Freezing Weather Brings Unplanned Shutdowns, Reduced Rates to Texas Refineries, an Industrial Info News Alert

Researched by Industrial Info Resources (Sugar Land, Texas) — The recent spate of below-freezing weather is having its effect on the Refining Industry, particularly in Texas, causing unplanned slowdowns and shutdowns at some of the state’s refineries. The freezing weather conditions have forced an unplanned shutdown at Western Refining Incorporated’s... 

Western Refining Wholesale Turns to KSS Fuels for Pricing Intelligence Solution to Maintain Competitive Edge

Western Refining Wholesale, a division of Western Refining Inc., an independent refining and marketing company headquartered in El Paso, Texas, will use KSS Fuels’ RackPrice wholesale pricing solution to help it manage fuel prices at its wholesale locations. Western Refining is a crude oil refiner, wholesale fuel and lubricants distributor and retailer... 

Longhorn Experiences Marked Increase in Shipments of Product to Southwestern Markets

Longhorn Pipeline Inc., a wholly-owned subsidiary of Flying J Inc., reported that there has been a marked increase in recent shipment activity since Flying J secured a revolving DIP facility with Merrill Lynch on February 27. As part of this arrangement, Longhorn has been granted extended use of line fill inventory and cash collateral that was financed... 

Thorium Power Taps Nuclear Industry Veterans for Senior Management Team

Thorium Power, Ltd., the leading developer of non-proliferative nuclear fuel technology and a key provider of comprehensive advisory services, today announced the appointment of two new members to its senior management team. Kevin Yessian will serve as Thorium Power’s Vice President for Consulting Services while Linda Byus will be an Advisor on... 

As Crude Oil Prices Tumble, So Do Gasoline Prices – Down 7 Cents in the Lone Star State

Gasoline prices fell another 7 cents last week in Texas as the average price for a gallon of gasoline dropped below $3.74 a gallon. That’s down nearly a quarter from the record average high of nearly $3.99 a gallon on July 17th. Nationally prices fell to $3.85 a gallon, down 26 cents a gallon since the high of $4.11 a gallon, also on July 17th. Corpus...