BUSINESS | US Oil Prices Plunge Below $0, Producers May Pay To Get Rid Of Crude Glut
MARLO SAFI CONTRIBUTOR Oil prices plunged into the negatives Monday, suggesting those who have oil to sell were willing to pay others in order to get rid of the oil as barrels continue to be stockpiled in any available space companies can find in storage facilities, the New York Times reported. The oil market faces […]
City Council in opposition to Phillips 66 rail extension proposal to transport crude oil through Moorpark
At their December 17th meeting the Moorpark City Council was asked by staff to consider submitting a letter to the San Luis Obispo County Planning Commission on the proposed extension of the Phillips 66 Company’s Santa Maria refinery rail spur. The matter was continued from December 3, 2014 so Mayor Pro Tem Keith Millhouse could […]
