• The Who, What, Where, Why and When of the Strategic Petroleum Reserves

    The Strategic Petroleum Reserve (SPR) is the United States' emergency oil stockpile, and it is the largest emergency petroleum supply in the world. The reserve stores about 700 million barrels of crude oil in underground salt caverns at four sites along the Gulf of Mexico. A barrel contains 42 gallons or 159 liters of oil. Each cavern is about 2,000 feet deep and holds about 10 million barrels of oil. The government uses salt caverns because it costs less than storing oil in aboveground tanks...
  • Greenpeace Alleges Dow Chemical Espionage in Lawsuit

    Greenpeace has sued Dow Chemical, another major chemical company Sasol North America, their public relations firms, and alleged individual employees of Beckett Brown International, claiming the collective went through James Bond-like efforts to dig up reconnaissance on the eco-activist nonprofit.
  • Eunice Sanborn dies at age of 114 years and 195 days, was oldest person alive

    Eunice Sanborn of Texas died on the morning of January 31, 2011, reported the Associated Press.
  • US Products Outlook-Gasoline shines as stocks down

    Gasoline differentials in markets east of the Rockies are expected to hold unseasonal strong levels this week, after last week's surprise drawdown in inventories, as disciplined refiners hold the line on production, industry sources said on Monday.