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China's refiners processed 63.93 million metric tons of crude in October, equivalent to 15.05 million bpd, according to National Bureau of Statistics data released on Nov. 15. Crude imports were 48.97 million metric tons and domestic output was 17.33 million, giving a total of 66.3 million, equivalent to 15.61 million bpd. Subtracting the refinery throughput from the total crude available leaves a surplus of 560,000 bpd to be put into commercial or strategic reserves. China total crude available vs refinery processingFORECASTS TOO BULLISH? China's imports for the first 10 months of the year are 11.36 million bpd, which is 1.19 million bpd higher than for the whole of 2022.

Persons: refiners, China doesn't, Stephen Coates Organizations: National Bureau, Statistics, OPEC, International Energy Agency, BP, Reuters, Thomson Locations: Qingdao, Shandong province, LAUNCESTON, Australia, China, Asia, Saudi Arabia

☆ Researchers explored pitch-black pits in Yucatán's labyrinthine underwater caves to unlock the secrets of the rivers that provide drinking water to millions
▼ + stars: | 2023-11-19 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

AdvertisementThe Sac Actun cave system on Mexico's Yucatán Peninsula contains many wonders, from a 13,000-year-old skeleton to human artifacts and fossils of giant sloths. The underwater cave microbial communityThe cave system is a network of over 900 miles of connected caves that contain a mix of freshwater and saltwater. Caves flooded with coastal seawater had different microbes than The Pit, a deep cenote exposed to the surface, for example. For example, she noted that a planned train system from Cancún to the Yucatán Peninsula could affect the cave system. The potential for contamination is a problem anywhere there are caves, Osburn said.

Persons: —, It's, Magdalena, Osburn, Natalie Gibb, Comamonadaceae Organizations: Service, Northwestern University, Microbiology, Reuters Locations: Cancún, In Kentucky

Gasoline prices are displayed at an Exxon gas station behind American flag in Edgewater, New Jersey, U.S., June 14, 2022. By September and October, gasoline stocks were increasing rather than falling as is normal at this point in the year. Gasoline margins fell by three-fourths to an average of less than $10 per barrel in October, among the lowest for a decade. In the meantime, the lower intake added to crude inventories and accelerated the pullback in crude prices and calendar spreads. Related columns:- U.S. oil prices slide as stocks accumulate at Cushing (November 16, 2023)- Oil traders turn bearish, daring OPEC⁺ to cut again (November 14, 2023)- Oil prices slump as fundamentals reassert themselves (November 9, 2023)John Kemp is a Reuters market analyst.

Persons: Mike Segar, Cushing, John Kemp, David Evans Organizations: Exxon, REUTERS, U.S . Commodity Futures Trading Commission, Thomson, Reuters Locations: Edgewater , New Jersey, U.S, Cushing

☆ Russia lifts gasoline export ban - energy ministry
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

It said it could reimpose export bans if necessary, adding that stocks of gasoline had risen to around 2 million metric tons. "A decision was made to terminate the temporary ban on the export of motor gasoline." Russia, the world's top seaborne exporter of diesel, introduced a ban on fuel exports on Sept. 21 in order to tackle high domestic prices and shortages. The government eased restrictions on Oct. 6, allowing the export of diesel by pipeline, but kept measures on gasoline exports in place. Diesel is Russia's biggest oil product export, at about 35 million metric tons last year.

Persons: Tatiana Meel, Vladimir Soldatkin, Andrew Heavens, Kevin Liffey Organizations: REUTERS, Rights, Diesel, Reuters, Thomson Locations: Nakhodka Bay, Nakhodka, Russia, Soviet, Belarus, Kazakhstan, Armenia, Kyrgyzstan, OPEC

☆ The drop in oil prices is good news for the war on inflation, but don't expect an overnight change
▼ + stars: | 2023-11-17 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

The big drop in oil prices is great news for consumers and the war on inflation. Additionally, higher oil prices contribute to inflation directly by increasing the cost of inputs, such as food packaging. It would seem reasonable to assume the opposite is true: falling oil prices will decrease inflation. Energy analyst Andy Lipow tells me that while it is reasonable to assume falling oil prices will reduce inflation, falling prices may not reduce inflation as much or as fast as rising prices increase inflation. "When oil prices fall, we do not see gasoline and diesel prices fall as quickly — certainly not at the retail level."

