Sunday, February 23, 2025
Trans Mountain oil pipeline request heads to Friday regulatory hearing- oil and gas 360

Trans Mountain oil pipeline request heads to Friday regulatory hearing

Nasdaq WINNIPEG, Manitoba – The Canada Energy Regulator (CER) will conduct a hearing on Friday about Trans Mountain Corp’s TMC.UL request for a change in construction to complete expansion of its oil pipeline from Alberta to British Columbia, according to a filing on Monday. The long-delayed project will nearly triple shipments of crude to 890,000 barrels per day once it starts operating,

Oil prices firm on Middle East crisis and Libya outage- oil and gas 360

Oil prices firm on Middle East crisis and Libya outage

Investing LONDON – Oil prices rose on Tuesday as the Middle East crisis and a Libyan supply outage reduced the previous day’s heavy losses. Brent crude futures were up $1.07, or 1.41%, at $77.19 a barrel by 1515 GMT and U.S. West Texas Intermediate crude futures gained $1.12, or 1.58%, to $71.89. At their intra-day peaks both benchmarks were up by

American Gasoline Prices Could Plunge Below $3 A Gallon- oil and gas 360

American gasoline prices could plunge below $3 a gallon

Oil Price The U.S. national average price per gallon of gasoline could decline to under $3 for the first time since 2021, amid sluggish demand, GasBuddy’s Patrick De Haan said on Monday. Gasoline prices have fallen for the second straight week, down 3.8 cents from a week ago to $3.03 per gallon as of Sunday. Compared to a month ago, the