| Valero to shut down Delaware refinery, lay off 550 workers Valero Energy Corp. said Friday that it will permanently close the company’s Delaware City, Del., refinery due to ongoing financial losses. The shutdown will affect 550 employees at the plant. (VLO) bizjournals.com |
Toyota sets plans for electric, fuel cell vehicles Toyota Motor Corp. said it is debuting a plug-in hybrid Prius as part of a global demonstration program, and will market a fully electric vehicle around 2012. (TM) bizjournals.com |
Environmental groups, natural gas companies debate impact of Marcellus Shale drilling There’s more to the Marcellus Shale boom than economic development and water concerns. There also are air quality concerns, says a growing chorus of environmental groups. With matched enthusiasm, industry companies are rushing to dismiss the claim. bizjournals.com |
Avista’s Washington customers could see rate decrease Avista Corp.’s 232,000 Washington state customers could see their electricity rates fall by 7 percent next month. (AVA) bizjournals.com |
AAA: Demand for gasoline at all-time low Historically low demand at the nation’s gas stations has kept pump prices stable this week, notes AAA’s Weekend Gas Watch report. The U.S. Department of Energy and the Oil Price Information Service continue to report sluggish demand for fuel. bizjournals.com |