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The Carlyle Group and Sunoco to form Philadelphia refinery joint venture

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have agreed to form Philadelphia Energy Solutions, a joint venture that will enable the historic Philadelphia refinery to continue operating. The refinery, the oldest continuously operating one on the east coast, processes 330,000 barrels of oil per day into various refined products and was scheduled for shut down in August of 2012.

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Battle Motors acquires Crane Carrier Company; Class 7 and 8 vocational truck electrification

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Crane Carrier Company (CCC) has been manufacturing commercial vehicles for 75 years and is based in New Philadelphia, Ohio with 180 sales and service dealers throughout North America.

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EIA: US retail diesel prices increase to >$6 per gallon in the Northeast; nearly equal to California

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Prices of distillate fuels change with the price of crude oil and with developments specific to distillate product markets. In 2022, both low global distillate fuel inventories and high crude oil prices have been contributing to higher global distillate prices. gal, according to EIA’s Gasoline and Diesel Fuel Update.

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Lithium Americas begins construction at Thacker Pass

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Thacker Pass is targeting 80,000 tonnes per annum (tpa) of battery-quality lithium carbonate (Li 2 CO 3 ) production capacity in two phases of 40,000 tpa, respectively (“Phase 1” and “Phase 2”). Phase 1 production is expected to commence in the second half of 2026. Earlier post.) EXP Global Inc.

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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

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He also continued his calls for the oil industry to increase refinery capacity to increase production. An update was due 21 June, but EIA said that data product releases scheduled for this week—20 June 2022—will be delayed as a result of systems issues.) Hence, the importance of increasing crude oil production.

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Delta Air Lines subsidiary buying refinery for $150M; 80% of Delta’s US jet fuel needs via direct production and exchange

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Delta Air Lines‘ wholly-owned subsidiary Monroe Energy LLC has reached agreement with Phillips 66 to acquire the Trainer refinery complex south of Philadelphia. about 10 miles southwest of downtown Philadelphia, the Trainer complex has a crude oil processing capacity of 185,000 barrels per day and processes mainly light, low-sulfur crude oil.

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Engineered Tobacco Plants Have Potential As Biofuel Feedstock; Expressing Oil in the Leaves

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Researchers from the Biotechnology Foundation Laboratories at Thomas Jefferson University in Philadelphia have identified a way to increase the oil in tobacco plant leaves, which may be the next step in using the plants for biofuel. Tobacco possesses potent oil biosynthesis machinery and can accumulate up to 40% of seed weight in oil.

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