Texas Refinery Is Saudi Foothold in U.S. Market

Texas Refinery Is Saudi Foothold in U.S. Market

Published: Friday, 5 Apr 2013 | 9:21 AM ET
By: By Clifford Krauss

PORT ARTHUR, Tex. — It is hard to imagine the desert sands of the Persian Gulf being any farther away than from this swampy refinery port known for Cajun food, sport fishing and being the birthplace of Janis Joplin.
But right in the middle of town stands a strategic outpost for Saudi Arabia's global ambitions, although one that the Saudis appear loath to publicize.

http://www.cnbc.com/id/100618028

UPDATE 1-Shell, Kinder plan to export natgas from United States

http://www.cnbc.com/id/100413394

UPDATE 1-Shell, Kinder plan to export natgas from United States

Published: Monday, 28 Jan 2013 | 2:38 PM ET
By: Jeanine Prezioso

* LNG exports planned from Elba Island near Savannah, Georgia

* LNG cargoes fetch as much as $18/mmBtu, US price below $4

* Exports have US DOE approval but project under review

CBD Office Buildings Outperforms Other Commercial Sectors in the U.S.

World Property Channel
EDITION MAIN PAGE | North America Commercial News

CBD Office Buildings Outperforms Other Commercial Sectors in the U.S.
Posted by Hortense Leon 12/13/12 10:40 AM EST

CBD office real estate prices in the US continue to out-shine other core commercial sectors, including suburban office, industrial and retail, according to Moody's/RCA Commercial Property Price Indices (CPPI) report for October, which includes data from August, September and October 2012 (the latest data available for the CPPI). This reflects strong institutional demand even as there was a 1.0% decline in core commercial overall as measured by the CPPI.