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A fire burned for a third day in two fuel storage tanks at Venezuela's biggest refinery on Monday, putting in doubt plans to quickly restart the facility after one of the worst accidents to hit the global oil industry for decades.
A surprise surge in gasoline prices is taking some of the fun out of summer. The national average for a gallon of gas at the pump has climbed to $3.67, a rise of 34 cents since July 1. An increase in crude oil prices and problems with refineries and pipelines in the West Coast and Midwest, including a fire in California, are mostly to blame.
Senh: What? One oil refinery fire in Richmond, California, and gas prices go up. Damn.
A massive fire that shut down Chevron Corp's large Richmond, California, refinery on Monday, was extinguished by the early hours of Tuesday, Chevron said, leaving residents and oil traders seeking answers to the hours-long blaze.
Senh: Oil traders were seeking answers to refinery fire in Richmond, CA? Dang, that guys are hardcore traders.
An explosion and fire at a Washington state oil refinery shook homes and shot flames into the night sky early Friday, killing three people and critically injuring four others....