Persons: Daniel Yergin, CNBC's Becky Quick, Jay Powell, Andy Lipow, — Organizations: P Global, Chevron, U.S . Senate, Energy Locations: U.S, China, Israel

[1/2] The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. U.S. crude stocks rose by 3.6 million barrels last week to 421.9 million barrels, according to the U.S. Energy Information Administration (EIA), far exceeding analysts' expectations in a Reuters poll for a 1.8 million-barrel rise. Diesel inventories fell more than expected at 1.4 million barrels. The International Energy Agency on Tuesday joined OPEC in raising oil demand growth forecasts for this year, despite projections of slower economic growth in many major countries. European Union diplomats said Russian oil tankers are not targeted in the European Commission's proposal for tightening implementation of a price cap on the country's crude oil.

Persons: Angus Mordant, Brent, John Kilduff, Arathy Somasekhar, Paul Carsten, Sudarshan Varadhan, Laura Sanicola, Marguerita Choy, David Gregorio Our Organizations: REUTERS, HOUSTON, . West Texas, U.S . Energy Information Administration, Organization of, Petroleum, International Energy Agency, Tuesday, Financial Times, Thomson Locations: Loving County , Texas, U.S, contango, Asia, New York, Saudi Arabia, Russia, OPEC, Denmark, Houston, London

U.S. crude stocks rose by 3.6 million barrels in the last week to 421.9 million barrels, according to the U.S. Energy Information Administration (EIA), far exceeding analysts' expectations in a Reuters poll for a 1.8 million-barrel rise. U.S. domestic crude production stayed at a record 13.2 million barrels per day, the data showed. In an indication of strong demand, gasoline stocks saw a surprise draw of 1.5 million barrels, while diesel stocks drew more than expected at 1.4 million barrels. American Petroleum Institute figures on Tuesday had showed rising crude oil and gasoline inventories last week, according to market sources. Downward pressure on oil prices may come from the supply side, with the United States "likely at peak production for crude," while the delayed release of its oil data makes the investment situation more opaque, Evans said.

Persons: Agustin Marcarian, Brent, John Evans, PVM, Evans, Arathy Somasekhar, Paul Carsten, Sudarshan Varadhan, Laura Sanicola, Raju Gopalakrishnan, Mark Potter, Jane Merriman, Emelia, Alexandra Hudson Organizations: REUTERS, HOUSTON, . West Texas, U.S . Energy Information Administration, American Petroleum Institute, International Energy Agency, Organization of, Petroleum, Financial Times, European Union, Alexandra Hudson Our, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Denmark, U.S, China, United States, Houston, London

☆ The promise and risks of deep-sea mining
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +13 min

The promise and risks of deep-sea mining A vast treasure of critical minerals lies on the ocean floor. All of these factors make deep-sea mining more appealing, supporters say. Environmentalists, however, say it’s a false dichotomy, as land mining will continue whether or not deep-sea mining is allowed. Any country can allow deep-sea mining in its territorial waters, and Norway, Japan and the Cook Islands are close to allowing it. For now, the ISA's members are hotly debating the best standards for deep-sea mining.

