DAILY OIL PRICE: April 10, 2024

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Crude Oil: 86.21   (+0.98). Nymex MTD AVG: 85.9480. Natural Gas: 1.885   (+0.013). Gasoline: 2.7816   (+0.0260). Spreads: May/June   (+0.77)   June/July   (+0.81). Plains WTI Posting:...

DAILY OIL PRICE: April 9, 2024

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Crude Oil: 85.23   (-1.20). Nymex MTD AVG: 85.9189. Natural Gas: 1.872   (+0.028). Gasoline: 2.7556   (+0.0070). Spreads: May/June   (+0.59)   June/July   (+0.96). Plains WTI Posting:...

LNG export ban crimps US ability to compete

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State Rep. Brooks Landgraf and Waco economist Ray Perryman say the Biden administration’s abrupt halt on new LNG export terminal permits is bad every...

Micro-nuclear plants going into oilfield

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The Permian Basin oilfield’s latest innovation is something called small modular reactors, which are so new that they are just now starting to happen. Referred...

Texas oil and gas production records tumbled in 2023

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AUSTIN The state’s major energy industry reached new peaks last year with records set for both oil and gas production. The Railroad Commission regulates the...

DAILY OIL PRICE: April 8, 2024

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Crude Oil: 86.43   (-0.48). Nymex MTD AVG: 86.0050. Natural Gas: 1.844   (+0.059). Gasoline: 2.7486   (-0.0400). Spreads: May/June   (+0.90)   June/July   (+0.89). Plains WTI Posting:...

THE ECONOMIST: Homebuying

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The National Association of Realtors (NAR) recently settled a major federal lawsuit. The primary issue was the compensation to buyers’ real estate agents required...

Basin rig count up one as prices soar

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The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 317 rigs active...

DAILY OIL PRICE: April 5, 2024

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Crude Oil: 86.91   (+0.32). Nymex MTD AVG: 85.9443. Natural Gas: 1.785   (+0.011). Gasoline: 2.7886   (-0.0056). Spreads: May/June   (+0.81)   June/July   (+0.86). Plains WTI Posting:...

DAILY OIL PRICE: April 4, 2024

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Crude Oil: 86.59   (+1.16). Nymex MTD AVG: 85.2200. Natural Gas: 1.774   (-0.067). Gasoline: 2.7942  (+0.0333). Spreads: May/June   (+0.78)   June/July   (+0.85). Plains WTI Posting:...