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President Biden briefed on Colonial Pipeline shutdown - White House

President Joe Biden was briefed early on Saturday on the Colonial Pipeline shutdown that resulted from a ransom attack, the White House said. ....

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Cargill to boost U.S. soy crush capacity, plant efficiency as food, biofuel demand rises

2 Min Read
March 4 (Reuters) - U.S. agricultural commodities trader Cargill Inc is expanding soybean processing capacity at two large Midwest crush plants and increasing efficiency at five other U.S. facilities to meet growing demand for food and fuel, the company said on Thursday.
Cargill’s $475 million investment in seven states comes as U.S. processors are already crushing soybeans at a record pace amid soaring demand for livestock feed.
Soybean prices have scaled to the highest in more than six years as the record crush, and record exports, are projected to shrink U.S. stocks of the oilseed to a mere 9-1/2 day supply ahead of the next harvest. ....

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U.S. Army Corps attorneys withdraw from Dakota Access Pipeline case

2 Min Read
FILE PHOTO: A makeshift doll is seen at the gate separating Rosebud camp and Sacred Stone, one of the few remaining camps protesting the Dakota Access Pipeline in Cannon Ball, North Dakota, U.S., February 24, 2017. REUTERS/Stephen Yang/File Photo
(Reuters) - The U.S. Army Corps of Engineers said two federal attorneys representing it in an ongoing legal battle over the Dakota Access Pipeline are withdrawing from the case, according to court filings, as opponents fight for the line’s closure.
The case is being closely watched by native groups and the energy industry, particularly after the Biden administration canceled a permit for the long-gestating Keystone XL project and has taken other steps to limit oil-and-gas exploration. ....

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North Dakota oil prices surge and output stalls as pipeline's fate awaited

Crude prices in North Dakota's Bakken shale region have surged to their highest levels in about six months as producers in the region rein in output and amid doubt over the fate of the Dakota Access Pipeline, the main artery running oil out of the region. ....

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UPDATE 1-Teamsters begin strike at Marathon St. Paul Park refinery

Nearly 200 unionized workers went on strike at a Minnesota refinery on Thursday after failing to agree on a new contract with Marathon Petroleum at the end of 2020, the union said. ....

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