Persons: Gerard Barron, Margo Deiye, “ We’re, ”, Barron, “, Beth Orcutt, Jason Gillham, Joe Carr, Pradeep Singh, Kira Mizell, Julia Wolfe, Katy Daigle, Claudia Parsons Organizations: International Energy Agency, P Global, Authority, United Nations, ISA, Metals Co, Russia's JSC, Blue Minerals, Exploration, Metals, Clarion, Companies, U.S . Geological Survey, Benchmark Mineral Intelligence, The Metals Co, Northwest, Maine's Bigelow Laboratory, Ocean Sciences, Impossible Metals, NOAA, Research, Aquarium Research, Bigelow Laboratory, Research Institute, Sustainability, . Geological Survey Locations: Brazil, Norway, Japan, Cook, Vancouver, Blue, Blue Minerals Jamaica, China, Hawaii, Mexico, Nauru, U.S, Russia, France, India, Poland, Tokyo, Monterey

☆ Israeli Troops Deepen Search at Main Gaza Hospital for Evidence of Hamas
▼ + stars: | 2023-11-15 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +4 min

Israeli troops forced their way into Al Shifa hospital in the early hours of Wednesday and spent the day deepening their search, the army said. "The troops continue to search the hospital in a precise, intelligence-based, manner," army spokesperson Rear Admiral Daniel Hagari said at a press briefing late on Wednesday. "We have repeatedly called for a committee from the United Nations, the World Health Organization and the Red Cross to verify the lies of the occupation." Gaza health officials, considered reliable by the United Nations, say about 11,500 Palestinians are confirmed killed, around 40% of them children, and more are buried under the rubble. The United Nations Security Council on Wednesday called for urgent and extended humanitarian pauses in fighting for a "sufficient number of days" to allow aid access.

Persons: Nidal, Emily Rose, Israel, Daniel Hagari, Ezzat El Rashq, Al Shifa, Nidal al, Grant McCool, Howard Goller Organizations: Hamas, United Nations, World Health Organization, United Nations Security Locations: Emily Rose GAZA, JERUSALEM, Gaza's, Al Shifa, Qatar, Israel, Gaza, Egypt, U.N, Jerusalem

Israeli troops forced their way into Al Shifa hospital in the early hours of Wednesday and spent the day deepening their search, the army said. The military made no mention on Wednesday of finding any tunnel entrances in Al Shifa. "We have repeatedly called for a committee from the United Nations, the World Health Organization and the Red Cross to verify the lies of the occupation." Hamas-affiliated Shehab news agency reported early on Thursday that Israeli tanks raided Al Shifa from the complex's southern side and that gunfire was heard in the area. [1/7]A makeshift operating theater area is seen inside Al Shifa hospital during the Israeli ground operation around the hospital, in Gaza City November 12, 2023.

Persons: Israel, Daniel Hagari, Ezzat El Rashq, Al Shifa, Al, Ahmed El Mokhallalati, Nidal al, Emily Rose, Grant McCool, Howard Goller Organizations: Hamas, United Nations, World Health Organization, REUTERS Acquire, United Nations Security, Thomson Locations: GAZA, JERUSALEM, Gaza's, Al Shifa, Qatar, Israel, Gaza, Gaza City, Egypt, U.N, Jerusalem

☆ Israel approves some fuel for UN trucks in Gaza, source says
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

An aid truck arrives at a UN storage facility as the conflict between Israel and Palestinian Islamist group Hamas continues, in the central Gaza Strip October 21, 2023. REUTERS/Mohammed Salem/File Photo Acquire Licensing RightsBEIRUT, Nov 14 (Reuters) - Israel has given approval for 24,000 litres (6,340 gallons) of diesel fuel to be used by trucks for United Nations operations in the Gaza Strip, a humanitarian source said on Tuesday. The fuel is only meant for U.N. trucks, and not for hospitals, the source said. Gaza health officials have suspended operations at many of the enclave's hospitals due to lack of fuel and other supplies. Colonel Moshe Terto, who heads an Israeli defence ministry body that handles civil affairs in Gaza, said Israel is monitoring the fuel situation "on a daily basis".

