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Pipeline explodes

Source: WDAF-TV Kansas City, MO


NEAR HOUSTONIA, Mo. — An overnight explosion at the Panhandle Eastern Pipeline Company, near Houstonia, lit up the sky for miles around. Fox 4 viewers from more than 30 miles away have reported seeing the fireball in the sky.


Emergency crews have reported evacuations following the explosion. As of early this morning, there had not been any injuries reported — however — the situation is still developing, and local police and media are being swamped with calls for information.


Fox 4 has crews working on this story and will provide updates here and on Fox 4 as soon as they come in. In the meantime, if you have photos to share, please send them to news@wdaftv4.com.


Posted on: 1:16 am, November 29, 2013, by Troy Diggs, updated on: 01:59am, November 29, 2013




Read more: Reported pipeline explosion rocks parts of Missouri | fox4kc.com
 
More on that 30 inch pipeline explosion and fire, including a video of the fire:


http://www.kshb.com/dpp/news/explosion-reported-in-pettis-county

Wow.
 
It appears that those natural gas pipeline leaks are far more dangerous than an Oil pipeline leak, but natural gas leaks are far easier to clean up.
 
Brent Falls, Premium to U.S. Oil Narrows

by Jeanine Prezioso
Reuters
Friday, November 29, 2013
by Jeanine Prezios

Traders said additional support for U.S. crude, frequently called West Texas Intermediate, came from short covering and a sell off in the contract's discount to Brent. Brent's premium to WTI blew out to more than $19 a barrel on Wednesday, and settled down at $16.97 a barrel on Friday.
U.S. crude did not settle on Thursday due to the Thanksgiving holiday in the United States, and players said many traders were out on Friday, leaving the market open to swings.
"Ultimately, (U.S. crude oil's earlier) run up was on relatively light volume, there was no fundamental shift," said Rich Ilczyszyn, chief market strategist and founder of iitrader.com LLC in Chicago.
Brent settled $1.17 lower at $109.69 a barrel, after trading as high as $111.50. The contract settled with a less than one percent gain on the month.
U.S. oil rose 42 cents to settle at $92.72 a barrel, off from the earlier high of $93.90. Oil trading closed at 1:30 p.m. EST on Friday
Click to expand...
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- See more at: RIGZONE - Brent Falls, Premium to U.S. Oil Narrows
 
Dec. 4, 2013, 4:29 a.m. EST
Oil futures keep climbing after U.S. supply drop

By Michael Kitchen and Barbara Kollmeyer, MarketWatch
MADRID (MarketWatch) — A surprisingly sharp drop in U.S. crude supplies sent oil futures higher in electronic trade Wednesday, extending their rally from the previous session, with a weaker U.S. dollar also supporting prices.
Crude oil for January delivery CLF4 +0.95% tacked on another $1.20, or 1.3%, to $97.24 a barrel, after shooting 2.4% higher in Tuesday’s New York Mercantile Exchange session.

Oil futures keep climbing after U.S. supply drop - Futures Movers - MarketWatch
 
They want their piece of the pie back!:cool:

3 December 2013 Last updated at 11:58 ET

BP gets UK government support over US contracts back


_69270279_deepwater.ap.jpg

The Deepwater Horizon oil platform exploded in April 2010 resulting in the worst oil spill in US history


The UK government has intervened in support of BP over a US ban on the oil major seeking federal contracts.
In a court filing lodged as part of BP's appeal against the ban, the document says the move could be "excessive" and "destabilising".
The US Environmental Protection Agency (EPA) barred BP from new contracts last year, after the 2010 Gulf of Mexico oil rig disaster in which 11 workers died.
The government said that what happened to BP affected UK jobs and pensions.
"It is the view of Her Majesty's government that the EPA's disqualification and suspension of multiple BP entities may have been excessive," the document says.

BBC News - BP gets UK government support over US contracts ban
 
Talking to several Gulf Coast people yesterday that are closely related to the Shrimp and Oyster industries..and they said that the Shrimping and Oyster beds have never been better....it's a boom for all involved and they have BP to thank..go figure..


E10 down to $2.70 today
 
Buster said:
Talking to several Gulf Coast people yesterday that are closely related to the Shrimp and Oyster industries..and they said that the Shrimping and Oyster beds have never been better....it's a boom for all involved and they have BP to thank..go figure..


E10 down to $2.70 today
Click to expand...
Still stinkin' $3.17 in GA!

It's Mother Nature at her best, she cleans herself and we can't stop that either.:D
 
EIA Petroleum Status Report

EIA Petroleum Status Report
Economic Calendar - Bloomberg
[TABLE="class: actual_consensus_box"]
[TR="class: actual_consensus_toprow"]
[TD]		PriorActual
Crude oil inventories (weekly change)
Gasoline (weekly change)
Distillates (weekly change)

[TD="class: econo-releaseinfo"] Released On 12/4/2013 10:30:00 AM For wk11/29, 2013 [/TD]

[TD="class: actual_consensus_box_numbers"]3.0 M barrels[/TD]
[TD="class: actual_consensus_box_numbers"] -5.6 M barrels [/TD]

[TD="class: actual_consensus_box_numbers"]1.8 M barrels[/TD]
[TD="class: actual_consensus_box_numbers"] 1.8 M barrels [/TD]

[TD="class: actual_consensus_box_numbers"]-1.7 M barrels[/TD]
[TD="class: actual_consensus_box_numbers"] 2.6 M barrels [/TD]
[/TD]
[/TR]
[/TABLE]
 
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