oil

Texas Refineries Gearing Up To Resume Operations
Hurricane Harvey shut down multiple refineries in Texas, idling about 25% of US production. Gasoline prices spiked almost immediately. There's good news on the horizon. AP reports, one of the country's largest refineries is gearing up to resume production...
BP To Launch Major Project In The Gulf Of Mexico
BP, PLC has announced plans to go forward with a major project in the gulf. They've reworked a 2013 proposal, trimming the cost of Mad Dog Phase 2 from $20 billion to $9 billion. Analysts see the decision to go forward as an indication of optimism in the future of oil prices.

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