Persons: Mohammed Salem, Axios, Israel, Moshe Terto, Terto, Maya Gebeily, Emily Rose, Chris Reese, Howard Goller Organizations: Hamas, REUTERS, Rights, United Nations, ., United, UNRWA, Thomson Locations: UN, Israel, Palestinian, Gaza, Rights BEIRUT, United States, Egypt, Beirut, Jerusalem

☆ Exxon Mobil Plans to Produce Lithium in Arkansas
▼ + stars: | 2023-11-13 | by ( Clifford Krauss | More About Clifford Krauss | ) www.nytimes.com time to read: +1 min

Exxon Mobil said on Monday that it planned to set up a facility in Arkansas to produce lithium, a critical raw material for electric vehicles, which pose one of the biggest challenges to the company’s oil business. It could also open the door for southern Arkansas to emerge as a major source of lithium. Most of the metal today comes from Australia and South America and much of it is processed in China. “Electrification is going to be a major component of the energy transition and we bring highly relevant experience to the production of lithium,” Dan Ammann, president of Exxon Mobil Low Carbon Solutions and a former top executive at General Motors, said in an interview. “We see an opportunity to deploy that will be highly profitable.”

Persons: Dan Ammann, “ Organizations: Exxon Mobil, Exxon, Natural Resources, Carbon Solutions, General Motors Locations: Arkansas, Australia, South America, China, “

[1/2] A Tesla electric vehicle is plugged to a charger in a parking lot in Teia, north of Barcelona, Spain, October 31, 2023. High interest rates and a subdued market are putting customers off, they warned, with Volkswagen's EV order intake half what it was last year. Reuters GraphicsFALLING BEHINDCritics have long warned that a lack of affordable EVs would eventually stall the steep sales growth boosted by early adopters and corporate fleets. A weaker performance in September, consumer sentiment surveys and bleak commentary from carmakers and dealers indicates that low growth era may have arrived. "We call it the valley of death, which we will be going through in 2024 to 2027: low residual values, high supply, and low demand," Nothard added.

Persons: Albert Gea, EVs, Thomas Niedermayer, Flavia Garcia, Tom Carvell, Martina, AutoTrader, Garcia, We'll, Critics, Felipe Munoz, Alistair Bedwell, Langston, Ben DuCharme, Philip Nothard, Nothard, Victoria Waldersee, Nick Carey, Giulio Piovaccari, Paul Lienert, Sumanta Sen, Alexander Smith Organizations: REUTERS, Tesla, Volkswagen, Mercedes, Benz, Reuters Graphics Dealers, Toyota, HK, Reuters Graphics, Ford, GM, United Auto Worker, JATO Dynamics, Langston, Cox Automotive, Thomson Locations: Barcelona, Spain, LONDON, Europe, Germany, Italy, Bavarian, Edinburgh, Scotland, Britain, BYD, Nio, U.S, Rome, Detroit

☆ UK petrol station group EG to buy Tesla charging units
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

A Tesla electric charging point stands unused in a car park, as Britain will ban the sale of new petrol and diesel cars and vans from 2030, five years earlier than previously planned, in London, Britain, November 18, 2020. REUTERS/Simon Dawson/File Photo Acquire Licensing RightsLONDON, Nov 13 (Reuters) - British petrol station operator EG Group will buy Tesla's (TSLA.O) ultra-fast charging units to help roll out its electric vehicle charging network across Europe, it said on Monday. The UK had just over 49,000 public electric vehicle charging devices installed as of Oct. 1, according to government figures. The "open network" Tesla chargers being bought by EG will enable all drivers to access them regardless of the brand of their vehicle, the company added. "The rapid installation of reliable, easy-to-use EV charging infrastructure is the right step towards a sustainable future," Tesla's senior director of Charging Infrastructure, Rebecca Tinucci, said.

Persons: Simon Dawson, Issa, Rebecca Tinucci, Sachin Ravikumar, Kate Holton Organizations: REUTERS, EG, Asda, Charging, Thomson Locations: Britain, London, Europe

But the major railroads hauled slightly fewer containers than a year ago and 11% fewer containers than four years earlier. The strong growth in manufacturing activity between the middle of 2020 and middle of 2022 was a rebound following the disruption caused by the first wave of the coronavirus pandemic and associated lockdowns. Since then spending has rotated back towards services and there has been little if any expansion in the manufacturing sector. Chartbook: U.S. manufacturing activityLack of growth is evident in industrial energy consumption. Three-quarters of all distillate fuel oils such as diesel are consumed in freight and manufacturing, according to data from the Energy Information Administration.

