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Posting ID: 3620381130Posted: 2013-02-15, 5:39PM PSTEdited: 2013-02-15, 5:39PM PSTemail to a friendSorry, I could not read the content fromt this page.
Saturday, June 15, 2013
Merkel party allies accuse Hollande of shaking EU
Merkel’s allies criticise Hollande after the French president says it is not for the European Commission to dictate the pace of reform in France
Read more from Financial Times
Restaurant Cashier *Immediate Interviews* Chicken Maison Restaurant (Redondo Beach, Torrance, Lawndale)
Posting ID: 3620538077Posted: 2013-02-15, 7:18PM PSTEdited: 2013-02-15, 7:18PM PSTemail to a friendSorry, I could not read the content fromt this page.
Oil rises on signs U.S. economy still needs stimulus
(Photo: Julien Tromeur, Flickr)NEW YORK — The price of oil rose Thursday on indications that the U.S. economy still needs the Federal Reserve to maintain its current stimulus measures.
Benchmark oil for July delivery rose 48 cents to $93.61 a barrel. That marked a reversal of Wednesday’s sentiment, when oil fell $1.88 on concerns the Fed would taper it stimulus program.
The government said the economy grew at 2.4 percent in the first quarter, slightly slower than initially estimated. Also, the number of Americans seeking unemployment aid rose last week, a sign layoffs have increased.
That makes it more likely the Fed will continue buying $85 billion of bonds each month in an effort to keep interest rates low and encourage borrowing, lending and investing. That environment has helped make oil a more attractive investment than low-yielding options such as bonds.
Meanwhile, the U.S. Energy Department’s Energy Information Administration said the nation’s supply of oil rose last week by 3 million barrels to 397.6 million barrels, the highest level since the government started collecting the data in 1978. But gasoline supplies fell by 1.5 million barrels just ahead of the Memorial Day weekend. That was twice the drop analysts expected and indicated that demand picked up during what is considered the start of peak driving season.
On Friday, ministers from the Organization of the Petroleum Exporting Countries will meet in Vienna to discuss, among other things, production levels. But more complex issues also face OPEC, including the rise of shale oil production in the U.S. The Paris-based International Energy Agency says total production could top 9 million barrels a day by 2018, which would mean near self-sufficiency for the U.S. as well as significantly less dependence on OPEC imports.
Brent crude, a benchmark for many international oil varieties, fell 24 cents to $102.19 a barrel on the ICE Futures exchange in London.
In other energy futures trading on Nymex:
— Wholesale gasoline rose 1 cents to $2.81 a gallon.
— Heating oil fell 3 cents to $2.84 per gallon.
— Natural gas shed 16 cents to $4.02 per 1,000 cubic feet.
SE OFRECE EMPLEO: Empleado(a)s en la cocina en un restaurant de Korean (Koreatown)
Estamos buscando a alguien dispuesto(a) y energetico(a) con la habilidad de trabajar en situaciones en presi?n.
Preferimos a alguien con experiencia.
-sea entusiasta y poder trabajar en equipo.
-tenga habilidad de trabajar en muchas cosas a la misma vez.
-sea capable de ser tranquilo y paciente en un ambiente apresurado.
Si esta interesado(a), por favor de mandarnos un curr?culo historial de trabajos y su informaci?n de contacto lo m?s pronto possible en su tiempo conveniente.
Si es posible mandenos un email en ingl?s. Posting ID: 3620465356
Posted: 2013-02-15, 6:31PM PSTEdited: 2013-02-15, 6:31PM PSTemail to a friendEnterprise Products to provide gasoline outlet
(Enterprise Products Partners)Enterprise Products Partners will transform two Texas docks into facilities that can send gasoline and other refined products overseas, aiming to capitalize on the nation’s transformation into a net exporter of the materials, the pipeline company said Thursday.
Houston-based Enterprise will transform a dock on the Houston Ship Channel and another in the Beaumont area into export facilities that can handle refined products. The docks will each be able to load 360,000 barrels per day of gasoline, diesel and other products onto ships headed to international markets, likely in South America and Europe, Enterprise spokesman Rick Rainey said.
With the move, Enterprise is hoping to capitalize on sweeping changes in the nation’s energy production and consumption, Rainey said.
Booming oil production from shale and other sources has prompted refineries along the U.S. Gulf Coast and elsewhere to ramp up operations. But at the same time, new vehicle standards issued by the Obama administration are forcing automakers to make more efficient cars that use less gasoline and diesel.
More: Enterprise Products profits rise as new projects launch
The result is declining fuel consumption in the United States at a time of increasing production of fuels from refineries.
The Enterprise facilities will provide a solution to the growing output of diesel and gasoline in the United States, Rainey said.
“There needs to be an outlet for those volumes,” he said.
The shift in U.S. fuel demand has been dramatic: In five years, the United States switched from a net importer of 1 million barrels per day of fuels to a net exporter in 2012 of 1 million barrels per day of refined products, according to Enterprise.
With domestic consumption expected to continue declining, more channels for exports will be needed, said Jason Stevens, an analyst for investment research firm Morningstar in Chicago.
“It’s a very savvy move on Enterprise’s part,” Stevens said. “The U.S. crude oil and refined products balances are shifting thanks to shale oil and exports of refined products will make increasing economic sense as the crude oil production volumes continue to grow.”
Exporter: U.S. poised to become a net energy exporter, Exxon Mobil forecasts
Enterprise would not disclose the cost for developing the new facilities, which will tap into an expanded storage network capable of retaining 12 million barrels of refined products. Those storage facilities take products from 10 Gulf Coast refineries, which have a combined output of about 3.3 million barrels per day, the company said.
To transform the docks, Enterprise will need to complete some dredging work and will modify equipment to handle refined products and larger vessels. Only the Houston Ship Channel site was in use, mainly for the shipping of natural gas liquids, Rainey said.
Enterprise expects the Beaumont facility to be completed in the first quarter of 2014, with the Houston Ship Channel site to be finished in the middle of 2014.
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Posting ID: 3620496657Posted: 2013-02-15, 6:51PM PSTEdited: 2013-02-15, 6:51PM PSTemail to a friend
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