Sugar Land News
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Sugar Land, Texas, plans to pump $50 million into new parks around the city of 85,000, just the kind of project President Barack Obama wants to revitalize the U.S. economy by spurring investment in aging infrastructure.
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Exports of diesel fuel from the U.S. Gulf Coast are poised to climb as refineries returning from maintenance boost production, widening the price gap between the Gulf and Europe while freight rates hover near a six-month low.
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Gulf Coast oils strengthened in the spot market as the bulk of spring refinery maintenance is ending, bringing back demand for crude.
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Gulf Coast crudes strengthened against domestic benchmark West Texas Intermediate after a government report showed reduced imports to the region.
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Gasoline fell as Brent crude oil, the pricing basis for gasoline imports, weakened versus West Texas Intermediate. Gasoline’s crack spread over WTI narrowed to the lowest level in a month.
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Billionaire investor Carl Icahn proposed three new Transocean Ltd. board candidates and said he’d push for a higher dividend after the world’s largest rig contractor offered what he termed a “meager” shareholder payout. The company called his plan “overly aggressive.”
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CVR Energy Inc. restarted the catalytic cracker at a refinery in Coffeyville, Kansas, after shutting it last week for unplanned maintenance, a person familiar with the work said.
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It’s a 106-degree Fahrenheit day in the Mojave Desert. Heat devils dance off chocolate-hued Clark Mountain on the horizon. Air-conditioned cars zip along Interstate 15 toward Las Vegas. And inside a chain-link pen covered to keep out predators are scores of rare, threatened, sand-colored desert tortoises.
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The Sugar Land Skeeters want Roger Clemens to pitch more than just baseballs this weekend.
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Roger Clemens could pitch for the last-place Houston Astros this season at the age of 50, team owner Jim Crane told the Association Press.
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