Persons: Andrew Kelly, Jobs, John Kemp, Jonathan Oatis Organizations: REUTERS, Federal Reserve, Bureau of Labor Statistics, Energy Information Administration, Thomson, Reuters Locations: IceStone, New York City , New York, U.S, Europe, China, doldrums

☆ Argentina's presidential rivals clash in key voter battlegrounds
▼ + stars: | 2023-11-13 | by ( Lucinda Elliott | ) www.reuters.com time to read: +5 min

[1/2] Argentina's presidential candidate Sergio Massa addresses supporters as he reacts to the results of the presidential election, in Buenos Aires, Argentina October 22, 2023. Center-left Peronist economy chief Sergio Massa faces libertarian outsider Javier Milei in the Nov. 19 vote, with polls suggesting a likely photo finish. "Both are scary," said Gonzalez, adding that most people she knew were planning to cast their votes for Milei. Massa pulled off a surprise win in the October first round, attracting 9.6 million votes, ahead of Milei on 7.9 million. There were nearly 10 million votes for other candidates, people who voted blank or spoiled ballots.

Persons: Sergio Massa, Martin Cossarini, Javier Milei, Pragmatist Massa, Fatima Gonzalez, Gonzalez, Massa, Joaquin Gonzalez, Milei, Patricia Bullrich, Mauricio Macri, Juan Schiaretti, Maria Elena Bazzano, Argentine Pope Francis, Luiz Inacio, Lula, da Silva, Romina Viola, Alberto Fernandez, Fernandez, Lucinda Elliott, Adam Jourdan, Rosalba O'Brien Organizations: REUTERS, Peronist, Milei, Massa, Reuters Graphics, Reuters, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Cordoba province, Milei, Cordoba, China, Argentine, Brazilian

The week starts off with a bevy of unpleasant surprises for the markets and the economy but with maybe a hope of good news on the inflation front. “The decline in oil prices will feature prominently in explaining October's CPI and PPI reports. Core CPI likely slowed in October as well, with lower prices of new and used cars, lower airfares, and lower shelter costs all leaning the same way. PPI inflation likely moderated in October, too, with diesel prices following crude oil prices lower, albeit not by as much as gasoline. Powell’s comments were not anything new, but the timing seemed to suggest he was dampening down enthusiasm in the markets.

Persons: Moody’s, Mike Johnson, ”, Bob Doll, Republican Sen, Tim Scott of, David Cameron, Rishi Sunak, Stocks, Bill Adams, Waran Bhahirethan, ” Adams, Jerome Powell spooked, ” Powell, Oliver Rust, Sam Bullard, ” Bullard Organizations: U.S, AAA, Louisiana Republican, GOP, Senate, Crossmark Global Investments, Republican, Tim Scott of South Carolina, Conservative, Analysts, Comerica Bank, PPI, CPI, Federal Reserve, International Monetary Fund, Central Bank, “, Wells Locations: U.S, Louisiana, Tim Scott of South, London, Iraq, Syria, Gaza City, September’s, Israel, Washington

☆ Why these industrial giants are betting on the transition to clean energy
▼ + stars: | 2023-11-13 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

"Right now, some of our favorite secular themes are the mega trends benefitting from a wave of federal spending — and the energy transition is one of those themes," he explained. CAT YTD mountain Caterpillar (CAT) year-to-date performance Elsewhere, Caterpillar has said the "energy transition and growing global energy demand are increasing [it's] total addressable market and furthering opportunities for long-term profitable growth." In terms of the energy transition, the company's aerospace business could see a boost from its development of sustainable aviation fuels. CEO Vimal Kapur last month said the industrials giant is "beginning to feel the urgency behind [the] energy transition." "Honeywell is in a unique position to both help the world meet today's growing energy needs, while also enabling the energy transition," Kapur said.

