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Wednesday, November 25, 2020

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  • Martin Rushmere (2) (X)

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The new normal for the Jones Act -- big profits?

Posted to Martin Rushmere (by Martin Rushmere) on December 30, 2013

There’s been a new twist to the Jones Act, sending another signal that it’s time for change. Money crunchers are making a huge profit from the artificial market in the domestic oil trade. ExxonMobil has chartered the Overseas Cascade at $110…

Fracking could be the new future for some ports

Posted to Martin Rushmere (by Martin Rushmere) on April 28, 2013

Northwest and as the door on a coal terminal closes, another opens for hydraulic fracturing (fracking). Gray’s Harbor, normally associated with autos and breakbulk, is eyeing a huge bonanza in the form of crude-by-rail. The stuff will probably come from the fields…