GO
Loading...

Alon USA Energy Inc

  • NEW YORK, Jan 29- Americans are more likely than ever to favor easing a ban on exporting crude oil, so long as it does not lead to higher gasoline prices that have recently sunk to near $2 a gallon, according to a new Reuters-IPSOS poll. U.S. retail gasoline prices have halved to near $2 a gallon, probably easing immediate anxiety over pump prices; a growing number of...

  • About one year after the Secretary of Energy Ernest Moniz first raised the four-decade-old ban as an item for discussion, the Department of Commerce on Dec. 30 took steps toward allowing export of the oil. Congress passed the export ban after the 1970 s Arab oil embargo led to snaking lines at gas stations and fears of a global energy shortage.

  • Producers for American Crude Oil Exports, or PACE, is the first lobbying group to form to reverse the trade restriction passed by Congress in the 1970 s after the Arab oil embargo caused fears of domestic oil shortages. As the U.S. oil boom of the last six years builds an excess of crude, calls have risen for Congress and the Obama administration to relax the ban.

  • Congress passed the trade restriction in the 1970 s after the Arab oil embargo caused fears of domestic oil shortages. The group of 14 producers has "united to create an advocacy initiative to help repeal the outdated ban on crude oil exports," Daren Beaudo, a spokesman for ConocoPhillips, one of the member companies, said in an email. The U.S. drilling boom of the past...

  • SAN FRANCISCO, Oct 9- California environmentalists on Thursday filed a lawsuit against the Kern County Board of Supervisors for its approval last month of a major oil-by-rail project in the state, saying the county failed to disclose the risks of the project to the public. But groups behind the lawsuit, including the Sierra Club and the Center for Biological...

  • Oct 9- A year of increasingly vocal support for easing a decades-old ban on U.S. crude exports has failed to convince American voters that doing so would be a good idea, according to a new Reuters-IPSOS poll that highlights the political perils of opening the door to shale oil sales abroad. Only a handful of politicians, most prominently Republican Senator Lisa...

  • HOUSTON, Sept 10- Alon USA Energy intends to restart its refinery in Bakersfield, California in 2016 after a string of upgrades to enable it to process light inland U.S. crude that will arrive via a new oil-by-rail facility, Chief Executive Paul Eisman told Reuters on Wednesday.

  • HOUSTON, Sept 9- The first substantial oil-by-rail project at a California refinery won approval on Tuesday despite a last-minute push for more scrutiny by some environmental groups.

  • HOUSTON, Sept 9- The first substantial oil-by-rail project at a California refinery won approval on Tuesday despite a last-minute push for more scrutiny by some environmental groups.

  • In the letter to the Commerce Department a lobbyist group called Consumers and Refiners United for Domestic Energy, or CRUDE, which represents the four U.S. refiners, blasted the government for allowing the shipments, saying they contravene a nearly 40- year-old ban on oil exports.

  • Congressman from Texas has come out in full support of the United States lifting the 40- year old ban on crude oil exports, putting him at odds with fellow House Republicans wary of weighing in on the controversial issue.

  • Aug 15- The first new crude-by-rail project at a California refinery is likely to win approval next month after more than a year of scrutiny, the head of the Kern County planning division told Reuters, and it could help reopen the shuttered plant.

  • Aug 15- The first crude-by-rail project at a California refinery is likely to win approval next month after more than a year of scrutiny, the head of the Kern County planning division told Reuters, and it could help reopen the shuttered plant.

  • Estimates too low for these 3 stocks: Cramer Thursday, 13 Mar 2014 | 6:25 PM ET

    There’s something going on in the energy sector, and Jim Cramer doesn’t think the Street fully understands the impact.

  • Lightning Round: LinkedIn, Dr Pepper & More Monday, 6 Jan 2014 | 6:33 PM ET

    It’s time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Lightning Round: Alon USA Energy, TransDigm Group Thursday, 14 Mar 2013 | 6:42 PM ET

    It’s time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Lightning Round: Cheniere Energy, Sarepta & More Tuesday, 29 Jan 2013 | 6:38 PM ET

    It’s time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Shares of refiners fall on Chevron's 3Q outlook Wednesday, 10 Oct 2012 | 3:10 PM ET

    NEW YORK-- Shares of several oil refining companies fell Wednesday after Chevron Corp. said its third-quarter results will be substantially lower than its second-quarter earnings.

  • Cramer makes the call on viewers' favorite stocks.

  • Reporter's Notebook: Tracking the 2011 Flood Monday, 16 May 2011 | 7:35 AM ET
    Floodwater covers Beale Street at the edge of the Mississippi River May 7, 2011 in Memphis, Tennessee. Heavy rains have left the ground saturated, rivers swollen, and have caused widespread flooding in Missouri, Illinois, Kentucky, Tennessee, and Arkansas.

    Having spent the last few days reporting from locations all over the lower part of Louisiana, it's clear that the "all clear" has yet to be given.