Top News & Analysis Houston

  • A QuikTrip spokesman says 21 of the 37 stores in the Charlotte, North Carolina area were out of unleaded gas Monday afternoon. Chuck Barton said that in metro Atlanta, more than 60 of the 131 QuikTrip stores were also out of unleaded gas Monday afternoon. Gas shortages across the South are blamed on a pipeline rupture near Helena, Alabama.

  • RIO DE JANEIRO, Sept 19- Brazil's heavily indebted state-led oil company Petrobras will likely cut planned investment by about a sixth and its 2020 output goal by 14 percent under a five-year strategic plan that could be released as early as Monday after markets close, according to analysts. "This plan is very important for setting expectations at a company that...

  • Sept 18- Retail gasoline prices surged due to continuing problems with Colonial Pipeline Co's gasoline line that carries fuel to the U.S. East Coast, as the company started to construct a bypass line around the leak. The average price of a gallon of regular gasoline in Georgia rose to $2.26 as of Sunday morning, according motorists' advocacy group AAA, up more than...

  • Sept 18- Retail gasoline prices surged due to continuing problems with Colonial Pipeline Co's gasoline line that carries fuel to the U.S. East Coast, as the company started to construct a bypass line around the leak. The average price of a gallon of regular gasoline in Georgia rose to $2.26 as of Sunday morning, according motorists' advocacy group AAA, up more than...

  • The average price of a gallon of regular gasoline in Georgia rose to $2.26 as of Sunday morning, according motorists' advocacy group AAA, up more than six cents overnight and more than 15 cents in a week. Prices were up 4 cents in North Carolina to $2.136 and 4 cents in South Carolina to $2.011. Colonial shut its main gasoline and distillate lines that run from the Gulf...

  • Colonial shut its main gasoline and distillate lines that run from the Gulf Coast to the East Coast on Sept. 9 after a leak was discovered in Shelby County, Alabama. Meanwhile, retail prices continued to spike on Saturday, according to motorists' advocacy group AAA, and states, including Tennessee and North Carolina, joined others in temporarily waiving rules...

  • Colonial, the largest U.S. refined products pipeline system, last Friday shut its main gasoline and distillate lines that run from the Gulf Coast refining hub to the East Coast, after the leak was discovered in Shelby County, Alabama. Greg Robinson, the head of Alabama's Emergency Management Agency, said on Friday Colonial told him it hoped to get the pipeline up...

  • Colonial, the largest U.S. refined products pipeline system, last Friday shut its main gasoline and distillate lines that run from the Gulf Coast refining hub to the East Coast, after the leak was discovered in Shelby County, Alabama. Greg Robinson, the head of Alabama's Emergency Management Agency, said on Friday Colonial told him it hoped to get the pipeline up...

  • Colonial, the largest U.S. refined products pipeline system, last Friday shut its main gasoline and distillate lines that run from the Gulf Coast refining hub to the East Coast, after the leak was discovered in Shelby County, Alabama. Greg Robinson, the head of Alabama's Emergency Management Agency, said on Friday Colonial told him it hoped to get the pipeline up...

  • NEW YORK, Sept 16- Gasoline futures have soared and prices at the pump in certain states have started to spike due to an ongoing partial shutdown of Colonial Pipeline, the vital artery bringing gasoline and other products to the U.S. East Coast. Specifically, traders and analysts say the six states most likely to be affected are Georgia, Virginia, South Carolina,...

  • Vice President Joseph Biden on Friday announced new measures to help cancer patients navigate the clinical trials process as part of the administration's "Cancer Moonshot" initiative to speed new treatments to market. In a statement released ahead of a planned speech at Rice University in Houston, Biden said clinical trials are essential for developing new...

  • NEW YORK, Sept 16- Gasoline futures have soared and prices at the pump in certain states have started to spike as a result of an ongoing shutdown of the Colonial Pipeline, the key artery bringing gasoline and other products to the U.S. East Coast. Specifically, traders and analysts say the six states that are most likely to be affected are Georgia, Virginia, South...

  • NEW YORK, Sept 16- Gasoline futures have soared and prices at the pump in certain states have started to spike as a result of an ongoing shutdown of the Colonial Pipeline, the key artery bringing gasoline and other products to the U.S. East Coast. Retail prices in Georgia and Tennessee were also higher, with regular gasoline rising to $2.136 a gallon on Friday from...

  • Sept 16- New York Attorney General Eric Schneiderman is investigating Exxon Mobil Corp's accounting practices and why the oil major hasn't written down the value of its assets in the wake of a slump in oil prices, a person familiar with the matter said. "Our results are in accordance with the accounting and reporting standards of the SEC and FASB," an Exxon...

  • NEW YORK, Sept 15- Colonial Pipeline Co, operator of the largest refined products pipeline system in the United States, said on Thursday it would delay until next week the full restart of its main gasoline line bringing fuel to the East Coast after a 6,000- barrel leak in Alabama. The company on Friday shut its main gasoline and distillate lines, which are critical...

  • Arpaio denies the claims and is easily capable of striking back with a formidable $2.9 million still available for campaign spending ahead of the Nov. 8 vote, dwarfing the total $326,000 raised by his challenger, Democrat Paul Penzone, a former Phoenix police sergeant who lost to Arpaio by 6 percentage points in 2012.. Over the last year, Soros contributed $3.9...

  • NEW YORK, Sept 14- Colonial Pipeline Co, the largest refined products system in the United States, on Wednesday increased its estimate of a gasoline leak in Alabama by about six times, but maintained it would restart the affected line completely by the weekend. The pipeline said about 6,000 barrels of gasoline spilled in Shelby County, Alabama, up from an earlier...

  • NEW YORK, Sept 14- Colonial Pipeline Co, the largest refined products system in the United States, on Wednesday increased its estimate of a gasoline leak in Alabama by about six times, but maintained that it would restart the affected line completely by the weekend. The pipeline said it now estimated that about 6,000 barrels of gasoline spilled in Shelby County,...

  • GREENSBURG, Pa.— Faster-than-expected corrosion caused a Pennsylvania natural gas pipeline blast that scorched 40 rural acres in April and badly burned a man whose home was destroyed, the Texas energy company that owns the pipeline said. Andy Drake, the vice president of operations and environmental health and safety with Houston- based Spectra Energy Corp.,...

  • NEW YORK, Sept 13- Colonial Pipeline Co's days-long shutdown of the main line that moves gasoline to the Atlantic Coast from the U.S. Gulf Coast has had the unintended effect of starting to alleviate the glut of domestic gasoline supply, traders said. Gasoline futures, and cash prices, particularly in the New York Harbor, rallied. The East Coast has been weighed down...