The longer the outage, the higher the chances of spiking prices and shortages like those that followed Hurricanes Katrina and Rita in 2005. The pipeline provides almost 40 percent of the South's gasoline. He said the relief effort was his way of giving back to those who need help. The pipeline company announced Thursday that it closed portions of the pipeline west of Lake Charles , La., as a result of the storm.
Marie from the Red Cross said, "This is a wonderful organization!" "We are starting to look into the future, understanding and knowing that we are now going to need volunteers to help with the recovery process which is damage assessment and case work".
Louisiana had become the last exit and entry point into refinery row on the U.S. Gulf Coast. In the refined product market, United States gasoline prices increased by 3% at $1.8380 per gallon, the most since 31 July 2015. Crude prices, by contrast, fell as the closure of so many USA refineries led to a slump in demand for the most important feedstock for the petroleum industry.
Microsoft CEO Satya Nadella said the partnership will help the company achieve one of its main priorities, which is to allow customers to access Cortana "everywhere and across any device", according to the announcement. While Google's Assistant isn't talking to any of its rivals, at least not yet, the open SDK for integrating Google Assistant has led to a trio of new speaker products to rival Google Home.
The beleaguered Japanese conglomerate confirmed that it tried its best to seal a deal but failed to come to an agreement with any of the interested parties. Toshiba has been in negotiations for months to sell off its chips business and pay for a disastrous move into the USA nuclear business. The report goes on to speculate that Apple's interest in the Japanese firm's flash chip business stems from fear of a scenario in which Western Digital (WD) and competitor Samsung are the only viable ...
It has outperformed by 51.23% the S&P500. It increased, as 38 investors sold MMP shares while 169 reduced holdings. During the same period in the prior year, the company posted $0.35 EPS. Since January 1, 0001, it had 0 insider buys, and 1 sale for $421,597 activity. Mizuho downgraded the stock to "underperform", which is equivalent to a "sell".