Friday May 26, 2006

American summer driving season starts

statesman.com :

Gulf Coast refineries are now operating at more than 90 percent of capacity in a continuing recovery from damage by last year's hurricanes that eases the pressure on gasoline prices as drivers head into the Memorial Day weekend.

The summertime holiday driving season begins this weekend, and the annual hurricane season arrives next week even as oil companies and refiners continue to repair the damage from 2005. Although refining capacity is nearly back to normal, 22 percent of Gulf of Mexico oil production and 13 percent of natural gas production were still out of service as of May 22, according to the Minerals Management Agency.

Last week, Royal Dutch Shell said its Mars platform, the largest producer in the Gulf, could be restored by the end of June. The 140,000-barrel offshore well platform had been out of service since Aug. 31 when Hurricane Katrina hit.

(2006-05-26 10:24:14 SGT) [Energy] Permalink

Most popular blog postings on lowem.log :

1. Singapore MRT rail network length to double by 2020
2. 2010 Nissan Leaf electric car specifications : 107hp, 24KWh lithium-ion batteries, 100-mile range
3. Live spot gold price quotes chart on COMEX
4. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option
5. AVG Anti-Virus Free Edition 2011 direct download link
6. Real-time live gold and silver price quotes chart on COMEX
7. Singapore electric vehicles : Government agencies EMA and LTA to study EV introduction
8. Book review : Shut Down by William Flynn

Featured articles on lowem.log :

1. Book review : Shut Down by William Flynn
2. Singapore electric cars testing starts with 9 electric vehicles
3. Honda, GS Yuasa JV to make lithium-ion batteries for 2010/2011 Honda Civic Hybrid
4. 2010 Honda Civic Hybrid preliminary specifications released
5. 2010 Honda CR-Z hybrid, 2010 Honda Fit/Jazz hybrid models confirmed
6. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option
7. NYMEX crude oil recovers from $32.40 low after 2.2 mbpd OPEC production cut announced
8. Singapore : Nuclear power not ruled out