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Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360ยบ

million barrels in the Permian were cut by the recent cold weather that hit operations, according to estimates from analysts at consultancy Energy Aspects. refinery utilization stood at 85.6% Also capping demand was the final shutdown ofLyondellBasell Industries(NYSE: LYB ) 263,776 barrel-per-day (bpd) Houston refinery this month.

Refinery 130
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Labor and Employment Law FAQs Related to Hurricane Ida

The Energy Law

While employers may choose to do so for benevolent reasons (usually by utilizing Internal Revenue Code Section 139 outlined in question 9 below), they donโ€™t owe these employees pay for shifts missed due to the storm. Under the Fair Labor Standards Act , these non-exempt employees only need to be paid for time that they actually work.