Petroleum’s Impact on Mississippi’s Economy

by | Dec 3, 2014 | Oil

Behind the electric power industry, petroleum production, refining, storage, and distribution is the second largest segment of Mississippi’s energy sector, and these two sectors make up the vast majority of Mississippi’s energy sector. Because of high...

Strong Infrastructure Encourages Low Gas Prices in Mississippi

by | Oct 1, 2014 | Oil

MEI President Patrick Sullivan was recently featured in a Hattiesburg American article (read that here) detailing Mississippi’s current low gas prices. We discussed in detail back in 2012 exactly why Mississippi fares better than the rest of the country when it...

Chevron Celebrates Completion of Premium Base Oil Project

by | Aug 26, 2014 | Oil

Earlier this month, Chevron celebrated the completion of their Premium Base Oil Project. The company invested $1.4 billion in the local economy, created more than 2,000 construction jobs, and permanently created more than 30 jobs. Completion of this project positions...

Tuscaloosa Marine Shale Closing in on Commercialization 

by | Aug 22, 2014 | Oil

After several years of testing and seeking profitable production solutions, prospects for companies invested heavily in Mississippi’s and Louisiana’s Tuscaloosa Marine Shale seem promising. The summary provided in this article gives a brief overview of the...

Chevron Base Oil Plant Begins Production

by | Jul 21, 2014 | Oil

The Pascagoula Refinery, Mississippi’s largest energy asset, announced today the beginning of commercial production of the base oil project, a $1.4 billion addition to the Refinery. The base oil plant will produce about 25,000 barrels per day of lubricant oils...