Rangeland Energy is buying land near Loving, NM, where it plans to develop a large terminal facility to handle crude oil, frack sand, pipe and other products; plans for a crude oil pipeline to the terminal also are in the works, the company said Monday.
Articles from Loving
After apparently teasing volatility-loving traders Monday,natural gas futures have returned to the somewhat unspectaculartrading which marred the month of February by chopping lazilysideways for the past two days. Only subtle differences-Tuesday’slate decline vs. Wednesday’s late uptick-were seen asdistinguishing features in an otherwise featureless market. TheApril contract saw the largest gains, notching a 2.7-cent gain tofinish at $1.723 in light to moderate trading Wednesday.