Persons: we're, Jeff Marks, Linde, Wall, I'm, Jim Cramer, Vimal Kapur, Kapur, Jim Cramer's, Jim, Krisztian Bocsi Organizations: Linde, LIN, Honeywell, Caterpillar, Investing, ExxonMobil, Exxon, BMO Capital Markets, Bank of America, CAT, CNBC, Linde AG, Treatment, Berlin, Bloomberg, Getty Locations: U.S, Berlin, Germany

[1/4] Argentina's presidential candidate Sergio Massa speaks during a press conference a day after the first round of Argentina's presidential election, in Buenos Aires, Argentina October 23, 2023. But they are cautious about making hard predictions on the back of two bruising election surprises. However, pollsters Reuters spoke to said it was a "wide open" race and that either candidate could triumph. Lautaro Díaz, 35, who intends to vote for Milei, said Bullrich's backing had made the "possibility of (Milei) winning more real." Federico Aurelio, head of pollster Aresco, said the race was wide open, with plenty of time for skeptical voters to change their minds.

Persons: Sergio Massa, Cristina Sille, Javier Milei, Milei, pollsters, Vilker, Trespuntozero, Massa, Patricia Bullrich, Analogias, Bullrich, Lautaro Díaz, Matteo Bettini, Federico Aurelio, pollster Aresco, Nicolas Misculin, Horacio Soria, Adam Jourdan, Rosalba O'Brien Organizations: REUTERS, pollsters Reuters, Milei, Massa, University of San, Atlas Intel, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Massa, University of San Andres, Peronist

☆ Russia has tried to break Ukraine’s energy grid. This winter, Ukrainians are prepared for the worst
▼ + stars: | 2023-11-10 | by ( Victoria Butenko | ) edition.cnn.com time to read: +8 min

When Russia pounded Ukraine’s power grid with widespread and repeated waves of airstrikes last year, causing massive rolling blackouts, his wife had just given birth to their second daughter. As families like Gindyuk’s gird themselves for the possibility of another dark winter, Ukraine has been rushing to rebuild and protect its fragile energy infrastructure. The summer provided a respite for Ukraine’s power grid. “Ukraine’s power system continues to operate in an emergency mode, which affects both power grids and generation,” a news release accompanying the report said. Physical barriers have been erected around Ukraine’s high-voltage electricity transmission network, which is operated by the national energy company Ukrenergo .

Persons: Ukraine CNN — Oleksandr Gindyuk, Gindyuk, ” Gindyuk, Gindyuk’s, Vadym, “, ” DTEK, ”, Maxim Timchenko, ” Timchenko, Volodymyr Kudrytskyi, Ukrenergo, ” Kudrytskyi, Oleksandr Prokhorenko, Kateryna, Varvara, ” Prokhorenko, Serzhan Organizations: Ukraine CNN —, CNN, Ukraine’s Defense Intelligence, United Nations, Programme, European Union, Management Locations: Kyiv, Ukraine, Russia, Russian, Spanish, Valencia

☆ Exclusive: Russian fuel export ban to be lifted next week
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

Russia, the world's top seaborne exporter of diesel, introduced a ban on fuel exports on Sept. 21 to tackle high domestic prices and shortages. The government eased restrictions on Oct. 6, allowing the export of diesel by pipeline, but kept measures on gasoline exports in place. Energy Minister Nikolai Shulginov on Wednesday said that Russia was considering lifting the export ban on some grades of gasoline. Another industry source said the ban would be lifted next week. "They promised to lift the exports ban next week.

