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In April, Kinder Morgan proposed a 277,000 barrel per day "Freedom" pipeline that would transport light sweet crude from the West Texas Permian Basin to refiners supplying Los Angeles and southern California. But, it had no takers. Downstreamtoday.com reported that refiners such as Valero Energy Corp., Tesoro Corp and Phillips 66 declined to sign contracts with Kinder Morgan, and instead will continue to rely on rail cars and barges to deliver the oil from North Dakota, Canada and Texas to the refineries.
The payment is part of a time-honored practice of paying out death benefits to lawmakers' families. But it's caught the eye of government watchdogs who say it's time to put an end to that practice.
Rebel military sources said spotters saw missiles draped in tarpaulins on the launchers, as well as trailer trucks carrying other rockets and equipment. More than two dozen Scuds – 11-metre (35-foot) long ballistic missiles with ranges of 300km (200 miles) and more – were fired from the base in the Qalamoun area this year, some of which hit even Aleppo in the far north.
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Yesterday’s second-quarter figures saw profitability plunge as the company adjusted to the new gold price environment. However, Mark Bristow, Randgold’s chief executive, says the group will remain profitable despite the fall in price of the precious metal.
All monopolies and mega corporations are self destructive simply because they are not meant to serve the public to begin with, they only want the publics money for as little service as possible (operating costs).
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