDT 2013 -- Foreign crude supply concentrated
    It’s no secret the jump in US oil production in recent years has dropped imports of foreign crude to the lowest It’s levels since 1997—down 1.3 million b/d in the 4 weeks ended Apr. 19, the latest data available, from the comparable period in 2012. What is not as well known, said Energy Information Administration officials, is US crude imports are now more concentrated among the five biggest outside suppliers—Canada, Saudi Arabia, Mexico, Venezuela, and Iraq, in that order.
  • Mon Jan 28 15:32:00 CST 2013 -- War, weather issues affect energy
    The fatal 4-day siege at the In Amenas gas production plant in eastern Algeria near the Libyan border that left 81 people dead “heightens concerns over protecting infrastructure in remote areas—a key factor for the planned $20 billion Trans-Saharan Gas Pipeline as well as other long-distance international energy infrastructure linking Africa, the Middle East, Central Asia, and Europe,” said analysts at KBC Market Services, a division of KBC Process Technology Ltd. in Surrey, UK.
  • Tue Feb 26 11:47:00 CST 2013 -- Working on the railroads
    The rapid increase of North American crude production has resulted in pipeline bottlenecks in some areas, forcing more reliance on rail transportation to access some of the highest-value markets, said analysts with PIRA Energy Group in New York.
  • Mon Mar 25 17:13:00 CDT 2013 -- Corn, ethanol prices squeeze profit
    Last summer, US prices for ethanol and corn reached such an imbalance that production costs exceeded revenue at relatively simple ethanol plants, the US Energy Information Administration reported.
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