Business

Americans to Celebrate Independence Day With Road Trips

Americans will take to the roads in record numbers over the July 4 holiday as the improving job market and lower fuel prices spur more people to splurge on getaways, a forecast by AAA shows.

Lynn Doan | Bloomberg News
June 25, 2015
Business

BNSF Charging Less to Lug Oil in Cars That Meet Latest Federal Specs

Burlington Northern Santa Fe, the largest U.S. crude-by-rail carrier, is offering lower rates to lug oil in cars that meet the latest federal specifications issued in May.

Lynn Doan | Bloomberg News
June 18, 2015
Business

BNSF Expects Crude-by-Rail Volumes to Grow After Price Rebound

A 37% rebound in oil prices will boost crude-by-rail shipments as drillers complete more wells and extract more crude that U.S. pipelines don’t have the capacity to handle, Burlington Northern Santa Fe executive chairman Matthew Rose said June 15.

Lynn Doan | Bloomberg News
June 16, 2015
Safety, Business, Logistics

Trains Slow Petroleum Shipments After Derailment

Rail shipments of crude and refined products fell last week to the lowest level since October 2013 after a derailment shut a track in Illinois for four days.

Dan Murtaugh | Bloomberg News
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Lynn Doan | Bloomberg News
March 19, 2015
Business

Striking Oil Workers, Shell Said to Reach Tentative Deal

The United Steelworkers union representing 30,000 U.S. oil workers has reached a tentative deal on a new four-year contract offered by Royal Dutch Shell Plc on behalf of oil companies, a person familiar with the talks said.

Lynn Doan | Bloomberg News
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Barbara Powell | Bloomberg News
March 12, 2015
Business, Fuel

Shell-Oil Union Talks to Resume This Week Over Strike

Royal Dutch Shell Plc and the United Steelworkers, which represents 30,000 U.S. oil workers, are said to be planning to restart talks this week to resolve a labor dispute as more workers joined in the nation’s biggest refinery strike since 1980.

Lynn Doan | Bloomberg News
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Barbara Powell | Bloomberg News
February 23, 2015
Business

Gasoline Prices Rise For Second Time Since June in Survey

The average price of regular gasoline at U.S. pumps rose for the second time since June, climbing 13.2 cents in the past two weeks to $2.32 a gallon, according to Lundberg Survey Inc.

Jessica Summers | Bloomberg News
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Lynn Doan | Bloomberg News
February 23, 2015
Business

US Oil Workers Reject Shell's Contract Offer Prolonging Strike

The United Steelworkers, representing more than 30,000 U.S. oil workers, instructed members to reject a seventh labor contract offered by Royal Dutch Shell Plc as the biggest refinery strike since 1980 dragged on.

Lynn Doan | Bloomberg News
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Barbara Powell | Bloomberg News
February 20, 2015
Business

West Coast Terminal Operators to Halt Loadings a Second Time

Terminal operators at ports along the U.S. West Coast will, for the second time in less than a week, suspend vessel loadings amid a labor dispute with dockworkers.

Lynn Doan | Bloomberg News
February 12, 2015
Business, Fuel

Gasoline Price Breaks Unprecedented 123-Day Losing Streak With Half-Penny Rise

Just when the U.S. was pennies away from reaching $2 a gallon at the pump, prices rebounded.

Lynn Doan | Bloomberg News
January 28, 2015