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Oil spill at Texas port dumps 450,000 gallons - CNN.com - 0 views

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    "(CNN) -- A tanker ship loaded with oil in the Port of Port Arthur, Texas, collided with two barges being towed by a tug boat, resulting in a spill of about 450,000 gallons of crude, according to the U.S. Coast Guard. No injuries were reported, but a 50-block area around the port was evacuated out of caution, as the tanker was carrying a type of oil containing sulfide. The portion of the port where the collision occurred will remain closed until it is deemed safe for workers and other vessels to return, Petty Officer Richard Brahm said. The Coast Guard has deployed 4,000 feet of boom, which helps corral the oil, with 10,000 more feet available for cleanup. Also on the scene are oil skimmers, three boom vessels, four 25-foot Coast Guard boats, the Coast Guard cutter Manowar and authorities from the local police and fire departments. There is almost no water flow in the area, so the oil isn't spreading out. --Coast Guard Petty Officer Richard Brahm RELATED TOPICS * Port Arthur * U.S. Coast Guard * Oil Prices The spill is in a "very still" area of the waterway, which is helping contain it, Brahm said. "There is almost no water flow in the area, so the oil isn't spreading out," he said. The port is primarily for industrial use, but Coast Guard Capt. John J. Plunkett said there are environmental concerns to marsh areas both up- and downstream of the spill. He said the spill hadn't reached those areas. The Coast Guard did not indicate how long cleanup will take. The investigation into the cause of the collision is ongoing. Port Arthur is about 100 miles east of Houston, near the Louisiana border. The biggest oil spill in U.S. history occurred in 1989 when the Exxon Valdez ran aground on a reef in the Gulf of Alaska, resulting in the spill of 11 million gallons of crude."
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Commodity Tips - 0 views

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    Commodity Tips services offering tips on commodity market to their customer for earning high profit on small investment. We at Commodity Tips provide commodity market trading tips and giving the maximum return on investments for our customer Its said a bull run in stocks remains 4 years similarly in commodity and MCX trading bull run last till 10-15 years. Therefore it can be said we are in middle of the bull run with still 7 years to go. People who trade in MCX (Gold,Silver etc...) and Commodities (Crude, Oil Etc...) hereby having a golden egg in their hands if they trade wisely. Even for a proper diversified portfolio one should keep a balance between Stocks and Commodity trading such that maximum returns can be ploughed in any kind of market BULL OR BEAR. Commodity Tips
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