Free Republic

PEMEX You might say Mexican state-owned petroleum company Pemex had a bad day Thursday. As Reuters reported, there were fires at three different facilities owned by the company — two in Mexico and one in Texas. And while there are still some unknowns, in an update, the wire service gives what details are known:(Reuters) – A Thursday night fire at Pemex’s 312,500 barrel-per-day (bpd) Deer Park, Texas refinery broke out in a crude distillation unit (CDU), said people familiar with plant operations.The sources did not know which of two Deer Park CDUs were hit by fire. The plant has a...

Federal agents have arrested Utah oil magnate James Lael Jensen, his wife Kelly Anne Jensen, and two of their sons, Maxwell Sterling Jensen (aka “Max”) and Zachary Golden Jensen, in connection with a sprawling $300 MILLION smuggling and money laundering conspiracy tied to Mexican criminal organizations. Court records reveal that all four members of the Jensen family were arrested on Wednesday, April 23 — with sons Max and Zachary taken into custody in the Rio Grande Valley, while James and Kelly Jensen were apprehended at their 26,893-square-foot mansion in Sandy, Utah, reportedly worth over $9.1 million. The arrest was carried...