Persons: Shun, Tatiana Meel, Nikolai Shulginov, Diesel, Alexander Novak, Guy Faulconbridge, David Goodman Organizations: REUTERS, Rights, Reuters, Energy, Sunday, Thomson Locations: Nakhodka Bay, Nakhodka, Russia, Russian

☆ See what the future of zero-emissions transit looks like in suburban Maryland
▼ + stars: | 2023-11-09 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Montgomery County, Maryland aims to transition its electric bus fleet to zero-emissions by 2035. The microgrid is set to power a transit center for 200 zero-emissions vehicles and be the first on the East Coast to produce green hydrogen from renewables . Montgomery County opted to build a microgrid so it didn't have to rely on power from Pepco, the local utility. A rendering of another sustainable transit depot that Alphastruxure will build in Montgomery County, Maryland. "So we're going to have resilience, we're going to have green power 98% of the time, and we're getting our greenhouse-gas emissions down."

Persons: Catherine Boudreau, Michael Yambrach, Yambrach, Montgomery, AlphaStruxure, Carlyle, that's, Don Scheuerman, we're Organizations: Service, Montgomery, Schneider Electric, Montgomery County Department of General Services Locations: Montgomery County , Maryland, Silver, Montgomery, Montgomery County, Pepco

The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. Also weighing on prices, U.S. crude oil stocks rose by almost 12 million barrels last week, market sources said late on Tuesday, citing American Petroleum Institute figures. Data from China, the world's biggest crude oil importer, showed its total exports of goods and services contracted faster than expected, feeding worries about the energy demand outlook. Analysts from Goldman Sachs estimated seaborne net oil exports by six countries from oil producer group OPEC will remain only 600,000 bpd below April levels. The government eased restrictions on Oct. 6, allowing diesel exports by pipeline, but kept measures on gasoline exports.

Persons: Angus Mordant, Goldman Sachs, Warren Patterson, Ewa Manthey, Phil Flynn, Nikolai Shulginov, Brent, Stephanie Kelly, Paul Carsten, Muyu Xu, Marguerita Choy, David Gregorio Our Organizations: REUTERS, bbl, YORK, Brent, ING, American Petroleum Institute, U.S . Energy Information Administration, Price Futures, Goldman, OPEC, Barclays, Thomson Locations: Loving County , Texas, U.S, Russia, China, Israel, Gaza, Beijing, OPEC, Moscow

ATLANTA (AP) — People in Georgia will keep paying no state taxes on gasoline and diesel, at least until state lawmakers start a special legislative session. Brian Kemp on Wednesday extended the fuel tax rollback of 31.2 cents per gallon of gasoline and 35 cents per gallon of diesel until Nov. 29. Georgia’s governor can suspend the collection of taxes during an emergency as long as state lawmakers approve it the next time they meet. Tax revenues fell about 3% in October even though some fuel taxes were still flowing into state coffers after Kemp's September action. Fuel taxes in Georgia largely fund roadbuilding.

Persons: Brian Kemp, That's, Kemp, Garrison Douglas, Joe Biden, ” Kemp, “ Organizations: ATLANTA, —, Republican Gov, Democratic, AAA Locations: Georgia, Texas

☆ Fight, flight, or urine: 6 ways people have tried to keep orcas from destroying their boats
▼ + stars: | 2023-11-08 | by ( Maiya Focht | Jenny Mcgrath | ) www.businessinsider.com time to read: +7 min

From fog horns to bottles of urine, sailors are trying some wild ways to save their yachts. This latest sinking adds to the hundreds of incidents of orcas interacting with, damaging, and sometimes sinking boats over the last three years. Pouring gasoline or diesel fluid and urine into the water had no effect, according to the few sailors who tried it. Dumping a black water tank filled with a "bleach solution" seemed to provoke the orcas into ramming the boat more, according to one account. Serge MELESAN / 500px / Getty ImagesIf orcas damage your boat, the GTOA recommends calling the authorities.

Persons: orcas, It's, Chase Dekker, that's, Enrique Marcarian, GTOA, Lisa Schaetzle, Alessandro De Maddalena, Orcas, John Burbeck, Arturo de Frias, Alfredo López, it's, Serge MELESAN, Hanne Strager Organizations: Service, Cruising Association, Grupo, Orca Behavior, Reuters, CA, Washington Post, Cruisers Locations: Strait, Gibraltar, Spain, Morocco, Alaska

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