Texas represented nearly 20% of all U.S. exports in the January-February period while California dipped to 11%. — Read on www.cnbc.com/2019/04/25/texas-exports-boosted-by-oil-rise-3-times-faster-than-us-increase.html Advertisements
The U.S. oil and gas industry is praised by supporters for boosting America to the forefront of global production and attacked by critics who blame it for sowing doubt about the scientific… — Read on apnews.com/132936c2afcb4f44bc3eb01f05b9156dRead more "CEO of oil group sees no slowdown in US production"
Innovation, investment and inviting geology have given new life to an oil patch that once seemed spent. The oil field is now the world’s second most productive. MIDLAND, Tex. — In a global collapse of oil prices five years ago, scores of American oil companies went bankrupt. But one field withstood the onslaught, and even […]Read more "How a ‘Monster’ Texas Oil Field Made the U.S. a Star in the World Market – The New York Times"
The number of active drilling rigs plunged by 10 last week led by dips in West Texas and Louisiana. Nine of the losses came from rigs drilling for oil, and two of them were offshore rigs, which factored into the loss for Louisiana, according to weekly figures compiled by the services firm Baker Hughes, a […]Read more "Rig count dips in Texas, Louisiana – HoustonChronicle.com"
Jupiter Energy extended an open season until May 31 on a crude oil pipeline from the Permian to the Port of Brownsville. It is expected to be operational in fourth quarter of 2020. — Read on pgjonline.com/news/2019/02-feb/jupiter-extends-open-season-for-crude-pipeline-from-permian-to-gulfRead more "Jupiter Extends Open Season for Crude Pipeline from Permian to Gulf | Pipeline & Gas Journal"
Oil prices rise as API data reportedly show a surprise decline in U.S. crude supplies – MarketWatch — Read on www.marketwatch.com/story/oil-prices-rise-as-api-data-reportedly-show-a-surprise-decline-in-us-crude-supplies-2019-02-26Read more "Oil prices rise as API data reportedly show a surprise decline in U.S. crude supplies – MarketWatch"
Midland led the nation in job growth, with employment in the West Texas county surging by nearly 12 percent — more than seven times the national average, the Labor Department reported Wednesday. — Read on www.houstonchronicle.com/business/energy/article/Midland-crushes-nation-in-creating-new-jobs-13632304.phpRead more "Midland crushes nation in creating new jobs – HoustonChronicle.com"
The Houston economy has largely recovered from the two-year oil downturn that began in 2014 and economic indicators suggest solid growth ahead for the region, according to analysis by a University of Houston economist. The local economy, after struggling in recent years, is again adding jobs at a strong pace, supported by oil prices above […]Read more "Forecaster: Houston economy has recovered from downturn – HoustonChronicle.com"
The first clear indication that I had entered an area experiencing an oil boom was the Halliburton Co. office with a “Now Hiring” sign out front on the north side of Artesia, New Mexico. Next came a couple of equipment rental places with some unfamiliar-looking equipment on their lots, then the first of what were […]Read more "$540 for a night at Super 8 motel and other lessons from a drive through Permian Basin | Energy | Dallas News"
Responding to a Misleading Narrative on Texas Oil Exports Thursday, October 11, 2018 Texans For Natural Gas | October 11, 2018 Fact check: Sensational, misleading media story that claims Permian Basin energy development is “threatening the planet” is chock full of inaccuracies, features debunked activist claims, and was co-authored by an organization funded by “Keep […]Read more "Responding to a Misleading Narrative on Texas Oil Exports – Texans for Natural Gas"