Demand, at an alltime high of 9.1 million bbl. a day, is outstripping the capacity of U.S. refineries.
Every day Valero turns 2 million bbl. of crude oil into 40 million gallons of gasoline--10% of the nation's supply.
His Oslo-based Frontline operates 62 crude oil carriers, the world's largest fleet, with a total capacity of 110 million bbl.
Wood Mackenzie, a respected global compiler of oil and gas data, estimates the Bakken reserves are more like 9 billion bbl.
It's approaching ExxonMobil's total proved reserves of 28 billion bbl.
The additive made up 11% of California gasoline by volume, but only half that volume can be replaced by ethanol, forcing refiners to produce an extra 100, 000 bbl. a day of gas to meet demand.
The team, which share facilities at De Montfort University, won its first trophy in 12 years on Sunday when it defeated Newcastle in the BBL Cup.
It's enough oil to supply the entirety of U.S. demand (roughly 20 million bbl per day) for three years.
U.S. oil output is now at 6.5 million bbl per day, in third place after Saudi Arabia and Russia (both at roughly 9.8 million bpd).
The business may sound opportunistic, but for the desperate housewife (or househusband), a BBL loan is a lifeline.
He was relieved to hear of BBL Churchill through his lawyer.
Europe's mining sector was down 2.1%, with BHP Billiton (nyse: BBL - news - people ) diving by 6.3% and Rio Tinto (nyse: RTP - news - people ) giving back 5.0% in London.
If the judge doesn't award a big settlement, BBL won't get paid.
Having top-scored for his side in both of their weekend games, Paez was named in the BBL's team of the week.
Last spring, he launched BBL Churchill, New York's first lending outfit specializing in divorce.
After being given permission to postpone their scheduled fixtures for December, they are due to resume their BBL programme on Sunday, 3 January when they will travel to Sheffield Sharks.
The Wolves will host Cheshire Jets for a BBL Trophy pool game at the University of Worcester on Saturday, 18 September with tip-off at 1900 BST.
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