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Oil and Gas Refining

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  • US Energy Agency Adopts Brent, Drops US Crude Friday, 7 Dec 2012 | 5:13 AM ET

    The U.S. government's energy agency has adopted North Sea Brent crude as its benchmark for oil forecasts, dropping its domestic benchmark.

  • Energy: Better Gas Prices Tuesday, 4 Dec 2012 | 11:27 AM ET

    Robust U.S. energy production keeps pump prices low.

  • How Shareholders Are Squeezing the Fracking Industry Thursday, 15 Nov 2012 | 3:26 PM ET

    Activism surrounding fracking has now migrated into the ranks of actual shareholders in the companies that perform fracking.

  • John Hofmeister, Founder and CEO of Citizens for Affordable Energy, weighs in on preventing another gas shortage.

  • East Coast Gas Pains Remain, as Recovery Continues Wednesday, 7 Nov 2012 | 11:23 AM ET

    Gasoline lines are shorter in some parts of the New York metropolitan area, but the fuel distribution and supply network is still far from normal a week after Super Storm Sandy swept through the area.

  • Wilbur Ross, Chairman & CEO, WL Ross & Co. says his firm Exco has not yet confirmed a bid for a joint-venture partner project in Chinese shale gas.

  • Jobs, Stocks & the Election     Friday, 2 Nov 2012 | 12:00 PM ET

    The FMHR team offers instant analysis of the jobs report, the stock market and the presidential election. Meanwhile, the gas crisis continues in New Jersey, with CNBC's reporter team and John Eichberger, National Association of Convenience Stores.

  • Why East Coast Gas Shortages May Not End for a Week Thursday, 1 Nov 2012 | 12:36 PM ET

    Power outages at hundreds of gas stations and a distribution bottleneck due to flooding damage and power loss has caused a gasoline shortage in the New York metropolitan area that may not be cleared up for at least a week, according to industry experts.

  • Gas Shortages, Long Lines Adding to Storm's Misery Wednesday, 31 Oct 2012 | 2:34 PM ET

    Gasoline futures jumped as East Coast consumers—already stressed by Superstorm Sandy—joined long lines at the pump to fill up cars and gas cans to fuel home generators, causing shortages in some areas.

  • Storm Causes Pain at the Ports     Wednesday, 31 Oct 2012 | 7:44 AM ET

    Robert Kunkel, Alternative Marine Technologies, discusses how tanker delays caused by the storm may impact oil prices.

  • Energy Markets Will Be Fine: Expert     Wednesday, 31 Oct 2012 | 3:30 AM ET

    Neil Atkinson, director of energy research & analysis at Datamonitor, tells CNBC that the damage wrought on oil refineries by Hurricane Sandy is not too serious and will not negatively affect energy markets in the long term.

  • Sandy's Aftermath: Impact on Refineries     Tuesday, 30 Oct 2012 | 12:00 PM ET

    Stephen Schork, The Schork Report, discusses the impact of superstorm Sandy on oil refineries. The FMHR traders discuss.

  • Cleanup Preparations Being Made for Sandy Monday, 29 Oct 2012 | 7:05 PM ET

    Alan McKim, CEO of Clean Harbors, reports cleanup crews are ready to respond.

  • Hurricane Threatens East Coast Refineries     Friday, 26 Oct 2012 | 11:43 AM ET

    Will Hurricane Sandy impact oil prices? Andy Lipow, Lipow Oil Associates president, weighs in.

  • Gasoline futures continued to trade higher in the electronic session Thursday as the latest track of Hurricane Sandy looked headed straight for the heart of the East Coast refining industry.

  • Gauging Gas' Impact     Friday, 12 Oct 2012 | 2:16 PM ET

    Diesel prices remain high, and Jimmy Haslam, Pilot Flying J chairman, discusses whether this is already trickling down into the rest of the economy.

  • JetBlue CEO: No Plans to Buy Refiner     Tuesday, 2 Oct 2012 | 1:25 PM ET

    Dave Barger, CEO of JetBlue, talks about the critical crude oil levels for the airline industry.

  • Just months after Delta Air Lines purchased a troubled East-Coast oil refinery in an effort to pare its fuel costs, United Continental Holdings, the nation’s biggest carrier, appeared to be exploring a similar move, according to someone familiar with the matter.

  • Saudis Offer Extra Oil to Control Prices Tuesday, 18 Sep 2012 | 7:53 PM ET

    Saudi Arabia has offered its main customers in the US, Europe and Asia extra oil supplies through the end of the year, a sign the world’s largest exporter is worried about the impact of rising prices on the global economy.  The FT reports.

  • US Accuses BP of Gross Negligence in Gulf Tuesday, 4 Sep 2012 | 11:27 PM ET
    BP sign

    The US Department of Justice intends to prove at trial that gross negligence or willful misconduct by BP caused the 2010 Deepwater Horizon disaster in the Gulf of Mexico, government lawyers have said, in the clearest statement yet that they are seeking the maximum possible penalties from the British oil group. The FT reports.