Oil drillers in central California have resorted to the costly and cumbersome alternative of trucking crude barrels 50 miles.
Three years ago, California built a first-in-the-nation system aimed at protecting drivers when oil markets turn calamitous.
The S&P 500 has experienced a challenging two-week period marked by escalating geopolitical tensions, sector rotation into defensives, and technical deterioration. In light of this, below is a list of ...
The war in Iran has given the governor an opportunity to shift focus away from refineries idling. He’s taking it.
A plan to strengthen California's climate program faces pushback as industry groups and some lawmakers warn the changes could ...
The price gap is even more pronounced in the Bay Area -- showing the downed refinery and the failure to tap inventories is driving the problem. Gas prices in Oakland and San Francisco today are $5.60 ...
The U.S. aims to fill gaps in global oil and gas demand from the Iran war, but big worldwide shortfalls mean big profits.
With WTI at $96 and diesel futures surging, U.S. oil refiners are generating crack spreads near $40 a barrel — potentially the most profitable environment in decades for MPC, VLO, PSX, and PBF.
Valero Energy (VLO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Institutional money is moving into U.S. refiners with conviction, and the earnings data backs it up. Marathon Petroleum (NYSE: MPC), Phillips 66 (NYSE: PSX), and Valero Energy (NYSE: VLO), have all ...