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Views Mixed on U.S. Oil Storage Crunch

March 26, 2015 3:19 pm | by Andy Szal, Digital Reporter | Articles | Comments

For some, the news triggered speculation that declining storage space in the U.S. - at a time when the market already has too much oil - could further erode crude prices. Others believe the nation's oil capacity is already at or near its peak with millions of gallons of potential space to spare.

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Ethanol Exports Reach Highest Level in Four Years

March 26, 2015 3:05 pm | by U.S. Energy Information Administration | News | Comments

According to EIA monthly supply data through December 2014, U.S. exports of fuel ethanol in 2014 reached their second-highest level at a total of 826 million gallons. This level was second only to the 1.2 billion gallons exported during 2011 and 33 percent more than exports of fuel ethanol in 2013.

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Japan Uses Climate Cash for Coal Plants

March 26, 2015 2:57 pm | by Karl Ritter & Aijaz Rahi, Associated Press | News | Comments

In December Japan counted $1 billion in loans for coal plants in Indonesia as climate finance, angering critics who say such financing should be going to clean energy. Japanese officials now say they are also counting $630 million in loans for coal plants in Kudgi, India, and Matarbari, Bangladesh, as climate finance.

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Feds Say Monsanto Released Dangerous Chemicals at Idaho Plant

March 26, 2015 2:47 pm | by Keith Ridler, Associated Press | News | Comments

Monsanto Corporation has agreed to pay $600,000 in fines for hundreds of uncontrolled releases of dangerous chemicals at its phosphate plant in Soda Springs, Idaho.

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Shell Cuts Staff in North Sea

March 26, 2015 2:43 pm | by Associated Press | News | Comments

The oil company said the cuts are part of a range of initiatives it has been pursuing to manage costs and improve competitive performance.

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Lawmakers Unhappy with New Fracking Rules

March 26, 2015 2:36 pm | by Kevin Freking, AP | News | Comments

Republican and Democratic lawmakers in the House have found something in common. Many have issues with the Obama administration's new regulations requiring companies that drill for oil and natural gas to disclose chemicals used in hydraulic fracturing.

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Top Tips For EHS Asset Performance — No. 1

March 24, 2015 4:57 pm | by Greg Goodwin, LNS Research | Blogs | Comments

This week, we're counting down the top five environment, health and safety asset performance management considerations chemical manufacturers need to know. Find out what comes in at No. 1!

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Must-Know Tips For EHS Asset Performance Management — No. 2

March 24, 2015 4:55 pm | by Greg Goodwin, LNS Research | Blogs | Comments

This week, we're counting down the top five environment, health and safety asset performance management considerations chemical manufacturers need to know. Today's insider tip: The Cloud and Big Data will combine to greatly increase process equipment reliability.

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Top Tips For EHS Asset Performance — No. 3

March 24, 2015 4:32 pm | by Greg Goodwin, LNS Research | Blogs | Comments

This week, we're counting down the top five environment, health and safety asset performance management considerations chemical manufacturers need to know. Today we look at increased focus on sustainability and waste reduction.

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Chinese Chemical Company Set to Acquire Pirelli

March 24, 2015 4:21 pm | by Andy Szal, Digital Reporter | News | Comments

The acquisition would give China the intellectual property of the world's fifth-largest tire maker, while giving Pirelli greater access to the world's largest auto market amid potential competition in Asia from Michelin and Continental.

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Study: Electric Cars Could Alleviate Urban Heat

March 24, 2015 4:14 pm | by Andy Szal, Digital Reporter | News | Comments

Researchers from Michigan State University reported electric vehicles only emit about one-fifth the heat of conventional gas-powered vehicles. In areas with heavy traffic, scientists argued reducing heat emissions from cars could also lead to residents using less air conditioning.

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Door Opens For Fracking Wildcatters in North Carolina

March 24, 2015 3:53 pm | by Andy Szal, Digital Reporter | News | Comments

But skeptics questioned how soon the natural gas industry could get up and running in a state without a history of such drilling.

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$20 Oil Could Be a Reality if This Happens

March 24, 2015 3:43 pm | by Bloomberg Business | Videos | Comments

The U.S. is pumping so much oil it's running out of places to stash it, and that could have a big impact on oil prices.

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Feds Under Fire For Mass Killings of Starlings in Nevada

March 24, 2015 3:33 pm | by MARTIN GRIFFITH, Associated Press | News | Comments

A U.S. Department of Agriculture spokesman said a pesticide was used to destroy the birds to prevent the spread of disease to dairy cows.

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Japan Audit: Millions of Dollars Wasted in Fukushima Cleanup

March 24, 2015 3:28 pm | by MARI YAMAGUCHI, Associated Press | News | Comments

A Board of Audit report describes various expensive machines and untested measures that ended in failure.

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